$SUI I bought some NS on SUI, similar to Ethereum's ENS. In June, the community passed a buyback and burn proposal, with a total circulating market value of less than 80 million and a circulating market value of only over 20 million. Binance Alpha has also listed it.
Is the reason $SUI can't go up because the car is too heavy?
Binance News
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Sui Futures Open Interest Approaches $1.2 Billion Historical High
According to Foresight News, based on Glassnode data, the open interest in Sui futures remains near a historical high of approximately $1.2 billion. Sui has become the sixth largest cryptocurrency by open interest in futures contracts.
Opening the top twenty cryptocurrencies by market cap, you will find that only SHIB and AVAX have risen weakly like $SUI , unable to effectively break through the May high. Last time when SUI broke through 4U, the price of $CETUS was above 0.2.
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During this time, $SUI has really been disappointing; it's not even comparable to Er Bing. Even the increase isn't as good as something like $WLD .
Robbers are always robbers. These 60,000 bitcoins are the money that Qian Zhimin obtained after the financial explosion in China and then fled abroad, where he was captured in the UK.
Binance News
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UK plans to sell seized Bitcoin assets to fill fiscal gap
According to Wushuo, UK Chancellor of the Exchequer Rachel Reeves is considering selling Bitcoin assets seized by police to address public finances. These assets are estimated to be worth over £5 billion, partly derived from the 61,000 Bitcoins seized in 2018, which have increased in value approximately 20-fold. The Home Office is promoting the establishment of a "Crypto Asset Custody and Disposal Framework" to centrally manage and sell these assets. The project has been invited to tender, with a maximum commission of £40 million.
Just a little waterfall came shortly after $HAEDAL was just sent
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Poor $CETUS , after being hacked and losing 60 million U two months ago, has once again topped the 24-hour earnings list of the ecological project $SUI . Although a full compensation of 60 million U was made, last time when Sui broke 4 U, the price exceeded 0.2, but now it can't even break 0.13. On the contrary, the token with average economics and earnings, $HAEDAL , is experiencing a fierce surge. This project isn't even the first in its main business of liquid staking on the Sui chain; its only advantage is a low market cap. However, as the staked tokens from the issuance period gradually unlock and with lending projects having sufficient borrowable tokens, those chasing high prices for Haedal should be cautious.
Poor $CETUS , after being hacked and losing 60 million U two months ago, has once again topped the 24-hour earnings list of the ecological project $SUI . Although a full compensation of 60 million U was made, last time when Sui broke 4 U, the price exceeded 0.2, but now it can't even break 0.13. On the contrary, the token with average economics and earnings, $HAEDAL , is experiencing a fierce surge. This project isn't even the first in its main business of liquid staking on the Sui chain; its only advantage is a low market cap. However, as the staked tokens from the issuance period gradually unlock and with lending projects having sufficient borrowable tokens, those chasing high prices for Haedal should be cautious.
Brother Feng's latest video features a person in the cryptocurrency world who lost 3 million, experienced family breakdowns, sold his sister's house, mortgaged his own house, and borrowed money from online loans and friends and family. Don't follow his example.
I saw that many orders shared by the eagle have made hundreds of thousands of U, and I thought he had already reached A9, but it turns out he is still half a step away. It seems that A9 is really difficult.