RECRD

$SUI on fire! 🔥 +60% in the past 7 days — impressive right?! 🚀

We all love green candles, but hey frens, don’t let FOMO lead the way blindly. History's full of “buy high, cry later” moments. 😅 So before jumping in with both feet, let’s slow down and check a few things.

Sure, SUI’s price is pumping and stats like TVL, revenue, and daily active users (DAU) are showing some green too — but let’s peel back the hype.

👉 TVL? Yeah it’s up… but remember, TVL can go up just because the price of locked tokens went up. Doesn’t always mean “more people are using the chain.” 📈💸

👉 DAU? About 2 million daily users, which is decent — same level they had late 2024. But what caught our eye is that over 80% of that activity comes from just one app — RECRD. Hmm 🤔

So what’s RECRD? 🥴🎯It’s a SocialFi platform aiming to revolutionize short-form video using #Web3 tech. Think video NFTs + decentralized ad rev sharing for creators. Sounds cool, right? But also sounds kinda like the stuff we already got excited about years ago — #NFT hype, Web3 buzzwords and all that jazz.

Here’s the kicker 👉 According to Artemis, RECRD only pulled in $100K in the last 30 days. Compare that to other hot Dapps like Pump.fun or PHOTON doing around $4M/month, and you get the picture. 📉

Not saying SUI can’t grow — there’s potential for sure. But just a reminder: hype ≠ sustainability. 🚨 DYOR always, don’t get played by flashy numbers. Up is good, but smart is better. 😎#SUI  #CryptoHype   #RECRD