大傻驰
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📉 A few days ago, the counterfeit market fell sharply, but SUI remained as strong as ever, and $BLUE also hit a golden pit, with very good odds!
History does not simply repeat itself but often rhymes. The phenomenon of 'public chains exploding, and DEXs following suit' occurred with SOL and JUP, and based on this logic, is it reasonable for Bluefin, which accounts for over 50% of the trading volume in the Sui ecosystem, to have a market value of 20 million?
🎈 Let's do some calculations, comparing the Sui ecosystem to the Solana ecosystem.
1. Solana Ecosystem
SOL Market Value: Approximately 100 billion
JUP Market Value: Approximately 2.4 billion, JUP/SOL = 2.4%
2. Sui Ecosystem
SUI Market Value: Approximately 10.8 billion
BLUE Market Value: Approximately 20 million, BLUE/SUI = 0.18%
Based on data from December last year, Bluefin's monthly trading volume is about 1/5 of Jupiter's, so the reasonable market value of BLUE should be 2.4% * 1/5 * 108 = 51.84 million, which is about 2.5 times the current market value.
But don't forget, Bluefin is still iterating, and Bluefin Pro will be released in Q1 of this year. At that time, if Bluefin's monthly trading volume aligns with Jupiter's, BLUE's market value is expected to reach 2.4% * 108 = 260 million, which is about 13 times the current market value.
Grabbing #blue is like grabbing the next JUP.
History does not simply repeat itself but often rhymes. The phenomenon of 'public chains exploding, and DEXs following suit' occurred with SOL and JUP, and based on this logic, is it reasonable for Bluefin, which accounts for over 50% of the trading volume in the Sui ecosystem, to have a market value of 20 million?
🎈 Let's do some calculations, comparing the Sui ecosystem to the Solana ecosystem.
1. Solana Ecosystem
SOL Market Value: Approximately 100 billion
JUP Market Value: Approximately 2.4 billion, JUP/SOL = 2.4%
2. Sui Ecosystem
SUI Market Value: Approximately 10.8 billion
BLUE Market Value: Approximately 20 million, BLUE/SUI = 0.18%
Based on data from December last year, Bluefin's monthly trading volume is about 1/5 of Jupiter's, so the reasonable market value of BLUE should be 2.4% * 1/5 * 108 = 51.84 million, which is about 2.5 times the current market value.
But don't forget, Bluefin is still iterating, and Bluefin Pro will be released in Q1 of this year. At that time, if Bluefin's monthly trading volume aligns with Jupiter's, BLUE's market value is expected to reach 2.4% * 108 = 260 million, which is about 13 times the current market value.
Grabbing #blue is like grabbing the next JUP.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.