After checking CoinMarketCap, I noticed it's pumped quite a bit and has strong volume. Now, I’m curious to hear what the experts think about this coin. Is it worth diving into now, or should we avoid it because the price surge is just hype? I’d appreciate any informative comments about SUI, as I’m still learning but interested in knowing more.
I'm not the right person to say you should jump into $SUI or you should stay away from it, what I do know is that $SUI is an L-1 that has a serious project behind it, they want to be a challenger to the another mainstream L-1 projects. Some of the new things coming to the $SUI network are:
1. $USDC is already available on the $SUI network, which strengthens the project in terms of protecting its users from a lack of liquidity.
2. The current meme trend happening on the $SUI network.
It's up to you whether you want to jump in or not, but one thing is for sure, don't shy away from projects that are developing and have good intentions, cause you can get financial benefits from there.