Sui

$SUI

Narrative in Crypto Projects are massively important for their success and Sui has it.

Sui is referred as the Solona Killer. Yet to be proven though, Sui claim that can do 297.000 TPS (transactions per second). That's fast! Theoretically Sui is not a blockchain but a DAG. DAG can scale horizontally and transactions can be executed in parallel rather than a blockchain, that is linear.

Two major concerns for me are:

  • 94% of their tokens are locked. That could be a bad thing if the tokens are unlocked very fast. If the unlock is fast everyone wants to sell off and take profit, putting pressure in the price and the project is over.

  • The vesting schedule indicates that the 3rd of November will be a massive unlock. That could be good or bad depending on trading, but an important date for those who have tokens.

There was no first airdrop but theSUI ecosystem can bring rewards to those who interact with it (dApps, wallets, etc). More time-consuming than costly ($). Show Less

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2024 Cyrator - Verified Crypto Intel

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