According to TechFlow, cryptocurrency trader Eugene Ng Ah Sio expressed his views on the SUI public chain. Eugene pointed out that the current lack of substantial events in the crypto market has led traders to look for new narratives for hype.
He believes that although the trading theme of "SOL killer" is attractive, SUI still lacks the structural foundation to support organic activities and is not worth holding for a long time. He said that although someone asked him to buy Sui below $0.90, he was not interested in it.
He emphasized that if SUI is the best "SOL killer" that the market can come up with, then SOL is likely to continue to rise in the long run, and there is currently no public chain that can compare with SOL. Eugene also said that he did not short SUI, calling this practice "unwise."
