$SUI The SUI ecosystem is pumping with full force as all projects on hst Sui launched very high apr reward pools yesterday such as cetus, suilend, sca, move. These pools take 2 weeks to farm. Looking at this action, we can know the intention of Sui's MM, who wants to control a large number of SUIs on the market. This has two purposes.
1. Create a large TVL for SUI and dapps in the ecosystem. Currently SUI is in the top 5 coins with the largest TVL on the market. This high index proves community trust in the big project >> Sui will have something to show off and celebrate at the Sui Basecamp event - the 1st anniversary of Sui mainnet taking place on April 10
2. If you lock more SUI, the market supply becomes scarcer and the price will move up before the Basecamp event, making the whole community happy. I think to create a new ATH SUI before this event. And importantly, controlling a large amount of supply helps Sui's MM easily pump prices before the big unlock on May 3.
You guys are holding sui at this stage, so be sure. At least through the Basecamp event on April 10.
Regarding the price of $Sui, I estimate it to be about 2.3-2.5 ahead of Basecamp. What are your views? Join me in commenting and waiting for Sui's results!
