YGG market fluctuation, the reason for the increase from 90 million to 100 million has been found.

According to rumors, YGG may launch its own launchpad. Currently, the clear points are:

First, it is positioned as a vertical gaming launchpad.

Second, it will move towards a fair launch approach, borrowing from Virtuals.

The transformation logic is actually quite reasonable. The gaming project resources, community influence, and deep understanding of the blockchain gaming track that YGG has accumulated over the past few years provide a natural advantage for creating a launchpad.

With precedents like Virtuals, which created many wealth-building myths through point staking and gamified sales models, if YGG can replicate this gameplay in the gaming track, it theoretically possesses a differentiated competitive advantage.

$YGG Market

Circulating Market Value: 100 million USD

Unlock Progress: 84% unlocked

Next Unlock: September 27

Looking at the chip structure, the top 25 entities control 49% of the circulating supply, which is relatively concentrated; in terms of trends, $YGG has been consolidating sideways since 2022, fully washing out, with relatively little resistance above.

However, there are a few points that worry me.

First, the current market sentiment and capital focus are not on the gaming sector, so whether YGG's launchpad can rise against the trend during the downturn in the gaming track is uncertain.

Second, whether it can truly benefit the $YGG token itself. Last month, YGG officially announced a 1 million USD buyback, but the market response was not particularly enthusiastic.

In the end, while YGG's launchpad is strategically correct, its long-term value still depends on the specific implementation results. I will continue to follow up.