TechFlow news — On August 16, Andrew Kang, co-founder of crypto venture firm Mechanism Capital, posted on social media stating that while Bitcoin may reach new highs in the next market cycle, the market cap of altcoins, including Ethereum (ETH), might not rise correspondingly.
Kang believes the altcoin market will bottom out at some point in 2025. He particularly emphasized that the next wave of market momentum will be driven by tokens associated with decentralized AI infrastructure. These tokens will provide essential infrastructure support for artificial general intelligence (AGI), covering areas such as communication, value transfer, training, computation and inference, energy markets, and data storage.
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