Yuga Labs’ vice president of blockchain has warned that Ether could drop as low as $200 in a prolonged bear market, a 90% decline from its current price.
In a March 11 post on X, the executive, known as “Quit,” pushed back against analysts who suggest $1,500 as a possible bottom for Ether (ETH). Instead, Quit argued that a true bear market could see ETH fall significantly lower, similar to previous market cycles.
“A true bear market target, if we’re just getting started, would be…
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