Recently, Meme coins on the Sui ($SUI ) chain are gradually rising and becoming an area worth paying attention to. With the rise of the Meme coin craze, Sui's ecosystem has ushered in explosive growth. Here are some points worth paying attention to:
1. **Market performance of SUI tokens**: SUI tokens have risen by more than 10% in the past week, and the coin price has broken through the historical high. This shows that the market's confidence in the Sui project is increasing, and investors are optimistic about Sui's future.
2. **Growth of daily active users**: Daily active users on the Sui chain have soared by 300% in less than a month, which shows that the activity and attractiveness of the Sui ecosystem are rapidly increasing.
3. **Total locked value (TVL)**: The total locked value on the $SUI i chain has also hit a record high. This, coupled with the price increase of SUI tokens, shows that funds are flowing into the Sui ecosystem, providing more liquidity and support for on-chain projects.
4. **Development of Sui Ecosystem**: Sui's ecosystem is developing rapidly, attracting many teams to build projects. Some early high-quality projects have obtained Sui's grant, which are distributed in cross-chain, SocialFi, traffic, DeFi and other tracks.
5. **Sui's Technical Advantages**: Sui has shown great innovation in the construction of code and infrastructure. Sui's technology is impressive. Based on the Move codebase, its main features include potential 100k+ TPS, 0.33 second block production time, parallel processing, optimized storage model, etc.
6. **Market Heat**: The heat of $SUI is rising, and its influence on social media is also increasing. This shows that Sui is gaining more attention, which is very beneficial for promoting the development of its ecosystem and attracting more users and developers.
In summary, Meme coins on the Sui chain and the entire ecosystem have shown positive signs of growth and deserve the attention of investors and cryptocurrency enthusiasts. However, it should be noted that despite Sui's strong growth momentum, there is still uncertainty in the market and investors should be cautious and conduct sufficient research when making investment decisions.