SUI TOKEN PRICE SPECULATION - page 4.

nimogsm

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Quote from: JeffBrad12 on June 09, 2023, 08:20:55 PM

Quote from: SlimShadyMmp on June 09, 2023, 05:45:36 PM

Public sale participant got over 10X at listing and most investors have removed their initial capital already Everything is profit and the way I see it most people will continue to dump this one except the ecosystem really grow through DEFI and maybe gaming Looking at the ecosystem right seem empty and not that attractive but lets see how ecosystem grow but actually Sui Performance is kinda bad

agreed with this one, they already drained all of the blockchain potential the time they decided to make some massive IEO honestly, the coin that they are allocating for the IEO themselves was so much already.
the main reason it could get this far is because the hype that was present mainly because of arbitrum or any past blockchain that has made some fuss/
right now every platform in sui trying to get that piece of cake making some IDO, yet many of them are just failing, and the ecosystem is just disappointing honestly.

I agree with you now I don’t see interesting projects with a fresh sui solution. Now it reminds me more of the boom of 2017 when there were many different ICOs on Ethereum and almost all projects collected the funds they needed but in the end did not give the finished product to investors . Now everything is happening exactly according to the same scheme.

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Quote from: SlimShadyMmp on June 09, 2023, 05:45:36 PM

Public sale participant got over 10X at listing and most investors have removed their initial capital already Everything is profit and the way I see it most people will continue to dump this one except the ecosystem really grow through DEFI and maybe gaming Looking at the ecosystem right seem empty and not that attractive but lets see how ecosystem grow but actually Sui Performance is kinda bad

agreed with this one, they already drained all of the blockchain potential the time they decided to make some massive IEO honestly, the coin that they are allocating for the IEO themselves was so much already.
the main reason it could get this far is because the hype that was present mainly because of arbitrum or any past blockchain that has made some fuss/
right now every platform in sui trying to get that piece of cake making some IDO, yet many of them are just failing, and the ecosystem is just disappointing honestly.

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Public sale participant got over 10X at listing and most investors have removed their initial capital already Everything is profit and the way I see it most people will continue to dump this one except the ecosystem really grow through DEFI and maybe gaming Looking at the ecosystem right seem empty and not that attractive but lets see how ecosystem grow but actually Sui Performance is kinda bad

Quidat

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Quote from: ZAINmalik75 on June 09, 2023, 02:23:20 PM

Quote from: Gladitorcomeback on April 21, 2023, 03:05:20 AM

Should i sell all token or hold some for better price just like Aptos?

First of all congratulations to be eligible for SUI whitelist as there mostly user were reject as my self too due to late discord joining, according to my personal experience mostly eligible user sell most of Thier token after getting at cheap price before listing , so you should sell your token as soon as possible after listing because due to selling pressure of eligible user mostly price got dump so it will be a best opportunity to sell at top and get profit but if you are really loyal invertor then you should take entry again at lower cheap price after fump by just increase the amount of SUI.

There's always that kind of standard thing that when a new coin is really that being listed would definitely be having those pumps which is more that that they had get on that presale or public sale price on which it would be understandable that the best thing to be done is to sell out on the time it gets listed since the price could really shoot up and as far as i remember on SUI on which it did reach out $4-5 as far as i remember, then to those who had able to bought at 0.1-3 are definitely making some huge profits on which this had been the primary target on investing with this phase.

As for talking about the speculation of its price. I would be sure that it would be able to surpass its ATH easily.If we do look about its main feature which is
on having that peak 300k TPS which is something that first ever who do able to reach out this tps considering that most l1's are sitting on 100k maximum.
https://tokeninsight.com/en/news/sui-testnet-has-100-globally-distributed-validators-peak-throughput-of-nearly-300-000-tps

ZAINmalik75

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Quote from: Gladitorcomeback on April 21, 2023, 03:05:20 AM

Should i sell all token or hold some for better price just like Aptos?

First of all congratulations to be eligible for SUI whitelist as there mostly user were reject as my self too due to late discord joining, according to my personal experience mostly eligible user sell most of Thier token after getting at cheap price before listing , so you should sell your token as soon as possible after listing because due to selling pressure of eligible user mostly price got dump so it will be a best opportunity to sell at top and get profit but if you are really loyal invertor then you should take entry again at lower cheap price after fump by just increase the amount of SUI.

lobo13hf

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Quote from: BaeSuzy on June 04, 2023, 12:37:32 AM

SUI looks pretty similar to ALGO in terms of tokenomics. I've received some during Binance launchpad but I'm not really optimist for the price in the long run.

after all there are so many coins still vested that's gonna be unlocked every months and in the upcoming years, i too don't think it's gonna be prospective investment either, the people that invested early got too low of a price that i don't think it's worth it, but everyone could definitely have different opinion.

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sui just going downhill ever since, moreover, no one seemed to be interested in using their ecosystem, even zksync have more active address than this project which supposedly to be considered successful considering they have raised so much money yet it's most disappointing.

ahoenk

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With 10 billion in total circulation sui price will be very hard to reach $10. To be honest there are a lot of competitor againts it. Let say matic for example. And the game on chain ? It is still far away from the market needs. Also i heard that sui team also got some investment from FTX and the team forced to pay it back. Wont try to fud here.

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Quote from: poodle63 on June 03, 2023, 10:25:30 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.

There are really a lot of fraudulent projects now. But I believe that the time will come when the code will appear and the good ones will be able to influence the situation for the better. I'm watching the suiswap project right now, it looks quite interesting and good compared to other similar projects.

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SUI looks pretty similar to ALGO in terms of tokenomics. I've received some during Binance launchpad but I'm not really optimist for the price in the long run.

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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.

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Even since its blockchain has only been active for 1 month, $Sui is making big news with latest partnership. It is now partners of Formula One's Oracle Red Bull Racing team.

Red Bull Racing will work with Web3 software company Mysten Labs to build on the Sui blockchain. https://invezz.com/news/2023/06/01/sui-signs-multi-year-deal-with-oracle-red-bull-racing/

lobo13hf

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sui is fundamentally different than arbitrum if one would compare, so its value would likely differ, with sui everything is IDO, heck even the project inside sui are all IDO maybe because they see sui gaining massive success in fundraising and then try to get the same fortune and as a result, the ecosystem stuck and now even sui price is stuck, i might be wrong but sui blockchain really wants your money.

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Quote from: riskarcher on May 10, 2023, 06:59:45 PM

Newcomers always spread rumors as etherum killer or solana killer, this is a marketing trick to attract the market. For me, the existence of new coins can be seen how they maintain the community and survive in every inflation that occurs in the world, because cryptocurrency survive because there are whales and communities that maintain the price of the coins they have. Sui expectation for the future is that the price will likely continue to fall considering that the price is still over priced compared to the total supply until the vesting distribution.

that much is true, there's always reason why new smart contract coin always mentioned being the killer of ethereum where they clearly couldn't mainly just to increase fame, to make it as if it's just as good as ethereum where it isn't, coin isn't all about the innovation which often also doesn't really work, it's also the whole ecosystem.
in this case, sui isn't even a competition, moreover i also agree that the value will also plummet over the course of the year vesting will be unlocked since even current circulating supply still really low compared to the total supply basically the future of circulating supply in which gonna massively affect the value that only if the devs fail in growing the ecosystem.

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sui i don't think have any chance of increasing further more than 100% honestly the developer has drained its supporter of money that could be demand in the future by making massive sale, of course most of them has gained their share of profit even turning their $45 to $2000 but then again it's definitely detrimental for future demand of this coin that it hardly goes up again.

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Quote from: JeffBrad12 on May 08, 2023, 07:16:09 PM

Quote from: tvplus006 on May 08, 2023, 10:14:50 AM

Quote from: noormcs5 on May 05, 2023, 11:32:42 AM

Well, I understand that the hype for this token is too much and also the project is very good one but in all this we should not forget about some key things for this token. If you check the coinmarketcap for SUI Token (https://coinmarketcap.com/currencies/sui/), you will see that only 5% of the supply of SUI token is in circulation while 95% of the supply is yet to be released.

With this you can very well, think that there will always be enormous selling pressure as the SUI tokens will keep on unlocking over a period of time.

To be exact the circulating supply is 528,273,718 and the total supply is 10,000,000,000. Do consider this when you plan to invest in this token for long term.

According to the Miles Deutscher tweet: - https://twitter.com/milesdeutscher/status/1653903105883271174, the issue of SUI coins is calculated until 2030. And if the unlocking of coins followed evenly for 7 years, then the pressure of sellers would be evenly distributed over these years. But according to the schedule, most unlock coins will be produced within a year and this is the main problem of the SUI price.

Quote from: tvplus006 on May 08, 2023, 10:14:50 AM

Quote from: noormcs5 on May 05, 2023, 11:32:42 AM

Well, I understand that the hype for this token is too much and also the project is very good one but in all this we should not forget about some key things for this token. If you check the coinmarketcap for SUI Token (https://coinmarketcap.com/currencies/sui/), you will see that only 5% of the supply of SUI token is in circulation while 95% of the supply is yet to be released.

With this you can very well, think that there will always be enormous selling pressure as the SUI tokens will keep on unlocking over a period of time.

To be exact the circulating supply is 528,273,718 and the total supply is 10,000,000,000. Do consider this when you plan to invest in this token for long term.

According to the Miles Deutscher tweet: - https://twitter.com/milesdeutscher/status/1653903105883271174, the issue of SUI coins is calculated until 2030. And if the unlocking of coins followed evenly for 7 years, then the pressure of sellers would be evenly distributed over these years. But according to the schedule, most unlock coins will be produced within a year and this is the main problem of the SUI price.

it might make sense at first when vesting most certainly the selling pressure will be distributed all over the vesting period, basically with the case of sui, until 2030 but the problem is, will the demand still the same? we have already seen so much coin that was valued greatly plummeting over the course of the years, even within cycle of bullish, there is always some of the coin that gets replaced and losing fame, tron and eos now just some random coin even though formerly called ethereum killers. the only way that sui could ever drive the price and that's for sure is using the money that has been gathered by the devs for buy back.

Newcomers always spread rumors as etherum killer or solana killer, this is a marketing trick to attract the market. For me, the existence of new coins can be seen how they maintain the community and survive in every inflation that occurs in the world, because cryptocurrency survive because there are whales and communities that maintain the price of the coins they have. Sui expectation for the future is that the price will likely continue to fall considering that the price is still over priced compared to the total supply until the vesting distribution.

JeffBrad12

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Quote from: tvplus006 on May 08, 2023, 10:14:50 AM

Quote from: noormcs5 on May 05, 2023, 11:32:42 AM

Well, I understand that the hype for this token is too much and also the project is very good one but in all this we should not forget about some key things for this token. If you check the coinmarketcap for SUI Token (https://coinmarketcap.com/currencies/sui/), you will see that only 5% of the supply of SUI token is in circulation while 95% of the supply is yet to be released.

With this you can very well, think that there will always be enormous selling pressure as the SUI tokens will keep on unlocking over a period of time.

To be exact the circulating supply is 528,273,718 and the total supply is 10,000,000,000. Do consider this when you plan to invest in this token for long term.

According to the Miles Deutscher tweet: - https://twitter.com/milesdeutscher/status/1653903105883271174, the issue of SUI coins is calculated until 2030. And if the unlocking of coins followed evenly for 7 years, then the pressure of sellers would be evenly distributed over these years. But according to the schedule, most unlock coins will be produced within a year and this is the main problem of the SUI price.

Quote from: tvplus006 on May 08, 2023, 10:14:50 AM

Quote from: noormcs5 on May 05, 2023, 11:32:42 AM

Well, I understand that the hype for this token is too much and also the project is very good one but in all this we should not forget about some key things for this token. If you check the coinmarketcap for SUI Token (https://coinmarketcap.com/currencies/sui/), you will see that only 5% of the supply of SUI token is in circulation while 95% of the supply is yet to be released.

With this you can very well, think that there will always be enormous selling pressure as the SUI tokens will keep on unlocking over a period of time.

To be exact the circulating supply is 528,273,718 and the total supply is 10,000,000,000. Do consider this when you plan to invest in this token for long term.

According to the Miles Deutscher tweet: - https://twitter.com/milesdeutscher/status/1653903105883271174, the issue of SUI coins is calculated until 2030. And if the unlocking of coins followed evenly for 7 years, then the pressure of sellers would be evenly distributed over these years. But according to the schedule, most unlock coins will be produced within a year and this is the main problem of the SUI price.

it might make sense at first when vesting most certainly the selling pressure will be distributed all over the vesting period, basically with the case of sui, until 2030 but the problem is, will the demand still the same? we have already seen so much coin that was valued greatly plummeting over the course of the years, even within cycle of bullish, there is always some of the coin that gets replaced and losing fame, tron and eos now just some random coin even though formerly called ethereum killers. the only way that sui could ever drive the price and that's for sure is using the money that has been gathered by the devs for buy back.

tvplus006

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Quote from: noormcs5 on May 05, 2023, 11:32:42 AM

Well, I understand that the hype for this token is too much and also the project is very good one but in all this we should not forget about some key things for this token. If you check the coinmarketcap for SUI Token (https://coinmarketcap.com/currencies/sui/), you will see that only 5% of the supply of SUI token is in circulation while 95% of the supply is yet to be released.

With this you can very well, think that there will always be enormous selling pressure as the SUI tokens will keep on unlocking over a period of time.

To be exact the circulating supply is 528,273,718 and the total supply is 10,000,000,000. Do consider this when you plan to invest in this token for long term.

According to the Miles Deutscher tweet: - https://twitter.com/milesdeutscher/status/1653903105883271174, the issue of SUI coins is calculated until 2030. And if the unlocking of coins followed evenly for 7 years, then the pressure of sellers would be evenly distributed over these years. But according to the schedule, most unlock coins will be produced within a year and this is the main problem of the SUI price.

JeffBrad12

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Quote from: noormcs5 on May 05, 2023, 11:32:42 AM

Quote from: UmerIdrees on May 05, 2023, 05:13:07 AM

Quote from: peter0425 on May 03, 2023, 09:22:58 PM

Imagine ? 13 hours ago the All time High recording happened , and just 1 hour after the All time low?

what kind of process from this project it is lol.

Hope that all the supporters of this project got what they deserved , good luck still as it is 64% down from 24 hours period.

When a coin is first launched, you will get this type of volatility and it is normal. Also, you should know that this coin is listed straight on the biggest exchange Binance along with other few exchanges, which shows that it is a good project and your investment in SUI token can pay you off in the long run.

Right now the coin is stable at about 1.25$ price, and it is the best price to get in this coin at the current price. I did not manage to get airdrops for SUI but i will definitely buy some SUI tokens and keep them for the long term.

Well, I understand that the hype for this token is too much and also the project is very good one but in all this we should not forget about some key things for this token. If you check the coinmarketcap for SUI Token (https://coinmarketcap.com/currencies/sui/), you will see that only 5% of the supply of SUI token is in circulation while 95% of the supply is yet to be released.

With this you can very well, think that there will always be enormous selling pressure as the SUI tokens will keep on unlocking over a period of time.

To be exact the circulating supply is 528,273,718 and the total supply is 10,000,000,000. Do consider this when you plan to invest in this token for long term.

that might seems like quite huge red flag for anyone wanna invest in this coin, majority of coin are still vested, only very few released, but honestly we'll observe more the fact that the team behind the sui blockchain have raised so much money and what they gonna be doing with it, and judge the future of the coin from there, if that much supply gonna eventually be bought back some portion of it by the team then that's fine. but if the team is selling their initially allocated for development then i worry the team is too greedy. after all no one knows what's gonna be happening and what decision the team is gonna be making but i'd always stay alert investing in a coin in which circulating supply is still rather low compared with max supply.

nimogsm

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Quote from: Teraboy on May 05, 2023, 07:57:06 PM

i wonder if the vesting decision in containing the massive dumps are right decision after all with the quite fast regeneration of smart contract based blockchain this sui could literally losing momentum, the spotlight changes quite fast, that I think if unlock of vesting happens every month and the money switching over to the newer blockchain maybe it will lose its value instead. the team should work hard in growing the ecosystem.

Now there are more and more projects that will work on this blockchain, and today I see that some of the fundraisers were quite successful. After the 11th, there will be more projects on the network, as there will be a full transition to the main network. I think by the end of this month the ecosystem will grow and we we can see the Sui price increase.

Topic: SUI TOKEN PRICE SPECULATION - page 4. (Read 1043 times)