PANews reported on September 18 that according to Beincrypto, Animoca Brands co-founder and executive chairman Yat Siu said in a recent interview that there are a series of tokens that have performed poorly, but some tokens have performed well, such as Bitcoin, Ethereum, Solana and TON. The key difference is institutional support. Projects with institutional support tend to perform more stably, starting with Bitcoin ETF. The cryptocurrency industry is now entering the institutional era, which means that institutional support is needed to stand out. The traditional stock market is dominated by institutional investors, while the token market is dominated by retail investors. In the institutional investor market, projects will be carefully studied because they require strong purchasing power and long-term planning.
In addition, Yat Siu also talked about the recently popular "Black Myth: Wukong". He said that he was proud that "Black Myth: Wukong" could become a global hit game. This is an interesting moment. The popularity of "Black Myth: Wukong" is also due to the early Asian game companies and the Asian-led cultural prosperity.
