Witness the historic moment again: Sui is listing USDC!
Let’s stop what we are doing and congratulate Sui for having native USDC.
$Sui has seen an amazing rise recently. In just one month, it has tripled from $0.8 to $2.2!
It seems that everything is going according to the script. Circle, the issuer of the world’s second largest stablecoin $USDC, announced that it would issue USDC stablecoins on the Sui chain.
Immediately afterwards, Coinbase, the largest exchange in the United States, rushed over to support it three times and also wanted to list the coin.
Especially recently, Bybit has been very close to the Sui ecological project. Sui was given away on Launchpool, and ecological tokens $DEEP $NAVX were listed. The director estimates that this will also be listed soon.
Not only that, everyone is shouting that the next step is to list on Bitget, OKX, and Binance.
What is this USDC on the Sui chain? Why is it so popular?
In fact, Sui Chain had USDC before, but it was WUSDC, which was cross-chained from Ethereum. Now there is finally native USDC.
How to exchange it?
It's very simple. Enter their CA on some dex to achieve free exchange with other tokens.
You can exchange the previous WUSDC for the new one to facilitate subsequent trading operations.
Don't underestimate this small stablecoin. It is not "stable" in meaning, and it is even explosive. The liquidity and users it brings are the real driving force of the bull market.
In the future, we can not only avoid the trouble of cross-chain bridges, reduce transaction costs, but also increase the liquidity of the entire chain, and connect to the transaction interfaces of various dApps, so that we can play DeFi, DePIN, chain games, and NFTs one step ahead.
To put it in a meme way, after the local dog on SUI is charged, it will be more convenient to deposit and withdraw fiat currency.
Now the USDC of Sui chain can be used for new listings on Bybit's Launchpool. At present, the annualized staking rate on Cetus is as high as 160%, and there is also an APR of 53% on Scallop. It will be expanded to mining on more exchanges in the future.
Capital is profit-seeking, and Sui's fundamentals are still in an upward channel. It is only a matter of time before it breaks new highs.
Let's wait and see whether it can pry open the real conspiracy group behind it 👀
See what the director found? It turns out that Magic Eden is no longer satisfied with being an NFT platform. Its ambition is to become the next Binance! I already knew Magic Eden had big ambitions, but I didn’t expect them to be this big. Now the director’s pattern needs to be fully opened up, and $ME should be benchmarked against $BNB immediately. $0.3? Too cheap, I hope it can be increased 1000 times 🤭 Especially Magic Eden CEO Jack Lu @0xLeoInRio has been very active recently. He has been giving speeches, opening spaces, promoting big things and small things, and getting very close to the masses. What did he say? The director took a look and summarized it into three points: