#SUIš„š„š„š„ valuation by hypothetical method.
1. What is $SUI (SUI)?
Sui is a low latency, high throughput Layer 1. With instant transaction finality, Sui becomes a top candidate for on-chain use cases such as DeFi and GameFi. The blockchain is programmed in Rust, a programming language focused on fast and secure transaction execution. Rust is also the programming language of Solana, another high-speed blockchain.
2. Technical valuation.
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After listing, Sui dropped 82% from its peak price of $2 to $0.36
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From $0.36, Sui increased to $2.18, equivalent to 605%. From $2.18 Sui fell back to $0.89 by about 60%
=> Temporarily call the period of increase from $0.36 to $2.18 wave 1 and from $2.18 to $0.89 wave 2. The current period Sui is at the foot of wave 3. From there, it is estimated that the peak of wave 3 is $3.6 and the peak of wave 5 is $7.
3. Valuation by capitalization:
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According to Sui's Tokenomics, the total supply of Sui is 10B, the current circulating supply is 2.6B with a circulating capitalization of $2.29B and a diluted capitalization of $8.84B.
=> Assuming that the market peaks in November 2025, there will be 3.68B Sui in circulation. If Sui remains the same, the circulating capitalization at that time will be 3.3B dollars.
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Sui is a Layer 1 project so we can temporarily compare it with Ethereum, Binancecoin, solana, cardano, tron.v.v....
3.1 Suppose Sui's capitalization is equal to Binancoin's capitalization at its peak of 106B dollars => We will have 106B/3.68B(sui) = 28$
3.2 Suppose Sui's capitalization is equal to solana's capitalization of 90B dollars => We have 90B/3.68B(sui) = 24.4$
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