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Animoca Brands co-founder states: Altcoin market cap will eventually surpass Bitcoin
【BiTu】At the recent Solana Breakpoint conference, co-founder of Animoca Brands, Yat Siu, revealed some astonishing data — they have invested in over 628 portfolio companies, with approximately 200 of those being gaming projects.
What’s even more interesting is Yat Siu’s view on the market: he compares Bitcoin to digital gold, and altcoins? They are the stock market of the crypto world, the true growth engine. His logic is straightforward — there are real use cases supporting altcoins, so in the long run, the total market cap of altcoins will inevitably outpace Bitcoin.
This judgment is bold. After all, Bitcoin is still the market leader, but from a use case perspective, it is indeed the altcoins that support the application layer of the entire Web3 ecosystem. Gaming, DeFi, NFTs… these applications are beyond what Bitcoin can cover.