Recently, many people have been calling for more SUI. What do you think? Can this edge chain pull a wave?
Mechanism Capital co-founder: SUI has multiple bullish signals and may usher in interesting developments
Mechanism Capital co-founder Andrew Kang posted on X that although there is no exact information, he believes that SUI may be about to usher in some interesting developments. Kang listed five reasons to support this prediction:
1. Raoul Pal, who serves as a member of the advisory board, has posted a series of posts supporting SUI;
2. There is a large amount of over-the-counter demand in the market;
3. Despite the large-scale unlocking, holders remain relatively strong;
4. SUI price trends are positive and there has been no pullback;
5. The recent Mysiceti performance upgrade may bring interesting new applications.
Kang also added that some people commented that SUI is issuing grants to promoters, which would be a bullish signal if true.