I'm bold in predicting the price of SUI! It may reach the top in the short term, but in the long term, its potential should not be underestimated!
Recently, Sui has been extremely popular, with good things happening one after another. First, Grayscale said that big guys can buy Sui through trust funds, and then Sui made its own handheld game console. Even the world's second largest stablecoin issuer announced that it would issue USDC on the Sui chain, and it also made a big move with Apt called Move, which was very busy.
These good things directly pushed the price of Sui to the sky. But now, Sui has soared to its historical high, and it may end in the short term, because those guys who make money in the short term have begun to withdraw.
However, when it comes to the long term, I am still very optimistic about Sui. Do you want to know if it is possible for it to become the second Solana? Don't rush to refute, just listen to me. I know that SUI is quite controversial in our country, and many people question it. But in the eyes of foreigners, SUI is a hot commodity, and the views of Asia and Europe on it are completely different. Do you remember that SOL also became popular in the UK at the beginning? First it was called the ETH killer, and then it went up all the way with the capital push.
Look at this month, Sui's price has been rising, but the trading volume has not increased much, which shows that it is not driven by hype, but it is really good. With such a rise, even if it falls back, it will only hover at a high level and will not fall back to the bottom all of a sudden.
Also, Sui is now the second largest public chain in the United States. In the US crypto market, Sol is the representative of the Rust language, and Sui is the representative of the Move language. A year ago, Sol released a mobile phone, and the price directly doubled five times. A month ago, Sui also released a game handheld, and now it has only doubled, which is a restrained increase.
The most important thing is that when Sui was listed on Binance, the highest price was only $2. It is not like other tokens that have already risen in the last bull market. I really can't imagine, if Sui also explodes, what will the price be? $20? Or $100? If SUI really reaches this price in a few years, do you think what I said at the time was quite accurate?
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