$SUI is a token that I have been trading frequently since last year. At first, I just found that trading SUI could make me money. After half a year, I started to understand the entire SUI project. I remember that I first mentioned SUI to my readers in the Newsletter, but because it is not a trendy coin and not a token that popular, there is not much reading volume and no response.
This year, SUI has returned to an upward trend after a short period of downturn. I want to talk about SUI again in today's article. First of all, this article is not sponsored. It is what I want to share with my readers after I have actually benefited from long-term trading, whether you prefer to invest or short-term trading. This token is more worth knowing at this time.
What is SUI ?
Sui is an independent blockchain. The original intention of the founders to build the SUI chain is to eliminate untrustworthy intermediaries and protect the privacy of users. Direct digital ownership gives everyone greater control and enables everyone to realize the value of the Internet.
This project focuses on maximum security, accessibility and creativity.
Therefore, the original token on the SUI chain is also SUI, it has its own community, and even has its own SUI wallet, which can be found in the Google store.
Transfers on the SUI chain enjoy the lowest GAS fee in the market, and can be logged in with social accounts, such as Google, Facebook, Twitch, etc.
The community is young and FUN, and SUI is also committed to developing dApps and games for SUI chain itself.
Why do I value SUI?
Yes, I value and like SUI at this moment :)
As an investor, what I value most is that SUI has not thought about retiring, and has been developing new projects, looking for new cooperation and applications.
For example, the latest project - SUI provides blockchain technology for 3DOS 3D printing intermediary. This project is easy to understand. Artists or architects upload their creations and designs on the 3DOS website, which are automatically cast into NFTs, and then 3D printers from all over the world who cooperate with 3DOS complete the production and send them to customers. I personally think that 3D intermediaries and NFT casting are actually a bit redundant. Individual creators can cast NFTs by themselves and then contact 3D printers to make them. But this is not the point. Regardless of the life of the project, SUI has been committed to developing itself and innovating.
For example, today is Mid-Autumn Festival in Asia, and SUI will hold the Sui Builder House gathering in Singapore: it will bring together the global Sui community to share and collaborate on exciting new projects, progress and milestones.
This brings potential and a certain degree of security to the SUI token. As an investor or short-term investor, SUI is a good choice in the short term.
SUI's mid- to long-term performance forecast
SUI is now in an upward phase in the medium and long term. Its current price is $1.0884, which is already in the middle of the rise. It is expected to reach $1.79 in a few months. If my judgment is correct, it may achieve a 64% increase.
Let's take a look at the analysis chart:
SUI short-term trading
Unfortunately, for short-term trading, I can only talk about the recent trend possibilities in this article.
In the next few days, its price may move between 1.0513 and 1.1744. It may fall first and then rise, target may be around 1.1758.
Please do your own research and fine tune the entry and target.
At last, hope my analysis is helpful for your investing and trading.
Happy Trading, see you next time.
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