Last night I bought back $sui again. I feel like the Sui ecosystem is slowly picking up, and suddenly there was a surge, so I decided to try my luck and keep it going.
A few months ago, I staked the $sui I had in HAEDAL, and my holdings increased. During the TGE, I also received an airdrop of $headal, which was quite nice. Haedal is a liquid staking protocol based on Sui, and at that time, the staked $haSUI could also be further staked in other protocols, but I forgot, so I missed out on some earnings.
In addition to being a liquid staking protocol, Haedal also has an automated market maker called HMM, which mainly generates profits for haSUI. This is why the staked haSUI increases; all of this profit belongs entirely to Haedal.
After $headal was listed on Binance, the price remained relatively stable, and the impact of the theft incident wasn't particularly large. The current circulating market cap is only 30 million, with a total market cap of 150 million, which isn't high.
Recently, Binance has had launch pools, holder airdrops, and alpha airdrops. Generally speaking, when there is spot trading, it's usually a good time to buy when it goes live on alpha. Aside from farming, trading is also something to consider, coming from a newly minted trader who just bought the dip on $huma and is feeling elated.