$SUI — 7 reasons why this ascending channel will keep going up
1. TVL passed $2B and DEX volume hit $48B – strong DeFi growth 2. New ETF proposal and 21Shares partnership – more institutional interest 3. Mysticeti upgrade dropped finality to 390ms – faster chain 4. ZK Login and Sponsored Transactions – smoother UX 5. Mastercard integration via xPortal – real-world payments now possible 7. Active users and daily txs are both up – network gaining traction
New coins are getting launched, everyday, with the same narratives, but only 2 caught my eyes recently.
Same mission and same vision, @lofitheyeti and @BasedBrett.
A thread🧵
Content: 1. What are they 2. Utilities 3. $LOFI & $BRETT
1. What is Lofi?
Lofi is the avatar of the $SUI chain, trying to build a thriving, forward-thinking ecosystem on the Sui blockchain.
It's not just an "avatar" for a new dawn in finance, but a movement.
What is Brett?
Brett, known as the blue mascot of the blue chain, $BASE.
The legendary character from Matt Furie’s Boys' club comic.
Two mascots, changing the chains they are on and the idea of "memecoins".
2. Utilities
→ Strong Partnerships:
Brett and Lofi have forged strategic partnerships with leading companies in the crypto space, which will help to ensure the projects long-term viability and growth.
→ Growing Ecosystems:
They both want to grow their ecosystem.
Both ecosystems are rapidly expanding, with numerous projects and applications being built on the platforms.
These growing ecosystems provide a strong foundation for their success, as it allows the platforms to leverage the resources and expertise of other projects in the space.
→ Very Strong Community Support:
Lofi and Brett gained significant support from the crypto community, with many prominent figures onboarded.
The strong communities backing provides a solid foundation for the projects growth and success.
3. $BRETT
Launched 3 years ago, BRETT is still making numbers.
And this is not the end.
At 668M marketcap, no doubts that it will go higher.
Same for $LOFI.
The community wants to push harder and harder these "mascots".