$SUI is a good area to be included in the watch list!
L1, raised $350 million. A16z, Jump, Binance Labs…
The B round of financing is about $300 million, priced at $0.50. The current price is only about 2 times higher than the B series price, so it is safe to buy
Team $SUI has paid all tokens to ICO participants
TVL is $608 million, which has increased by more than 10 times compared with September 2023
On-chain data such as the number of transactions or the number of daily active wallets on $SUI are still growing in a long-term trend.
Comparatively complete systems such as Cetus Protocol and Navi Protocol have appeared on the $SUI system…
The smart money that bought $SUI for a long time is still accumulating fairly steadily, and most retail has sold when it received ICO in the past year
Whales still receive goods regularly + retail has almost no purchasing power. The pressure of releasing ICO every month has also disappeared. The current position is quite good, you can enter because the price is near the whale collection position