He’s accurately predicted every market drop since 2020. Here’s why he’s considered a trading legend, plus a look at his holdings 🧵👇
1/
➜ Andrew Kang is a prominent figure in crypto analysis, with a 320k following.
➜ He’s a seasoned investor and Co-Founder of the Tier 2 fund
@MechanismCap ➜ Net worth: $200 million
2/
➜ Let’s take a look at his track record as an investor.
➜ As co-founder of @MechanismCap, Andrew Kang regularly invests in early-stage projects like:
@1inch Network @BotanixLabs
@Plume - RWA Chain ➜ Take a closer look at these projects
3/ 0xe8c19dB00287e3536075114B2576c70773E039BD
➜ I’ll be using @ArkhamIntel to dive into his holdings.
➜ Keep in mind that not all wallets are publicly visible.
➜ This research will give insight into which sector he’s focusing on.
4/
➜ The key takeaway was that
$ETH is overvalued.
➜ Andrew also mentioned that after ETF approval, the price would range between $2,400 and $3,000.
His prediction came true.
5/ ➜ Andrew Kang believes
$ETH is less appealing to institutional investors compared to BTC.
➜ He estimates that ETH will attract only about 15% of the funds that initially flowed into BTC.
➜ As a result, this could significantly limit its upside potential.
6/
➜ The issue is that the community expects too much.
➜ Most people see ETH as something very unique and advanced.
➜ But, for non-crypto investors, this asset isn’t as attractive as people think.
7/
➜ Andrew Kang suggests that if Trump wins the election, $DOGE and $NEIRO will start to rise.
➜ Most meme coins will also show results, so remember to stay cautious and grow along with me.
#AndrewKang $BTC