SUI TOKEN PRICE SPECULATION | Bitcointalksearch.org

JeffBrad12

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Quote from: Boomber on June 30, 2023, 04:44:42 PM

Quote from: poodle63 on June 03, 2023, 09:25:30 PM

More tokens gets unlocked everything and the price goes even dipper than before. I will not be surprised to see how people are massively selling their stacks ( me too).

There are still a very long way to go. With 10 billions supply and then current price doesn't even make sense. Arb is far better than it consider arb was able getting huge TVL compared with sui. SUi ecosystem has too many scam projects.

every month there will be token that are unlocked and that will definitely have a bad impact on the price of SUI, unless SUI has a good news and the crypto market increases, then of course it will make SUI price increase too, but I personally believe that SUI it will definitely increase again in the near future (at least SUI reaches its ATH price), therefore I will start doing DCA SUI every month (when the token is unlocked and SUI price dump), because I believe that in the long term I will definitely get profit from investing in SUI.

there are many rumours revolving around from mysten labs twitter that there will be some airdrops of sui for some bullshark NFT holders which I don't know whether its gonna
be true or not but most certainly they gonna gets some early contributor allocation getting distributed across them.
and there are some other airdrops as well, considering the fact that with vested alone already bring the price falling quite significantly.
I just think that in the future, there will be massive price fall down honestly.

WalkerIVIV

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Quote from: Boomber on June 30, 2023, 04:44:42 PM

Quote from: poodle63 on June 03, 2023, 09:25:30 PM

More tokens gets unlocked everything and the price goes even dipper than before. I will not be surprised to see how people are massively selling their stacks ( me too).

There are still a very long way to go. With 10 billions supply and then current price doesn't even make sense. Arb is far better than it consider arb was able getting huge TVL compared with sui. SUi ecosystem has too many scam projects.

every month there will be token that are unlocked and that will definitely have a bad impact on the price of SUI, unless SUI has a good news and the crypto market increases, then of course it will make SUI price increase too, but I personally believe that SUI it will definitely increase again in the near future (at least SUI reaches its ATH price), therefore I will start doing DCA SUI every month (when the token is unlocked and SUI price dump), because I believe that in the long term I will definitely get profit from investing in SUI.

I think anyone that planning to invest in SUI know fully that there are so many token still vested.
basically they've considered this, what makes sui have lower and lower value nowadays is the fact that their ecosystem growing very slowly.

Boomber

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Quote from: poodle63 on June 03, 2023, 09:25:30 PM

More tokens gets unlocked everything and the price goes even dipper than before. I will not be surprised to see how people are massively selling their stacks ( me too).

There are still a very long way to go. With 10 billions supply and then current price doesn't even make sense. Arb is far better than it consider arb was able getting huge TVL compared with sui. SUi ecosystem has too many scam projects.

every month there will be token that are unlocked and that will definitely have a bad impact on the price of SUI, unless SUI has a good news and the crypto market increases, then of course it will make SUI price increase too, but I personally believe that SUI it will definitely increase again in the near future (at least SUI reaches its ATH price), therefore I will start doing DCA SUI every month (when the token is unlocked and SUI price dump), because I believe that in the long term I will definitely get profit from investing in SUI.

tokeweed

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Quote from: makishart on June 28, 2023, 11:08:21 AM

Quote from: tokeweed on June 28, 2023, 08:27:21 AM

Hey guys... I'm hearing some words swirling around that SUI's devs are staking locked tokens that aren't in circulation and they're dumping the emissions in Binance..? Dunno if true and not sure if there's a way to confirm it unless you're good at onchain analysis or something. So if you're good at onchain stuff, please look into it.

But then again it could just be FUD. I guess we'll just have to wait and see if more info about it comes out.

Did you mean this? https://twitter.com/DefiSquared/status/1673572324145078273

I don't even think if it's FUD. I will not even think if any bad opinions from others were FUD. He was mentioning some important points. We have experienced so many times big companies gone bankrupt due to the shady behavior from the internal team of company itself. It's even possible to happen with SUI foundation. Even some people have replied that if they have confirmed it.

He has been doing all of good onchain analysis to the SUI.

Yup! That's the one. I saw it getting mentioned in Discord but I never really bothered to ask the source or if the info is even real or just the usual FUD that goes around if there's a new project.

Anyway, let's say all that info is real.. Here's a question to think about. Would all that still be happening if the devs just went on and gone for the airdrop instead of the presale gimmick?

But yeah... It's no surprise. Arbitrum's dev team did some shenanigans too right after their airdrop. Lol.

JeffBrad12

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Quote from: tokeweed on June 28, 2023, 08:27:21 AM

Hey guys... I'm hearing some words swirling around that SUI's devs are staking locked tokens that aren't in circulation and they're dumping the emissions in Binance..? Dunno if true and not sure if there's a way to confirm it unless you're good at onchain analysis or something. So if you're good at onchain stuff, please look into it.

But then again it could just be FUD. I guess we'll just have to wait and see if more info about it comes out.

yes that was really should be of concern to anyone that invested in sui, though people that invested early have no choice but wait until their vested token fully unlocked but
it just adds redflag to anyone willing to bag this coin, it seemed the team just really are trying to get as much money as they can.
i personally would just ditch this coin and choose another, we're not lacking any coins out there.
heck even arbitrum also have some shady allocation which fortunately prevented through consensus.

makishart

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Quote from: tokeweed on June 28, 2023, 08:27:21 AM

Hey guys... I'm hearing some words swirling around that SUI's devs are staking locked tokens that aren't in circulation and they're dumping the emissions in Binance..? Dunno if true and not sure if there's a way to confirm it unless you're good at onchain analysis or something. So if you're good at onchain stuff, please look into it.

But then again it could just be FUD. I guess we'll just have to wait and see if more info about it comes out.

Did you mean this? https://twitter.com/DefiSquared/status/1673572324145078273

I don't even think if it's FUD. I will not even think if any bad opinions from others were FUD. He was mentioning some important points. We have experienced so many times big companies gone bankrupt due to the shady behavior from the internal team of company itself. It's even possible to happen with SUI foundation. Even some people have replied that if they have confirmed it.

He has been doing all of good onchain analysis to the SUI.

Doan9269

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Quote from: Bitstar_coin on June 24, 2023, 02:28:14 PM

I think it is somewhat easy to speculate what the price of sui will be in near future base on what is happening now in the ecosystem. Unlike Arbitrum Arb that is very strong and resilient in price, same can not be said with sui.

Since there are many of the altcoins one can put into consideration for an investment after going through their market survey with thorough speculations to know their potentials for possible investments, same also you will have to keep on with new discovery of some digital coins that you aren't familiar about, we may not be able to have adequate and constructive comparisons for them all because they all appear.

Quote from: Bitstar_coin on June 24, 2023, 02:28:14 PM

The hype for sui has already died down, most of the projects in the ecosystem are either fake or scam, the no airdrop but allow list strategy didn't help them much with a strong community support, all they have left are VCs who eagerly waiting to dump their bags after each vesting period. The situation is very tough for this project.

There will soon be a time where we will still experience hype with sui or any other coin as long as hey are still existing, try all possible efforts to ensure that we have stayed far away from any project we are not too convinced about, scam is fast increasing with the introduction of new coins.

tokeweed

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Hey guys... I'm hearing some words swirling around that SUI's devs are staking locked tokens that aren't in circulation and they're dumping the emissions in Binance..? Dunno if true and not sure if there's a way to confirm it unless you're good at onchain analysis or something. So if you're good at onchain stuff, please look into it.

But then again it could just be FUD. I guess we'll just have to wait and see if more info about it comes out.

savetheFORUM

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Quote from: lobo13hf on June 22, 2023, 06:32:19 PM

i agreed with many that stated this coin getting abandoned by the investors, their ecosystem is just that boring and bad I think thats why many don't see any characteristics that is unique from these coins and instead, just abandon it altogether.

Lol really? It's kinda funny on how is everyone so excited and bullish about the coin before and then we will only end up on this situation one day. It shows that people really don't have a contentment or maybe they only lack of patience because what if the coin is only taking a quick rest from its strong entry and it does not mean that it is now dying.

If in case their sentiments are true that this coin is nothing but only the same to those ordinary coins then I guess it's safe to abandon it as early as possible and move again to coin with a better potential. Not necessarily a new coin but an old coin will be better for them to have a contentment.

dansus021

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SUI Daily timeframe is pretty much still new coin and according to the coingecko all-time low is at 0.55 with an open candle on binance is 0.1 meaning is x5 from the initial price and now trading at ~ 0.7 x7 from initial price
if bearish continue maybe we can see sui price at 0.55 again but We do need lot of data since the coin is pretty much a baby

WalkerIVIV

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Quote from: CapGelatik on June 25, 2023, 07:35:48 AM

The pattern from SUI has already formed a Rising Wedge, if you ask for speculation on the price of SUI,
of course SUI can make a correction before experiencing another pump,
it's better to wait for SUI to be below $0.7 if you want to be safe, and make sure you also do a stop loss.

true it seems sui just gonna go below $0.7 at this time, there are so many reasons why sui could be going below that and unlocked vesting is one of them.
always better wait until it hits rock bottom.

nimogsm

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Quote from: CapGelatik on June 25, 2023, 07:35:48 AM

The pattern from SUI has already formed a Rising Wedge, if you ask for speculation on the price of SUI,
of course SUI can make a correction before experiencing another pump,
it's better to wait for SUI to be below $0.7 if you want to be safe, and make sure you also do a stop loss.

stop losses are the first thing to do with this coin. At the moment, most of the projects on this blockchain are very weak and investors are not happy even if you look at the volumes on the exchanges, they are very small and less and less every day. Sui urgently needs to do something, because by the end of the year they will definitely forget about him if everything continues the same way.

CapGelatik

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The pattern from SUI has already formed a Rising Wedge, if you ask for speculation on the price of SUI,
of course SUI can make a correction before experiencing another pump,
it's better to wait for SUI to be below $0.7 if you want to be safe, and make sure you also do a stop loss.

JeffBrad12

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Quote from: Bitstar_coin on June 24, 2023, 02:28:14 PM

I think it is somewhat easy to speculate what the price of sui will be in near future base on what is happening now in the ecosystem. Unlike Arbitrum Arb that is very strong and resilient in price, same can not be said with sui.
The hype for sui has already died down, most of the projects in the ecosystem are either fake or scam, the no airdrop but allow list strategy didn't help them much with a strong community support, all they have left are VCs who eagerly waiting to dump their bags after each vesting period. The situation is very tough for this project.

that's true, there is just coins waiting to be unlocked, doesn't really seem like interesting idea investing in this coin right now.
even most of the projects in there are short lived, they didn't really meet up with their expectation honestly.
everytime there is some new projects appearing in sui i just don't really have any high expectation knowing that usually they'd just pump a little and then go down significantly.
moreover the fact that those big investors holding big amount of allocation doesn't help either.

Bitstar_coin

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I think it is somewhat easy to speculate what the price of sui will be in near future base on what is happening now in the ecosystem. Unlike Arbitrum Arb that is very strong and resilient in price, same can not be said with sui.
The hype for sui has already died down, most of the projects in the ecosystem are either fake or scam, the no airdrop but allow list strategy didn't help them much with a strong community support, all they have left are VCs who eagerly waiting to dump their bags after each vesting period. The situation is very tough for this project.

globalpain

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Quote from: TastyChillySauce00 on June 24, 2023, 11:41:37 AM

Quote from: Inspiron14 on June 23, 2023, 10:33:42 PM

Quote from: TastyChillySauce00 on June 23, 2023, 12:02:43 PM

More coins to be unlocked every months. The ecosystem is not even showing good growth. There have been bunch of scammers were only fooling people through created fake projcts in sui ecosystem.

People are tired to use this ecosystem. They were not even dealing with all of projects built in sui again.

Yes, this is the concern because more and more scammers and fake projects,
with things like that of course people are tired and that's a natural thing I think,
we'll see in the future whether the ecosystem can get better.

Only time can answer that. So many scammers were making various project. It's started with suiswap. I remember the developers if this garbage project was also running another project in aptos blockchain.

Im very disappointed to see that L1 blockchain has no interestest by legit developers these days.

Time will pass quickly in the world of crypto currency, especially during the bearish season, so stay calm,
all altcoins will show their identity, such as SUI, if SUI does not progress in a few months we must be cautious,
because many altcoins in the early stages experience this. and end up a scam.

TastyChillySauce00

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Quote from: Inspiron14 on June 23, 2023, 10:33:42 PM

Quote from: TastyChillySauce00 on June 23, 2023, 12:02:43 PM

More coins to be unlocked every months. The ecosystem is not even showing good growth. There have been bunch of scammers were only fooling people through created fake projcts in sui ecosystem.

People are tired to use this ecosystem. They were not even dealing with all of projects built in sui again.

Yes, this is the concern because more and more scammers and fake projects,
with things like that of course people are tired and that's a natural thing I think,
we'll see in the future whether the ecosystem can get better.

Only time can answer that. So many scammers were making various project. It's started with suiswap. I remember the developers if this garbage project was also running another project in aptos blockchain.

Im very disappointed to see that L1 blockchain has no interestest by legit developers these days.

irsykes

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Quote from: shinratensei_ on June 23, 2023, 06:31:54 PM

Quote from: irsykes on June 23, 2023, 11:41:27 AM

it seems that it will be difficult to grow, unless there is a miracle that will come. maybe only the bullrun season will be the strength that will look significant but there is still a long way to go for that season to come. after a while, if there is no project development, there will definitely be no enthusiasts from the ecosystem.

there are indeed some development in the ecosystem but its just that so many of these projects are also releasing coins and they also have ido.
basically you are presented with ieo from the blockchain itself that is sui team and then got presented with another form of investment again within the ecosystem which the investment doesn't necessarily turns out to be good.
i guess its just how these project works in this sui ecosystem.
but i suppose their growth is just really slow ones compared with its competition like arbitrum and the likes honestly.

there is no mistake if there is no modification of the project concept of the ecosystem it will be slower in terms of usability and community, investors will have less confidence in the life span of the project, the development of the crypto project ecosystem changes very quickly over time because of the hype. ahead of the bitcoin halving which will not be long in the next year there will already be a lot of this extraordinary project becoming a business competition.

Psynthax

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Quote from: Smitty Werben Man Jensen on June 24, 2023, 05:58:11 AM

SUI could return to $ 0.58 again and make a double bottom pattern,
of course if you want to buy SUI don't be in a hurry even though the bitcoin price reaches $ 30k.
SUI is indeed a good project but it is still in its early stages so don't invest too much in SUI,
before buy maybe you first analyze the price and make sure to accumulate it.

i think it's in early stage yet still doesn't show that it's really at early stage, after all if you've seen the chart, this coin always getting down.
that I doubt it could go past its early stage unscathed without losing any value, because honestly I think investing in sui right now might be really bad idea honestly.

Smitty Werben Man Jensen

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Quote from: irsykes on June 23, 2023, 11:41:27 AM

Quote from: JeffBrad12 on June 22, 2023, 06:05:50 PM

Quote from: irsykes on June 22, 2023, 03:12:30 PM

get big funding from investors or more from the results of the ARBITRUM project, but the better the ARBITRUM ecosystem. I don't know the SUI team's next plan if it doesn't want to be a wasted project or will lose investors massively. Maintaining the formality of the project must be maintained in order to attract and long-term SUI project viability, seems difficult

i think just like many have stated, doesn't matter what sui team gonna be doing in the future its the same, its just gonna lost its value overtime because the demand isn't there.
we all know how eager the sui team in getting all those presale money that it quite literally drained their platform of the potential money to get invested into their ecosystem.
therefore the blockchain right now hardly grows, the incentive in developing is too low, moreover i guess people are tired of new blockchain
but with same dapps all over again.

it seems that it will be difficult to grow, unless there is a miracle that will come. maybe only the bullrun season will be the strength that will look significant but there is still a long way to go for that season to come. after a while, if there is no project development, there will definitely be no enthusiasts from the ecosystem.

SUI could return to $ 0.58 again and make a double bottom pattern,
of course if you want to buy SUI don't be in a hurry even though the bitcoin price reaches $ 30k.
SUI is indeed a good project but it is still in its early stages so don't invest too much in SUI,
before buy maybe you first analyze the price and make sure to accumulate it.

Topic: SUI TOKEN PRICE SPECULATION (Read 1107 times)