On September 23, I clearly called out SUI (Original text:Is Sui the SOL killer?), put forward the idea of ​​Sol killer, and the price at that time was 1.5.

The reason for recommending Sui is very simple. In terms of fundamentals, Grayscale's attitude towards Sui, the promotion of Pal, a big V with millions of fans in the community, and in terms of funding, we found that more than 30 capitals were involved behind the scenes, so we recommended it without hesitation.



Of course, the downside of explicitly recommending something is that people would suspect you of being a shill and scold you. Of course, I didn’t mind the scolding because Sui was actually on the eve of an explosion at that time.


— — From that day on, Sui’s score never dropped below the 1.5 when I posted the article.

At present, it has doubled 2.6 times since Sui Li recommended it. Although the market outlook continues to be optimistic, it has passed the "undervalued" range in my opinion. Even if you enter now, you will not get much benefit, but increase the risk.

But it does not mean that Sui ecosystem has no opportunities. In fact, many tokens in Sui ecosystem are just starting out, or have just been issued, so there is still a lot of room for development.

Meme track on Sui

Memecoin is the focus of hype in this round of bull market. Although Solana is the most popular, there are actually memes on every public chain, including Sui. Moreover, we have reason to believe that as the price of Sui rises and the ecosystem continues to grow, the memes on the chain will also receive more attention.

Meme fluctuates greatly, so I will not provide contracts and purchase methods for the coins introduced below. If you really know, you can private message me crypto919191.

The main MeMes worth paying attention to on Sui are:

BLUB

Blub is the big brother of Meme in Sui. It is a fish with a Pepe face, which fits the water attribute and Pepe element. It is a meme token issued in June this year. There are more than 30,000 holdings on the chain. Those who are interested can study it by themselves.

HIPPO

Hippo is a hippopotamus meme project on Sui Chain, corresponding to Moo deng, both of which are meme coins derived from the hippopotamus image in the Thai zoo. The project team said that part of the profit will be given to the wildlife protection fund, which is a meme combined with public welfare. The token was created at the end of September this year and is currently in the third wave.

AAA

AAA is the black cat coin on Sui, which is derived from an emoticon package. Later, Sui developer Drippy.sui also got involved. The whole community is quite evil, and so is the price. I think it is still a very interesting coin.

Sui Ecological Potential Currency

The public chain ecosystem is the most vital ecosystem in the blockchain. Generally speaking, the rise of a public chain currency can drive the popularity of potential projects within the ecosystem, thereby increasing its currency price, and then feed back to the ecological token. This has been confirmed many times on Sol and ETH.

Therefore, when we see that Sui has increased tenfold since the second half of this year, while the ecological tokens within it have only increased moderately, we should be very excited. This is the best time to research potential currencies.

The largest lending platform on Sui Chain, enabling users to participate in the Sui ecosystem as liquidity providers or borrowers. At the beginning of this year, it raised $2 million, including investments from more than a dozen institutions including OKX Fund. NAVI Protocol has long been the No. 1 protocol in TVL ranking on Sui, and its market value/TVL is only 0.11 (it is generally believed that the lower this value is, the more underestimated it is). On October 7, the platform's native token NAVI was launched on Bybit Launchpool.

DeepBook

The first native liquidity layer on Sui, whose token is DEEP, will be launched on October 14. The current price is $0.06; however, it should be noted that the market value/FDV is 0.25.

Flash

Cetus is a DEX and centralized liquidity protocol that uses an algorithm similar to Uniswap V3. Judging from recent data, Cetus's revenue data is also the highest in the Sui ecosystem, and its TVL is also among the top on the Sui chain.