🤔Everyone is wondering in their hearts, can this SUI coin soar to the sky, how high can it rise? Come on, let me analyze the investment research report of SUI and the tricks behind it, maybe it can bring you some new ideas.
🌟SUI, it is a rising star in the Web3 world, using the underlying language Move, which is different from many public chains on the market, such as ETH, and takes a unique route. The total amount of this coin is 10 billion, and only 26.8% is currently in circulation on the market, which means that there are still more than 7 billion that have not been released! 😮 Even though it has not been fully circulated, the market value has soared to 17 billion, almost catching up with the level of the world's top 500 companies! 💪
👏The team behind it is quite awesome, it is the Libra team of Facebook. Back then, Facebook wanted to develop the Libra stablecoin, but the Americans did not approve it, so these people started a new business and created SUI. The financing ability is also first-class. It is incubated by Binance itself, and the world's top venture capital institutions are pouring money into it! 💰
📈 Let's talk about the buying and selling points that everyone is most concerned about. From the monthly chart, if the price pulls back to the third bottom, you can consider entering the market. 0.48 upwards, it is estimated that it can reach the range of 0.5 to 0.8. As for whether it can set a new high and exceed the previous 2.189, it depends on how the institutions and project parties put the more than 7 billion coins in their hands. The market pressure is not small! 😓 The cost of market makers is about 0.6. How much they want to make, the coin can rise as much as they want.
😌 But we have to be sober, don't always think about a tenfold or a hundredfold surge, that era is over. In the past, the market was small and it was easy to speculate to the sky; now the capital pool is deep, people will run away after making a little profit, and they won't fight so hard.
😅 Some novice friends may not have experienced the madness of the bull market. You can go and see the trend of AXS. When the bull market comes, retail investors can all make a lot of money. But in the current market, it is good for the new currency to rise by 10%.
🚀I came back from the blockchain conference in Japan and South Korea. I also found that the SUI market is developing rapidly, so we ambushed in advance. We started to lay out around 0.5. Although the position was not heavy at the beginning, it was gradually increased later. Some students started at 0.Entered the venue at around 74.
