Sourcing initial capital from his mother to build a $1 billion crypto empire, DFG CEO James Wo says market metrics do not support Tom Lee’s $250,000 ether prediction. James Wo, founder of crypto investment firm DFG, argues that bitcoin has achieved a level of institutional consensus and safe-haven status that ether is unlikely to match in the near term. Wo claims that Ethereum’s value is diluted by activity and fees shifting to Layer-2 networks, and he doubts ether will reach a new all-time hig…
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