Sui, Arbitrum, optimism I guess you guys are fimilar with there 3 altcoins, which are less then 1year old, launched in 2023. When i track their performance i feel wonder cause they are owning layer-two blockchain and their growth speed is very higher then others good Altcoins. I found these altcoins Valuable for holding. What is your opinion about these altcoins? Are you holding any of these or have any plan to buy?
I remember how this 3 project were launched back then and I have good feelings about them but some parameters change my opinion about them. I will start with each of them:
SUI: I started following this project immediately after Aptos was launched but because things got delayed due to FTX collapse, they slow down since they were among the largest venture capitals that invested on them but out of no where, the team returned back FTX investment that was worth about $100m and then took back their coin and went mainnet and conducted IEO on different exchange but they didn't do on Binance, that's another thing that raised my doubt, and also the launch was really rushed even the network throughput is lower compared to the testnet and now it's stuck in the monthly token dump of investors, hopefully they lock token of public sale get unlock quickly to avoid these usual dump.
Arbirtrum: a good layer two, very fast and trusted but it use Weth as gas fees instead of its own token and I asked so many questions why create a token when it's not a the product of the project but the answer I get is that it's a foundation growth and development of the ecosystem. If you observed Arb token, traders don't trade them despite how the platform is growing with total lock up values. You shouldn't expect much from Arb token.
Optimism: Another coin that is not too different from Arbirtrum but because of the Zk rollup hype is still new to the crypto so people are using it to hype the project, it's a good project to looking into this year.