Andrew Kang: Still expecting significant returns in the altcoin space, mainly limited to meme coins

According to BlockBeats news, on April 3, Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, posted on social media that “BTC/ETH is expected to be mainly range-bound in the next few weeks. As the currency gradually enters the institutionalization stage, volatility will continue to be compressed." Andrew Kang said, “I still expect significant returns in the altcoin space, but mainly limited to ‘Memecoin’ as the flow of new money into the crypto market slows down. At this stage, I expect the older crypto-native generation to invest more in Memecoin, as many will no longer be able to profit comfortably in all rising markets. For those who are not participating, the biggest risk is that "Memecoin" rises and other altcoins fall. Nothing inspires acceptance of a new trend like a clear loss of liquidity. "