NFTs are not dead: Wealthy crypto collectors are still driving the market, says Animoca Brands' Yat Siu

CoinDesk Published Updated Cryptocurrency
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Affected assets and topics

CRYPTO NFT

Why it matters

NFT market is still driven by wealthy crypto collectors, according to Animoca Brands' Yat Siu, who notes a community of owners who bought for long-term ownership rather than resale.

Expected market reaction

Bullish Confidence 80% How confidence is read Horizon: Short term Impact: Moderate

Market impact analysis based on bullish sentiment with 80% confidence.

Evidence trail

Evidence
Source CoinDesk
Claim NFTs are not dead: Wealthy crypto collectors are still driving the market, says Animoca Brands' Yat Siu
AI inference Bullish · 80%
Generated 2026-01-19 19:00

AI provenance

Analysed by Llama 3.1 8B Instant (Groq) Methodology v1.0 Generated
Technical identifiers
Provider tag
groq-llama-3.1-8b-instant
Analysis version
groq-llama-3.1-8b-instant
Article id
34394

Original source

The Animoca Brands co-founder, who is also an avid NFT collector, said there's a community of owners who bought to own, not sell.

Read the full article on CoinDesk

Original article published by CoinDesk on January 19, 2026. Analysis and insights provided by AnalystMarkets AI.

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Insufficient sample · n=22 — Llama 3.1 8B Instant (Groq) needs 30 scored calls on crypto before an accuracy figure means anything.