$SUI SUI's next unlocking schedule is November 3, 2024, with 81.91M coins unlocked and then every month there will be more than 80M coins unlocked until the end of 2030. Is that enough to see how terrible the inflation is?
Source: cryptorank.io/price/sui/vesting
And history proves that when SUI is above $2, the participants who are divided the amount of unlocked coins will sell mercilessly, because only this uptrend is an opportunity to sell. After selling almost all the coins, they let the price fall freely.
Looking at the chart, you can see that SUI is being sold continuously at the $2.06xx price range after being sold heavily at the $2.2275 price range. After recovering above $2, the chart shows 2 consecutive price ranges that are being sold off strongly. With this strong selling pressure, the next point will be the price zone of $1.9668 and $1.7433
Never believe the FOMO-generating articles on news sites about SUI going to surge to $4, $10 or even $100. Look at the issuance, the figures on the trading chart to see the internal trading strategies of the entities that are being divided the free coins. The figures on the SUI chain are all managed by themselves and those figures are not trustworthy.
$SUI Now expose this coin so that you guys who are fomo are angry and want to play. Look at the chart below, as soon as it was listed on the exchange, it was immediately sold off strongly. Just listed and sold off so strongly, you know who sold it, guys. After the sell-off period, probably all the unlocked amount according to the first agreement is gone, the selling force gradually weakened, then there was a chance to recover (this is recovery compared to the listed price, not increase). And then it was dumped again strongly. I guarantee that many of you who chased this coin were divided into 5 accounts. After cutting losses and running away, it was pumped back up (the current price is only the recovery price compared to the listed price)
And I guarantee you. Anyone chasing this price will have their account divided into 5 times. The next unlocking period will witness the sell-off and it has already started. How it started I will analyze in the next article
SUI's next unlock schedule is 11/3/2024, there will be 81.91M coins unlocked and then every 1 month there will be more than 80M coins unlocked until the end of 2030. Enough to see how terrible the inflation is? source: cryptorank.io/price/sui/vesting
$SUI Ho Ho. The price action of a typical pump and dump shitcoin. Increases a few percent and then posts a shoutout of $10, $100. Internal strength and trends always show conflicts about insider trading.
Without achieving any success, the internal side has shown trends of liquidation and profit-taking by stock dumping strategies.
As noisy as ADA is now, it is only gasping for breath at 0.3xx, so this type of Blockchain is just a phenomenon of polishing to pump and dump to deceive coin players.
$SUI This forum is being manipulated by SUI insiders for FOMO. Looking at the order book and monitoring the trading actions, we can see that the short selling volume is happening strongly.
Forecasting that the BTC warehouse will have a correction phase, SUI will witness serious sell-off actions.
$XRP Still a sensational rumor-making article to pump and dump. With the strategy of buying news and selling rumors, XRP always finds a way to release timely rumors to pump and then dump strongly.
$SUI It is really incomprehensible that these types of coins can still lure traders into following the same pump and dump scenario. On the Binance platform, there have been so many similar types that have caused many investors to divide their assets 3, 4 or even 5 times, such as: WLD coin pumped $12 and dumped it hard to $1.3. Before that, Doge coin pumped up to 0.22 and dumped it hard to 0.08.
There is a lot of evidence that this type of project is dumping hundreds of millions of coins but still denies it. Is such behavior still reputable enough to continue to exist and build a community or is it just a story of building a project, polishing and pumping and dumping to make a profit?
I really advise you to stay away from this type of project. If you have to lose money, choose BTC to invest and accept the risk. Be a smart investor.
$SUI It is really incomprehensible that these types of coins can still lure traders into following the same pump and dump scenario. On the Binance platform, there have been so many similar types that have caused many investors to divide their assets 3, 4 or even 5 times, such as: WLD coin pumped $12 and dumped it hard to $1.3. Before that, Doge coin pumped up to 0.22 and dumped it hard to 0.08.
There is a lot of evidence that this type of project is dumping hundreds of millions of coins but still denies it. Is such behavior still reputable enough to continue to exist and build a community or is it just a story of building a project, polishing and pumping and dumping to make a profit.
I really advise you to stay away from this type of project. If you have to lose money, choose BTC to invest and accept the risk. Be a smart investor.
$SUI There is only one outcome for Sui: Sell off to anyone who buys without understanding anything about this ghost project. This blockchain is worthless.