At what price is Sui more cost-effective?
Generally, when we look at where a coin is picked up, we mainly look at three points: technical spatial position, fundamental valuation price, and early investors’ private equity costs.
For #Sui#, because it is a new currency, there is currently no support for the downward trend, so the technical aspects are ignored here.
Looking at the fundamental valuation, the current benchmark is Apt, which has a circulation of 1.2 billion and a total market value of 6 billion, while Sui has a circulation market value of 350 million and a total market value of 6 billion. Therefore, from the perspective of total market value, the current two are equivalent.
Looking at private placement costs, Sui's last fundraising cost was between 0.2-0.3 US dollars, while the exchange's IE0 cost was around 0.1.
Therefore, we can conclude that on the way of normal selling pressure, the price of Sui will obviously go down according to the static benchmark Apt. If we look at the private equity cost, if Sui can reach 0.3, I think it is a very cost-effective position to receive goods. .
Generally, when we look at where a coin is picked up, we mainly look at three points: technical spatial position, fundamental valuation price, and early investors’ private equity costs.
For #Sui#, because it is a new currency, there is currently no support for the downward trend, so the technical aspects are ignored here.
Looking at the fundamental valuation, the current benchmark is Apt, which has a circulation of 1.2 billion and a total market value of 6 billion, while Sui has a circulation market value of 350 million and a total market value of 6 billion. Therefore, from the perspective of total market value, the current two are equivalent.
Looking at private placement costs, Sui's last fundraising cost was between 0.2-0.3 US dollars, while the exchange's IE0 cost was around 0.1.
Therefore, we can conclude that on the way of normal selling pressure, the price of Sui will obviously go down according to the static benchmark Apt. If we look at the private equity cost, if Sui can reach 0.3, I think it is a very cost-effective position to receive goods. .