Tom Lee: Standard Chartered's forecast of ETH reaching $7,500 by the end of the year may underestimate its actual value

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BitMine's new Board Chairman Tom Lee responded to "Standard Chartered Bank raising ETH's year-end price expectation to $7,500", stating that this target price might be too low. Previously, Tom Lee indicated that based on Ethereum network fundamentals, ETH's fair price is $15,000.

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