Since its listing in May 2023, the price of $SUI has fallen for 6 consecutive months.
Few people will notice that the flow of funds into SUI
SUI's TVL has grown 10x since early August ($12 million to $120 million). But the price has not doubled from the bottom.
SUI is investing a lot of money to create incentive programs to encourage more users to flood into the ecosystem = it is expected that there will be a very large user breakthrough in the next 2-3 months. SUI price explosion is inevitable in the future. Refer to the previous apt at the beginning of the year.
At the same time, the ecological incentive program has not paid out tokens yet.
The high APY farming program has been out for almost two weeks, resulting in many tokens being locked into the protocol. I don’t know when the bookmaker will actually light the fire.
