Animoca’s Yat Siu says crypto’s Trump moment is over

Animoca's Yat Siu stated that the cryptocurrency market's initial hype, likened to a "Trump moment," has passed, signaling a shift towards maturity. He emphasized the need for the industry to focus on building sustainable projects rather than chasing speculative gains. Siu noted that while the excitement around crypto has waned, the underlying technology and potential for innovation remain strong. He encouraged developers and investors to concentrate on real-world applications and long-term growth. Overall, Siu believes the crypto sector is entering a new phase that prioritizes stability and utility.

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