In the past few days, $SUI has appeared in hot searches again. It seems that the brothers saw the market drop and their first reaction was to search for whether SUI has a pullback to buy a ticket.

But actually, I want to say that if you have already missed it, just hold the mindset of having missed it, there's no need to keep staring at SUI. Even from the bottom, it has risen quite a bit. Because from the fundamentals to the market cap structure, I think now $SEI is quite good.

First, let's look at the data:

The circulating market cap of SUI has reached 12.2 billion USD, and the circulating supply is only 35%. This means that the unlocking pressure in the future is still on its way.

In comparison, SEI's circulating market cap is only 1.9 billion USD, and its circulating supply has exceeded 60%. A lighter market cap + less unlocking pressure means it will be easier to be driven by the main players in the future.

Next, let's look at the positioning:

SUI is a high-performance general-purpose chain with low latency and high throughput. In the early stages, it relied on large-scale main players to drive the narrative, but now it has entered the 'ecological self-development stage', relying more on the ecology itself to grow.

SEI is a specialized Layer 1 based on Cosmos, focusing on being 'trade-friendly', with an emphasis on the exchange of gaming assets, NFTs, and social assets. The narrative is narrower, but because it is narrow, it is easier for the market to understand and speculate.

Finally, let's think from another perspective:

If I were a main player and have already made enough money on SUI, I would be more likely to take this part of the chips and profits to push another round on SEI. Because for a market cap of 12.2 billion, to double or even multiply several times, the capital efficiency is too low; but for a market cap of 1.9 billion, a slight push would yield completely different results.

If you missed SUI, just let it go, don't keep thinking about getting back in. Maybe the next stage that can spark imagination is already on SEI.

Because I feel that SUI has already passed the main player-driven stage and entered a period of natural calm development!