Can Sui still rise?
1. A few months ago, I sorted out the development status of various L1s. At that time, I compared Sui with APT. Sui's on-chain activity and the efforts of the foundation exceeded APT. Now Sui has risen almost 5 times from its low point.
2. Although Sui has risen to near its previous high recently, it is still a vc coin after all. 64m Sui was just unlocked in October, and 590k was unlocked every day after 20 days, which lasted for 90 days. So when liquidity has not fully entered the currency circle, I am skeptical about Sui's continued rise. $SUI #sui链 #sui/usdt