I think there are several possible reasons why institutions choose counterfeit coins: 1. Shanzhai coins using public chains as tokens may have a certain market position and opportunities to participate in the ecosystem and obtain staking profits, such as HYPE; 2. Represented by DeFi, altcoins such as UNI AAVE may have strong revenue creation capabilities and high certainty of investment returns; 3. The token is facing significant pressure from VC selling, and the foundation has a certain sense of guilt towards selling to the public. It has established strategic reserves with listed companies for maneuvering, such as ENA WLFI; 4. Pure market speculation or broader comprehensive marketing, such as CYBER ANIME. Everything has just begun, don't panic, enjoy the process!