Caution on the Excess Supply Release of SUI! 🚨
🔹 The supply of SUI is increasing! A large amount of SUI is being released into the market next month, which could cause volatility in the crypto market.
🔹 Why be cautious?
Supply Pressure: Excess supply can put pressure on the market, potentially leading to price declines.
Pump and Dump Schemes: The risk of pump and dump increases with excess supply, where prices rise initially and then suddenly drop.
Market Instability: A large influx of supply can cause fluctuations in cryptocurrency prices, impacting investments.
🔹 How to be cautious?
Do Your Own Research (DYOR): Conduct thorough research before investing in any cryptocurrency.
Monitor New Incoming Coins: Keep an eye on every new coin in the market, especially when the supply is increasing.
Analyze Price Volatility: Invest by understanding price fluctuations.
🔹 Summary: If you are considering investing in SUI or any other cryptocurrency, make decisions carefully while keeping the effects of excess supply in mind. Be aware that unexpected changes in price may occur.
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