Andrew Kang: Still expecting strong returns in the altcoin space
Andrew Kang, co-founder and partner of Mechanism Capital, a cryptocurrency venture capital firm, stated in a post that over the past few months, almost all currency pairs except Bitcoin have experienced significant gains. He predicts that BTC/ETH will mainly fluctuate within a range in the coming weeks, as institutionalization of major currencies will continue to compress volatility.
I still expect there to be considerable returns in the realm of altcoins, but mainly limited to Memecoins, as the rate of new funds entering the crypto market slows. At this stage, I expect the older generation of crypto natives to invest more in Memecoins, as many will no longer be comfortable profiting in all bullish markets. For those who do not participate, the biggest risk is the rise of Memecoins and the fall of other altcoins. Nothing can inspire people to accept new trends more than obvious liquidity loss.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why The Next Altcoin Season Could Be the Biggest Ever
Mind Network Unveils First Encrypted Cross-Chain $USDC Layer with Circle and Chainlink
Trump’s Tariff Policies Unlikely to Increase US Manufacturing Jobs in the ‘Foreseeable Future’: Wells Fargo Analysts
PENGU Was Missed by Many—Grab BTFD Presale and Turn $100 into $12K: Best New Meme Coin to Join This Week!
Missed Pudgy Penguins? Don’t miss BTFD! With 11,900% ROI potential, 90% APY staking & a live P2E game, it’s the best meme coin to join this week!BTFD Coin Is Where Whales Feast—Get in Before the Final Blowout!Pudgy Penguins (PENGU) — You Delayed, It Blew UpConclusion: Timing Is Everything in Crypto!

Trending news
MoreCrypto prices
More








