TechFlow Post news: Recently, YGG led the surge in the GameFi sector; however, the market enthusiasm was short-lived. As a gaming guild concept, YGG is most closely associated with Merit Circle and Guild Fi, but both projects showed weak follow-through performance and experienced sharp price drops. Additionally, leading platform tokens such as GALA, MAGIC, and IMX did not see significant capital inflows, indicating that the GameFi sector has not truly recovered.
According to on-chain data analysis by Bitget Research, during YGG’s price increase, DWF Labs, BITKRAFT Ventures, a whale, Youbi Capital, Sfermion, and Wintermute transferred 3.64 million, 1.57 million, 2 million, 1 million, 1.2 million, and 11.1 million YGG tokens respectively to Binance.
Regarding future prospects for the GameFi sector, Gracy Chen stated: "The gaming sector warrants medium- to long-term attention. First, after an extended period of bottom consolidation, retail-held tokens have largely been accumulated by institutions. Second, institutional investment continues—over 90 gaming projects have raised funding this year, totaling hundreds of millions of dollars. Lastly, the upcoming Cancun upgrade will bring positive developments. As the upgrade significantly enhances Layer2 performance, it will facilitate multi-chain deployment and operation of GameFi games. Improved infrastructure and performance could potentially trigger speculative capital interest."
