Recently, many friends have asked Dabai whether he wants to play with meme coins on the chain.

Previously, there was a huge explosion of Dogecoin on the SOL chain, and many people reaped a huge dividend

The meme coins on the SUI chain are also gradually rising strongly, which is worth everyone's attention.


With the rise of the Meme coin craze, Sui's ecosystem has experienced explosive growth. The SUI token has risen by more than 10% in the past week, and the price has broken a record high.

At the same time, the number of daily active users on the Sui chain soared by 300% in less than a month, and the total locked value also hit a record high. Faced with such a rapid rise and ecological expansion, which projects deserve our attention?

Let's dig with Dabai

Suichain MEME coin

Sui's Meme coin market has expanded rapidly in recent months, and its trading volume has increased significantly.

For example, HIPPO has become the leading meme coin with its price rising 164% in the latest week.

Sui’s upcoming Hop.fun platform is expected to further boost the growth of Memecoins, similar to how Solana performed in this market.

The picture shows the statistics of the more popular Meme coins on Sui Chain



Sui Ecosystem Project Opportunity Analysis

Sui's ecosystem demonstrates its unique technical design and a wide range of application scenarios, and is one of the rapidly emerging Layer 1 networks in the blockchain field.

It adopts a parallel processing architecture, which greatly improves transaction speed and scalability, and provides efficient platform support for fields such as decentralized finance (DeFi), games, and NFTs.

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SUI tokens have increased by more than 400% in total, and the ecosystem TVL has exceeded US$1 billion

If we look at the trend of SUI tokens from the candlestick chart, August 7 was the starting point for the rise of SUI tokens. On this day, after Grayscale announced the launch of the Sui native token SUI Investment Trust Fund, the price of SUI tokens began an astonishing rise, from a low of $0.5 all the way to a high of $2.3 on October 13. In two months, the cumulative increase in the price of SUI tokens exceeded 400%, and the market value also ranked among the top 20.

In just two months, Sui's excellent performance in currency price has been remarkable. It has not only attracted the attention of crypto investors, but also made the entire crypto industry re-examine this high-performance Layer1 network. Some crypto users even pin their hopes on Sui as the next Solana. Funds have also begun to pour in in large quantities in search of opportunities, and the ecosystem has also begun to explode. Meme hype such as HIPPO and DeFi application crazes have come one after another.

According to DeFiLlama data, on October 1, the total locked value (TVL) of the Sui mainnet officially exceeded US$1 billion, with a monthly increase of approximately 50%. Now the locked value of crypto assets on the Sui chain has jumped to the top 7 in the entire blockchain market.

In addition to the growth in coin prices and TVL, other indicators such as the number of users and transaction volume of the Sui ecosystem are also rising steadily. In particular, according to the SuiSVison browser, Sui has gone from millions of transactions per day to more than 100 million transactions per day since October, with the highest transaction volume on October 5 reaching 117 million transactions, setting a record high.

As the price of tokens rises, more and more investors and developers are paying attention to this platform. According to the developer data, there are 1,108 developers on Sui Chain, an increase of about 64% in the past year, making it the fastest growing public chain.

What projects can I participate in in the Sui ecosystem?

Currently, according to Sui.directory, the entry point of the Sui ecosystem, there are 86 native projects included, covering games, DeFi, infrastructure, etc.

Meme Track

1. Sui chain hippopotamus Su deng (HIPPO)

Su deng (HIPPO) is a hippo meme project on the Sui chain. It is one of the three major hippo coins along with MOO DENG on Ethereum and Moo deng on Solana. They are all created based on the image of hippopotamus in a Thai zoo. The market value once surpassed MOO DENG on Ethereum and Moo deng on Solana.

As of October 14, HIPPO had a market value of US$116 million, making it the Meme coin with the highest market value on the Sui chain. During the same period, Solana's Moo deng had a market value of US$130 million, and MOO DENG on Ethereum had a market value of only US$35.2 million.

2. BLUB

The BLUE image design expresses the characteristics of the Sui ecological water system. It is known as a fallen fish in the Sui ocean and will stir up the development of the Sui ecology. The project was launched on June 30 this year and was once the Meme coin with the highest market value on the Sui chain.

On October 14, BLUB’s market value was US$51 million, ranking second among Sui Chain Meme projects.

3. Sui Ecosystem’s dog project Fud The Pug (FUD)

Fud The Pug (FUD) is a Pug project within the Sui ecosystem. It was distributed to Sui ecosystem users for free in the form of an airdrop at the end of December last year. It was launched relatively early, with a market value of US$50 million as of October 14.

4. Meme coin issuance platform Pump.fun

MovePump is a Meme distribution platform launched by NFT trading platform BlueMove on Sui and Aptos. Its working mechanism is similar to Pump.fun. The deployment fee for each Meme token is only 0.5SUI. More than 50 Meme projects have been created recently, and the number is still increasing.

5. Hopdot.fun launched by DEX aggregator Hop

Hopdot.fun is a Meme coin issuance platform launched by Hop, a DEX aggregator on the Sui chain. It was originally scheduled to go online on October 12, but has now been postponed to October 20.



There are more meme coins to be issued in the SUI ecosystem. Let’s study the SUI chain first, and then we can find opportunities to deploy meme coins on the SUI chain.

The old meme coins are gone, more opportunities are in those meme coins that have not yet been released

Dabai is also researching, and if there is something that can be planned, Dabai will share it with everyone for your reference

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