If you look at it not as a coin fanatic but as an investor, $SUI is currently one of the most interesting Layer-1 projects on the market.
What I like: Strong team and the project was created by former Meta (Facebook) developers who worked on Diem. High network speed and low fees. Significant backing from funds and exchanges. In the last cycle, SUI demonstrated its ability to quickly attract liquidity and users.
But there are some downsides:
Token unlocks. Not all SUI coins are in circulation yet.
Circulating: 4.03 billion SUI
Max supply: 10 billion SUI
This means over half of the supply hasn't hit the market yet. This creates pressure on the price in the long term.
The price is still significantly below the all-time high of $5.35
What I like: Strong team and the project was created by former Meta (Facebook) developers who worked on Diem. High network speed and low fees. Significant backing from funds and exchanges. In the last cycle, SUI demonstrated its ability to quickly attract liquidity and users.
But there are some downsides:
Token unlocks. Not all SUI coins are in circulation yet.
Circulating: 4.03 billion SUI
Max supply: 10 billion SUI
This means over half of the supply hasn't hit the market yet. This creates pressure on the price in the long term.
The price is still significantly below the all-time high of $5.35