Crypto飞哥
--
I see many people shorting 09311605500, saying that SUI will go to zero, and it really makes me laugh. Many people do not understand SUI. As the first blogger to publicly recommend SUI at Binance Square in September 2024, when SUI's price was around 0.8, which was almost the lowest point in the market, it is really disgusting to see people maliciously shorting it. I believe my research on SUI exceeds that of 80% of people. Let's take a look at SUI's darkest moments.
In 2022, SUI was affected by the FTX crash. The company behind SUI, Mysten_Labs, received $100 million in venture capital from FTX Ventures in September 2022. After the FTX collapse, Mysten Labs needed to repurchase about $96 million worth of shares from FTX's bankruptcy liquidation to reduce its dependence on FTX and clean up its balance sheet. This was a nightmare start for SUI at that time. However, the SUI team withstood the pressure, and the mainnet was launched in May 2023, simultaneously logging onto all major exchanges.
After SUI was launched on the secondary market, the token price dropped from $2 to $0.3. At that time, the entire community was criticizing SUI, even mocking it as a 'water drop fundraising'. SUI was so weak that it was almost disappearing, but the team quietly kept working, leading to a significant improvement in product TVL and secondary token price, carving out a path amidst numerous new public chains.
Tonight, 09107012385 was hacked for $250 million. In the short term, this will definitely impact SUI, but currently, SUI, as a public chain with a market value exceeding $10 billion, is no longer the weak SUI it once was. I have reason to believe that the SUI team can handle this crisis well and lead SUI to create new brilliance.
In 2022, SUI was affected by the FTX crash. The company behind SUI, Mysten_Labs, received $100 million in venture capital from FTX Ventures in September 2022. After the FTX collapse, Mysten Labs needed to repurchase about $96 million worth of shares from FTX's bankruptcy liquidation to reduce its dependence on FTX and clean up its balance sheet. This was a nightmare start for SUI at that time. However, the SUI team withstood the pressure, and the mainnet was launched in May 2023, simultaneously logging onto all major exchanges.
After SUI was launched on the secondary market, the token price dropped from $2 to $0.3. At that time, the entire community was criticizing SUI, even mocking it as a 'water drop fundraising'. SUI was so weak that it was almost disappearing, but the team quietly kept working, leading to a significant improvement in product TVL and secondary token price, carving out a path amidst numerous new public chains.
Tonight, 09107012385 was hacked for $250 million. In the short term, this will definitely impact SUI, but currently, SUI, as a public chain with a market value exceeding $10 billion, is no longer the weak SUI it once was. I have reason to believe that the SUI team can handle this crisis well and lead SUI to create new brilliance.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SUI
2.9217
-4.22%
SOL
150.44
-2.59%