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Details: ht
"Andrew Kang's View: Why Tom Lee's Ethereum Argument is Idiotic?" Mechanism Capital co-founder Andrew Kang recently strongly refuted Tom Lee's bullish assertion on Ethereum, stating that there are several misunderstandings of financial common sense in his viewpoint. He pointed out five major issues: First, while the volume of stablecoins and RWA has significantly risen, the fee income has not increased correspondingly, and a large amount of activity is shifting to Solana and Arbitrum.