Andrew Kang: Still expects considerable returns in the altcoin space, but mainly limited to Meme coins

ChainCatcher news, Andrew Kang, co-founder and partner of the crypto venture capital firm Mechanism Capital, stated on social media, "I expect BTC/ETH to mainly fluctuate within a range in the coming weeks, as major cryptocurrencies gradually enter the institutional phase, volatility will continue to compress."

Andrew Kang mentioned, "I still expect substantial returns in the altcoin space, but primarily limited to 'Memecoin', as the pace of new capital flowing into the crypto market slows down. At this stage, I anticipate that the older generation of crypto natives will invest more in 'Memecoin', as many will no longer be able to comfortably profit in every bullish market. For those not participating, the biggest risk is the rise of 'Memecoin' while other altcoins decline. Nothing stimulates the acceptance of new trends more than obvious liquidity loss."