The weekend market is very good, and the SUI series is strong!
As expected, pulling the market is the best marketing, and capital promotion always beats all talk! Convincing people with the rise!
Sui's biggest shortcoming is precisely the core team's cautiousness and "not knowing how to play". The founding team should be one of the oldest among all L1s. They have already achieved success in the Bay Area before starting the project. Coupled with the indescribable legal affairs, Sui lacks the narrative ability and market ability of Solana, and even OTC is extremely difficult, so it can only seek help from its investment institutions.
With this adverse start, you can still say that the reason why Sui's ecosystem "took off" is not because of Sui's official, but because of the "self-salvation" of everyone in the ecosystem. Sui has one of the highest proportions of unissued projects among all L1s - there are products and data, but insufficient financing, and no coins have been issued. For example, Typus, Bucket, WINX, etc.
Other coin-issuing projects such as NAVI, Scallop, and Suia were not ideal for their first listing. This led everyone to think about how to break the deadlock and save themselves very early, including Sui Foundation.
Last year, Singapore Builder House discussed how to use memecoin to activate traffic and topic popularity, including how to start the market when early meme projects, including FUD, were established. No matter how bad the market is, no matter how inexperienced everyone is, they never give up and keep making trouble.
Many Sui memecoins you see today have the background of former members, ambassadors, and mods of a certain Sui project. It is because of the efforts of these people that the conspiracy group can choose Sui and the high FDV split P can be born!
