📊｜Project Analysis⏩️CETUS
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📢Since September, the focus of the crypto market has mainly concentrated on two areas. First, the meme sector is undoubtedly one of them, with the surge of the little hippo bringing memes back into the spotlight.
Secondly, SUI, as an emerging Layer 1 blockchain solution, has garnered widespread attention in the crypto market. Since September, the price of SUI has skyrocketed from $0.76 to $2.16, achieving an increase of about 185% in just a month and a half. This conveys a strong market narrative that SUI has the potential to replace Solana.
🔥CETUS is a project that focuses on the Move ecosystem (including Sui and Aptos) and serves as a decentralized trading platform and centralized liquidity protocol. It will be an important component of the Move ecosystem's underlying infrastructure, catering to the diverse needs of traders, liquidity providers, layer 2 protocols, and various DeFi user groups. It is also one of the few highly active DEXs I have seen in the market, making it worth attention.
Friends interested in SUI can keep an eye on Cetus. Currently, the SUI ecosystem is still in a relatively early stage, and Cetus has the advantage of being an early player.
🔻This project can be regarded as an observation and entry point in this round of the bull market for altcoins. It just recently went through a low point confirmation and is now in an upward channel along with the market.
