A Review of the Darkest Moments of $SUI:

1. The impact of the FTX incident back in the day: The company behind $SUI, Mysten_Labs, received a $100 million venture capital investment from FTX Ventures in September 2022. After the collapse of FTX, Mysten Labs had to buy back approximately $96 million worth of shares from FTX's bankruptcy liquidation to reduce its reliance on FTX and clean up its balance sheet;

The team withstood the pressure, and the $Sui mainnet went live in May 2023 (about six months after FTX's collapse);

After the $sui token generation event, it faced consistent FUD in the secondary market, crashing from $2 to $0.3. Even in the face of widespread skepticism, $sui has become the best investment project after $btc in terms of infrastructure, products, TVL, and secondary market price;

At that time, $sui was so weak that it was about to fade away. To endure such pressure shows a strong heart; $sui is the true builder that the crypto space needs!

2. The $Cetus hacking incident, which involved $250 million, certainly had an impact. However, the system and infrastructure of $sui, as well as its foundation, are not comparable to what they were back then. The $sui + $cetus foundation still has funds, and I believe the $sui foundation can extend a helping hand to get through this tough time! #币安LaunchpoolHUMA #比特币突破11万美元