🚨 SUI Token Update: Caution Advised! ⚠️
Ever since the SUI Foundation and its partners were exposed for secretly selling tokens, the SUI token has been in a downward spiral. The Foundation’s dismissive response, labeling their actions as “normal operations,” has only fueled skepticism among investors.
🔻 Current Situation
SUI is now a regular on the top losers list, with its hype fading fast.
Buying the dip? That’s just like catching a falling knife—risky and potentially devastating.
Shorting? It feels like picking up free money off the ground as the bearish trend continues.
📉 Overhang Concerns
With over 7 billion tokens still waiting to hit the market, many are left wondering: where’s the upside? 🚫 This token has no fuel left for a rebound. The supply overhang means every rally is likely to get crushed by an influx of selling pressure.
⚠️ Conclusion
Exercise caution when dealing with SUI. The outlook remains bleak, and the fundamentals are shaky. Stay informed an
d trade wisely! 💡
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