According to TechFlow, Andrew Kang, co-founder of Mechanism Capital, expressed his latest views on the altcoin market. He pointed out that people tend to believe that past patterns and rules of thumb will always apply, but reality may be changing this perception.
Kang said that even if Bitcoin hits new highs, it does not mean that altcoins can keep up.
He expects the market may bottom out around 2025, and the next wave may be led by tokens related to decentralized AI infrastructure.
Kang believes that AGI (artificial general intelligence) will require unstoppable infrastructure for communication, value transfer, training, computation/reasoning, energy markets, and data storage. He invites teams working in these areas or other projects related to the post-AGI world (such as robotics, UBI, utopia-related, AI-driven cancer research, anti-aging, general scientific research/medicine, etc.) to contact the Mechanism Capital team.
