Adrian Lai, founding partner of Hong Kong-based crypto investment firm Orichal Partners, has forecast that in 2018 the crypto market will “mature” and increase its trading volume, particularly among institutional investors, the South China Morning Post reported April 9.
Lai characterized both last year’s eye-popping market cap growth — reaching an all-time high of over $800 bln by early Jan. 2018 — and its subsequent first quarter spiral to $256 mln, as of today, April 9, as “irrational.” He attributed this staggering volatility to a lack of regulatory oversight and institutional investment, but struck a decisively optimistic tone about the future, saying that:
Continue Reading on Coin Telegraph
