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Sui token will be launch on 24 April 2023. Three big exchanges Okx, Kucoin and Bybit are doing IEO on their launchpad with the price of 0.03 Allowlist price and 0.1$ Public price. The total supply of the tokens will be 10 billion. 50% will be used for Exchange launchpad and other purpose while 50% will be reserved by Sui Foundation for future. Token will be used for gas fee just like Aptos and Dao purpose.



Remember that only whitelisted users can buy at the price of 0.03$ per token. These are the loyal community who joined discord before 1 Feb. 96k people will be given allocation of 1500 token(45$) each. I am lucky to eligible for this whitelist sale.

What will be opening price and price where it will be stable. what should be entry price if whitelisted users dump it in first hours? Is it worth to invest in this coin?

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

Congratulations to you mate. I've been very busy lately that I am not able to track these big projects that are expected to release their tokens.

$0.03 is indeed a very cheap price although it is limited. At $0.1 per token, it gives Sui a valuation of $1 billion in market cap which is just right. I am not sure about its short-time growth though since it would've been easier for the token to pump if the public sale is below $1 billion. Long term though or let's say next year and 2025 where people are expecting a bull run, $0.2 is very doable.

If I were given the chance to buy cheap, I will probably dump half of it at $0.01 or above. I will then observe the market and do some buybacks when it's priced below $0.01, maybe a $0.05 to $0.08 ratio.

So no airdrop for SUI mate?

After the Aptos project was listed I had heard this SUI project. I remember that there were those who made testnet experiments, they said from the very beginning that this would not happen in order to receive an airdrop. They have almost agreed with good exchanges for the sale, I guess the price will be at least 10x maybe more. Whether it is priced later, like Aptos, depends on market conditions.

I am also whitelisted.  If you are asking about price prediction, you have to check the below details.


SUI WL price: 0.01*1500 = 45$ (Guaranteed)
If you compare FDV values, you can go to this possible value(45$*300).

Many participants in the testnet experiment expected to be eligible to receive the airdrop but they were unlucky because the team announced there was no airdrop, I reviewed that many participants were very disappointed because they did not meet their expectations of getting the airdrop. But the SUI project is very trending in the discussion of the crypto community and there is trading support from a large number of them so there is a potential that the SUI coin will reach high prices.

I think the FTX issue affected SUI foundation greatly and they are now looking for ways to balance the damage, I don't feel the hype around $SUI tokens is huge as $APtos when compared you compare the two tokens, everything being equal I expect the Marketcap to be around $1 billion because this is the value most of these new blockchain tokens are valued presently and I expect it to see initial pump around this level, I would have said it would go higher but Binance is excluded from the IEO so the big pump won't happen IMO

The initial pump will solely depend on the hype in the community about the token and if the news about its launch spreads pretty well, there might be buying pressure in that case which will surely make the price pump initially, but if there is not much hype and buying pressure after the public listing, there might not be much growth.

Long-term growth will totally depend on the developments and the success of the protocol and how widely it's used, if the protocol becomes famous and is used by many projects as their home, the price of the token might increase in the future.

Only a few out of their many community members will have the chance in the allowlist, the rest of the community members are not very happy with this discussion. The node runners and the testnet testers are not happy, they expect an airdrop from sui for their months of support to the network but that is not going to happen, so yeah, I also don't expect to see too much hype but you know crypto is full of surprises.

IMO, the price will be around $ 1, actually the information surrounding the current SUI makes me quite optimistic that the purchasers will be happy after the project does not have an airdrop plan for the community. Anyway, this is probably a consolation for the community to some extent, although the number of participants is also very large, I see the price of the project compared to APTOS a similar project.

This is an interesting topic for discussion. Sui is now being actively discussed and I think at the start of trading we will see a good price jump, since there will not be so many tokens in the hands of users, and the second factor, as far as I understand, the exchanges will issue a deposit in stages and not the entire amount at once, which will cause a stir. I think it's quite possible to see $1 per sui when the exchange goes live.

There are only 170millions coins in circulating this month. It will be so easy to reach 10 USD. Anyone who have been investing $45 may able to get very big return. SUI is getting hyped now. I think that if sui will able to get binance listing and it will be helping to boost the price of coins to the moon. My prediction was $10

Token sale during a bear market is extremely bad, with Sui Network I believe it will not be a good start for them after the sale.
And there was also issue from them about a lot of people expecting airdrop, we still don't know if it will happen as they already conducted their token sale.

I don't think so. Bitcoin was going from 16k to the 27.5k. It was a good sign for a project so start their sale. I just saw that if massive ban happened with so many bots who got allowlist. The main points are if sui backed by some big VCs like binance labs and coinbase ventures. This is making the project has ability to perform so well even during the bearish market.


That problem already passed. SUI developer didn't even care about that. All of public sales already over subscribed at this moment.

There are many strategies when investing. High marketcap projects are generally safer but will have less upside than microcaps. Some people like to watch new listings on coingecko and invest in those before they are popular. The problem is that 90% or so of altcoin projects fail or the developers exit scam, especially in a bear market so you need to be really careful which investments you choose. One thing that I do is that I invest in a handful of projects that I believe in long term and I don't trade them. I have sell targets set and when the next bull market comes I will take a portion of those long term investments and sell them. I will never sell all of my crypto because with technology, the sky is the limit. My long term bags are XRP, IOTA, HBAR, 0xMR, UTNP.

Another thing you can do if you don't have a lot of funds is complete bounty tasks on Zealy io or apply for airdrops. Q Blockchain has been paying out Q rewards weekly and there are other bounties on Zealy like Shardeum, Mantle, zkSYNC, STARKnet, Lamina1, Layer0 and more. These are the next wave of blockchians and they are waiting for the next bull market before listing on exchanges. You can get them for free before they are traded. A lot of people got rich with UNI, APTOS, and ARB airdrops so don't miss out on this free money.

SUI should be avoided due to the fact that they said they would give 6% of the supply to the community and turned around and announced that they would sell it all in the ICO and people supporting the network and using the testnet would get nothing.

None of this is financial advice, it's just what I do personally.

Possible to pump at first few minutes of trading and followed by dumpers for taking profit, $1 - $5 value is very possible in SUI but wait for any pullback before buying, I personally disappointed in SUI for not allocating portions of supply to early testers as already said before by devs, but still hoping, who knows.

I wasn't lucky enough to get the mail, I can't say am not a bit hurt knowing that could be a possible x20 or more that am missing out on but it is what it is.
As for the price speculation, I have seen some price predictions on Twitter but my guess is around $2, the majority of the sui community is not happy with their decision so am not expecting a huge pump. But you never know, crypto is full of surprises.

Its starting price is low but 1 dollar is not impossible because of the hype that surrounds the coin. Purchasers will be more happy if there is an airdrop because it gives them extra profit. An airdrop was like an incentive for showing an early support for the project.

Having an airdrop can as well dump the price of the coin as some airdrop hunters are going to dump their coins after getting it but investors should not worry as long as they believe that what they invested in is a good project because it will surely recover and still have a bright future ahead. A dump in price is normal so project owners must not worry but they can use other tokens to reward their community. That should save their own token from crashing.

When it comes to listing then it would really be that mostly the case on which the price would make out some correction because there would really be sell off into those people who had bought on presale or private or
whatsoever on which it would be that understandable that they would really be that prioritizing on selling out on securing their profits which is a common approach. If you have bought on cheap price then setting up some
TP on higher price is considerable.Also, whether you would be leaving for some moon bag or not or you would really be snipping out with those ups and down.

For price predictions then no one really knows on what it would be. Just to tell you that im an airdrop participant for this one but it do ends up that we wont really be recieving something.
I dont know on why SUI project didnt really consider out on giving out at least some little allocation for those who had helped out when it comes to marketing and exposure?
Sorry not to whine off but i cant really deny that this project is really something that good. I dont know on how their NFT would be ending up
its one of their features too.

The decision already final. There will be no reward for early testers. Even the validators were getting 200 sui for each waves that already done. that being said that if sui team wanna try to keep the circulation as low as possible.
I see no chance for people to get sui for free. They need to pay some money to get it. The hype is big but i don't know what will be actual price when it hits exchange site.

Yes but this is crypto full of surprises as said by most members here but what if they airdrop a portion after tokensale? We cant deny that airdrop is a big factor why most projects succeeded thus create a solid community of supporters, if sui will totally refuse then they will only have less community compared to other projects like Aptos, Arb, Optimism etc.

I do not know if the Sui token has been launched on any of the three exchanges yet, I heard about it before through Telegram channels, but I could not purchase it because it requires some conditions, especially account verification.

But everyone should pay attention, because I read in Telegram that advertisements have begun to spread about the presence of the Sui airdrop on Binance, but of course this is not true because the subscription has not been included in it yet.

There are also fake Sui contracts and advertisements for buying it directly on PancakeSwap, all of which are contracts for Scam tokens.

scammers have stepped up in recent days. I see a lot of token sale announcements on twitter and they all lead to fake exchanges.The excitement is now very strong,I think until May 3 it will continue. Trading is promised immediately after the distribution,it is already very interesting for me to look at the result and what the price of the token will be on the first day of trading.

I think the price will be the same as aptos. because I see these two projects have the same characteristics. So for those who are getting WL, I think it's very beneficial. 10$ for the initial open market price is a very reasonable price. or even more than that if the market situation supports it.

But despite the speculation about SUI's price, I'm a bit disappointed that the project doesn't pay tribute to their community. unlike other big projects like aptos or arbitrum which provide airdrops for those who contribute.

This is the way I see the market now, all these guys coming from the Tradfi background are just here to suck as much money from the space as possible and they are being enabled by exchanges plus all these greedy influentials, APTOS ecosystem is more or less dead, this is a project people are expecting to dethrone Solana, Solana did better than this even with all the setbacks like the FTX scandal it is still trying to find its feet. I know this space is funny people always follow after the next shiny thing so don't rule out euphoria around $SUI token, most airdrop farmers get disappointed they did not get free tokens so the community is more or less dead to me because after token release they will move to the next chain with possible airdrops

It is very hard to detects what would be the future of that project because currently many altcoin really launching due to what is around the corner, but if i must tell you the truth why not channel the efforts in buy bitcoin and hold than going into a project that has no future or that even promised you heaven on earth. But using such amount to buy that token should be in way you aren't expecting much from the project but let it be a spare money that you attached no much value to it.

I see people selling their OTC whitelist on bybit, okx with 1500 SUI for about $1000 - 1200 , so some people really believe it will get close to $1 on listing. Indeed, I also believe that the price of SUI will increase sharply at the beginning, and I think it will be much FOMO in the near future, they really have potential. Comparing a bit of a product similar to APTOS, it wouldn't be surprising if SUI can reach that value.

The distribution and trading of SUI tokens are delayed from April 24 until the beginning of next month. You may check this on each of the exchanges that offers SUI token sale.
Many believe that SUI will eventually achieve a price of $1 USD, however I personally find this difficult because, although having a strong ecosystem, SUI's ecosistem is still in the pre-mainnet phase.

Lucky to those people got whitelisted and be able to purchase the SUI tokens for a cheap price and the sad news that early supporters for testnet participants got no airdrop from it. Despite all that the hype is still there for SUI, so it will still be successful once listed on exchange and it will have a price listing for at least 0.5 $ in my opinion.

they have already lost part of the audience here, you are absolutely right, but like any other project, they first of all need investors and that nothing would affect the future price. I think even some of those who are not happy that they did not receive a reward for the test will still buy tokens on the day of trading, because they understand that the project has potential and do not want to miss out on profits.

I already abandon this one. FOMO is big but that will be just only for short term. Aptos has big FOMO but its ecosystem were trash. it's full with bunch of scammers. I saw sui had similar pattern. The price may be less compared with aptos. People participated in the sale to get instant profit from the market. I may not try to buy sui once it will be starting to be traded on exchange site very soon. I think that there will be so many problems to happen when the launch of mainnet by sui.

It is obvious mate and we have seen tons of like this before and only noob that will become a victim in this .
I remember that APTOS because many of my friend are still crying now of their experiences and stupidity .

Stay away or else become another loser, never mind that what they called timing because the main thing here is that it is for negative purpose.

I see no reason to not to participate in ieo, sui blockchain has lot of hype, it's hype that matters. I expect starting price to be greater than ieo price, and whenever bulls arrive I see it around $1.


Sell half, ride the rest.

Easy money for them. They were luckily being able to buy the coin at the bottom price. It's just the matter of time until the price will be sky rocketing and bunch of people will be farming money from there.
I hold myself for this. SUI seems got big hype at this moment but it looks like that the ecosystem is not as good as another native blockchain. This coin reminds me with aptos like other member said above.

I think the price of SUI when listed on the exchange will be over $1. Let's say we assume the market cap price of Aptos since both projects have similar operating models. Given the current market cap of APT, due to different tokenomics, I will take the fully diluted value of APT ($12 billion) divided by the total supply of SUI (10 billion), and the SUI price will be 1, 2 USD. Thus, at least x12 times for public sale buyers and x63 times for whitelisted people The profit figure is quite terrible when buying public sales and IDO   :D

what the hell do you talk about? 1 billion seems "right" for you?.Something completely new,that didn't deliver anything so far but tons of mass marketing to lure retailers to bite the bait? This is the proble of crypto. People that believe about money growing in the trees. A company valued in billion is not somethign trivial. But go on and leave Venture capitals get your money

look at the ecosystem SUI,APTOS. it seems less attractive and functions like hype. I think if you have an environmental ecosystem that is different from the others, the community will be very supportive, not just an airdrop. now competing big from other projects and there are still many projects with the same concept. didn't think there would be so many dead or long dormant altcoins on the coinmarketcap list

The News i was waiting from start of the day finally come and Binance exchange finally ready to list Sui token. Yesterday Binance announced SUI token in launchpool where Total 40,000,000 SUI token will be distributed to BNB and Tusd staker. 80%(32 million) will be given to Bnb while 20% to Tusd staker. This is chance for holder of BNB in large amount to get SUI token free.

https://www.binance.com/en/support/announcement/introducing-sui-sui-on-binance-launchpool-farm-sui-by-staking-bnb-and-tusd-f76980d5d5e54d80b1348fd446e8f5d3

According to Binance News the initial circulating supply will be 528 million (5.28%) which is not big and we can expect now a good price. Many dapps, Nfts already launched and now justvwait of Mainnet. The main reason i believe it price will be more than 1$ is because Sui will be used for Fee, liquidity purpose and NFT buying and selling.

Im staking this. 1 BNB will give you 2 sui for 24 hours of farming. It was very small at this moment. There have been some whales who staked thousands of BNB and they got a lot of sui. The price being dominated by the whales. The retail investors with small amounts of money get small chance to get only a few SUI. SUI may be traded around 1 - 2 bucks. Let's see what's gonna happening with sui this time. Im not being so bullish with sui.

Binance launchpool and launchpad is not for us because we cannot get proper allocation with low amount if BNB staking. I used 2-3 times Binance launchpad to get new tokens allocation but did not get any profit yet. Actually when Launchpool or pad news announced by Binance, whale quickly buy Bnb (May be they using bot) and when you buy you will get 8% up from market price. Whales sell bnb before one day and dump bnb to 6%. Now if you hold 1 bnb you will loss 20-25 usdt if you not hold while token you Recieved will be 2-3. I lost two times and now I decided not to take part in any Binance launchpool or Pad.


Sui price at the start can be 1-2 dollers but if they announced something big at the start like Dao voting, High APY reward for staker or Liquidity adding reward then i believe that price can hit 4$.

That's a sense reason. im losing a bit caused by btc dump. The launchpool seems unfair caused by whales will be grabbing more. I saw that some whales who staked more than 1 thousand of BNB got so many sui. Retail investors are always getting shit.

It seems like that if the trade in okx will be starting even earlier compared with another exchange site. Seeing the hype is very big for sui but it's not always meant the price will be so good.

I can't wait it. I have 1500 that needs to be dumped asap after listing. I wonder how much i will receive with my 45 bucks

Price speculation is hard hence it's a new project though it will be a profitable to people who joined the allowlist campaign on bybit and kucoin which really offers cheap prices during that events. I think price might go on $1 listing initial price and it will be a good price to begin with.

The maximum price at the beginning of trading on the Binance and Bybit exchanges was at $2. Everyone who received SUI coins as an airdrop and a Launchpad held on the Binance exchange was able to record a good profit of more than 1000%. But I think there are many who are waiting for a higher SUI price and continue to hold.

price already reach $1.2 and I think it's already such good price point considering the fact that most of the people that got whitelisted especially from discord white listing got it at very cheaper price and they've already made their money back with some additional profits from the first vesting unlocks.

I agree, Launchpool has too many advantages over whales and speculative institutions early on in SUI. There is still a chance that when it will be pumped better than the previous ARB but price sustainability will be difficult, market demand will still be under pressure due to the potential of SUI compared to the value at which it is activated. I guess SUI value will be pumped more than 1.5$

Did many of you invested on this token or is it just there's another airdrop for it? Well, launching price got from $4-$3 and now it's down to $1.

Well, those that have bought it and I don't know how much was it before the launching. It's just so happen that I am seeing people that are happy with the price that it is showing right now.

Those that owns this token and you're about to take profits, you don't get greedy but instead, get profits before it's totally dumped.

I saw the price of SUI on Bybit at launch $1.2 and the highest price was $1.99 but it didn't last long but for those who have bought at the sale price of $0.1 or $0.03 it has been doubled with over 1000% increase.

The current price may be stable at $ 1.2 but will likely increase again in the next few months, we can't know what will happen, for those who have sold it is clear they have taken quite a profit but what is still holding me back I believe they want a lower price even higher.

$0.03 is the ICO price and lucky to those who get qualified because they made an easy profit already even if the price of SUI drops to $1. I see a big future for this project, once the hunters already sold their holdings I’m sure SUI will be on a better place. There’s no legit information about the airdrop though it is still possible to have one, I missed a lot of project already including this one, too bad if you are not that active.

everyone that got whitelisted from discord got massive returns already with current price, I think it's already good enough, but considering the buy demands still strong with this coin I think it could eventually rise in the future, but remember that the public sale have their vested coin so eventually every month there will be waves of selling.

it's gonna be long until all the public sale token drained after all it's vested, the fact that it didn't get massive dumping at initial listing could be caused by the fact that large portion of the token is vested to mitigate it, but if future sui didn't get as much buy demand as it is right now, i doubt it could even hold its value.

Recorded ATH 13 hours ago , up to 4 dollars from the lowest of 1 dollar?

but what is interesting here is that the time frame in which the ATL and ATH recording

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.

That information, I believe, was obtained from Coinmarketcap. However, if you look at the original SUI chart on the Binance and Kucoin exchanges, the ATH SUI is $2 & $2.1 USD and the lowest price is $0.1 USD, But in general, traders can transact (sell/buy) at a price range of $1 - $1.5 USD.

You would really expect that there would really be such flash pump and crash on the time a certain project would get get listed.It is really just that surprising that SUI did get multiple listing on exchangers
on which this does shows on having having huge demand. pumping in about $5 (4.5 exactly) which it isnt really that a bad ROI. I did see on OKX it does have $0.03 price on each and $0.1
and if we do really look on how much those presalers do able to get then it is really still a good catch or profits to have even on just selling a a buck. How much more into those
who had bought so cheap per coin?

in span of 1 hour or even on just few minutes, those prices wont really be last long.It would be a battle of those presalers who would really be selling out their tokens as on the time that it would
get listed. Congrats to those who do able to get in and this project do really looks more promising and i might really be considering on making buybacks.

Its normal in the first few seconds of listing most likely happened in Binance price pump in a few seconds and then dump you cant even chase that price at the top only bots manage to sell if they are positioned to sell at $4 but if only theres enough liquidity, price is too volatile when launch if you want to buy wait for perfect moment after all dumpers sold.

Its not easy get waiting list ticket for participating in SUI pre sale with price $0.03, we need joined with Discord group from SUI project before February and not all participants filled form get allowed with waiting list. But most profitable for the lucky member get waiting list and capital $45 became $2,000 without one week by participating in SUI pre sale.

Not only for pre sale participant but also for public sale participants with price $0.1 earned higher profit with SUI price reached $2 although right now dropped to $1,4. Have disadvantage for public sale participating because their coins allocated earn 7% every months and hope keep stable above $1 if want earn consistency profit although have return back with their capital $1,000.

Yes, and it turned out to be a rather noisy event, I participated in the auction for the first minutes, it was interesting, I managed to make + 30% to the deposit, since I managed to buy at a price drawdown. And I did not participate in the whitelist because it was not possible, but I know people who are very pleased with the result.

I am sure if the price of SUI will continue to down (but not below $1), because people who participate in WL get a big profit (with a capital of $45, they get 1500 SUI) and of course it will make a lot of people who participate in WL will take profits, but I'm sure that in the near future the price of SUI will increase again, because in my opinion SUI is a popular and good project at the moment, so I will invest in SUI and hold until the price of SUI reaches my desired target ($3-$5).

it seems so, the developer of this project also have really good buyback power considering the fact that they created series of sale instead of airdrops, i would be more confused if they never make some buyback.
regardless though, I think sui with its good quality will easily rise above current value.

Good for those that have bought when it's priced in centavos. For sure, that many of them took their profits and never looked back.

We will never know about the future of this project. But those that have managed to profit from this project will just jump off to another launching project soon and they'll multiply that profit they've made.

If it's about reinvesting on this project, it's most likely that many of them won't anymore.

that's actually pretty normal for a coin that just got listed, hitting ath and atl within short amount of time because initially everyone always put high buy order and then immediately after that everyone else is dumping the coin to oblivion.

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.

The Ledger team very quickly developed an application that allows you to add a SUI coin to ledger, which allows you to connect Sui Wallet via Ledger. "This article describes how to create your first Sui account with your Ledger device" - https://support.ledger.com/hc/en-us/articles/10136570195101?support=true.

the coin doesn't seem to have much market movement compared with something like arbitrum but it's still really profitable for those that bought the coin at presale with $0.03 price in which gonna be massive turning $45 into $2000 within just few days.
but I wonder if the devs actually commited in increasing the value of their coin, monthly vesting unlock still there, if the devs didn't buy back maybe it will further decrease in value.

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.

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.

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.

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.

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.

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.

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/

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.

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.

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.

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.

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.

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.

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

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.

It's normal that many holders have thrown away SUI, because we know for ourselves that airdroppers get very large airdrops from SUI,
even getting $ 1000 on SUI, moreover SUI has a large supply as well, so it's very reasonable if the dump price is in this short term.

SUI is basically a protocol where developers and firms will create their own dApps utilizing their tools and stuff, so I believe its success will depend on what kind of projects will be created on top of it, if some apps created using SUI get significant success, I'm sure SUI token will do pretty well after that just like ETH which started growing when good projects started building on Ethereum network.

In my opinion, SUI has got the potential to gain good value over time because their tools and features are good and a lot of developers will choose them for their dApps and they even fund new projects that has got potential for success and this will surely bring more projects towards the protocol.

Those users that received airdrop tokens contribute to the early stage of the SUI development. They spent money on transaction fee to use dapps and other features inside SUI ecosystem. That airdrop is just part of the money returned to the testers that spend their time and money to try the blockchain.

Sui has a lot of liquidity coming from investors both private and VC. I doubt that those airdrop token is sufficient to dump the price to lowest since many new traders will be happy to buy this token at cheap price while the supply is still below 1B.

I recieved airdrop of 1509 token and thanks God that i sold all at the price of 1.15$.  The opening price of sui token was around 2$ in Okx exchange but with the listing in Kucoin and Bybit its down to 1.2$. Its is because most of airdrop allocation was given in Bybit while Kucoin has private sale users. Now price dumped down 2x and i think it's not bad to buy some for long time. i made some small profit in day trading in SUI but i didn't want to take risk in this market.

its now losing its value so hard, the effect of the lawsuit wasn't that massive for other coin but it seems it's massive for sui, maybe becaucse the holders are already eager to liquidate their investment and move on, as simple as that, because they just don't see this coin gonna climb up back up ever again, since the price already going up quite high since IEO.

Most people have bought on 0.3 dollars so today their are making over x20 profit, that's a lot of money for those who bought them

SUI to the ground. Only a few of vesting token already unlocked. There will be another major dump to come soon. There are still so many vesting coin in the three exchange sites.
People gonna sell their sui immediately after they received their unlocked coin. This coin rekt.

something I will be disappointed in sui projects more and more. Today, one of the projects went public and did - 10x I understand that the situation on the market is not the best, but it's just a fiasco. Does anyone have a positive experience with sui based projects?

the presale participants are definitely really lucky that they could flip their money almost instantly, and turn it into thousands of dollars, but considering even the coin getting vested this coin seemed plummeting.
only those that got their coin fully unlocked get the full advantage i think.

It is very head scratching for me when much of the people begin being very bearish on a project, it signals the bottom then the project's token starts to pump hehe. This might be another similar occurence with Sui.

I am not quite certain what is happening in the project, however, it appears that the project's development is doing okay. Coorect me if I am wrong because I only checked their social media accounts for this.

In any case, I speculate Sui token will be one of the biggest pumps if the revelation of the Hinman documents brings optimism to the market.

I have seen some communities complaining about SUI's price drop, and FOMO about the young community being unconvinced, personally seeing that a new crypto like SUI is in the position it is now. a great thing. Perhaps looking at the current situation it can be difficult to meet many people's wishes about the pump, but it has its own support community furthermore SUI's MM will know the right way to pull its price to attract many People. I think the future SUI will receive more attention, perhaps there will be some FOMO in the ecosystem for people to pay attention and use and accumulate more SUI.

but they are vested though, for many that are eligible to participate in their fundraising through the means of IEO
have their coins vested for quite long enough. I think we still don't see whether it's gonna be profitable but surely the initial rise of price already give them back the capitals they invested.

Remember and see! SUI has a total supply of 10 billion and currently the supply circulation is still very small,
so a reasonable price is $ 1 to $ 0.5, but if circulation increases, SUI will obviously dump far deeper than now, even below $ 0.1,
so be careful if you want to buy SUI.

First of all, i am not defending Sui or telling it's a good buy. Imho 100 validators is not enough, but referring to total supply without telling the issuance rate is quite misleading. In most cases it takes ages to reach theoretical max supply. People seem to be fixated on bitcoin level of scarcity without realizing that it wouldn't necessarily serve a purpose in other kind of coins

What comes to the price. I wouldn't touch it. But right now i wouldn't touch to almost any altcoin. Except i am DCA:ing some eth as i believe i would regret not getting in now.

How many years sui could reach its total supply ? And how much the burn rate they have ? I am not starting DCA before whole developer coin are unlocked. Or venture capital coin are unlocked too. It is still too risky to invest in it when venture capital still holding a bunch of it, nor conaidering there are a lot of compatitor on L1 blockchain like SEI,avax,solana, Ethereum, etc.

well at the very least all the vested from presale are gonna be unlocked within 1 year, so you could guess rougly the circulating supply in just 1 year.
even right now the value is down so bad that I don't think it's good investment regardless the fact that many have made good profit at presale.

many are complaining because it didn't meet their expectation, they are believeing that sui will be more than arbitrum since sui raised some massive funds added with the presale that they have which further add
more money that the devs could take advantage of but alas it's just really underwhelming honestly, even many are so disappointed.
moreover the ecosystem isn't growing that well, rather it could be said to be relatively slow compared with arbitrum ecosystem growth after the airdrops.
maybe people just got too much high of an expectation.

sometimes the massive airdrops that caused many to have some really huge reward is a massive turn off for anyone that thinking of investing after listing.
thats why sometimes the demand just isn't there and the aftermath for sure is value decrease.

so many projects in sui are just becoming valueless, the most recent ones is suiswap, it was expected to have massive valuation but turns out it's not that massive.
I don't know why but it seems many of sui project are just money oriented, they prefer people to pay for their token instead of airdropping unlike arbitrum but thats fine i guess.

suiswap is a big disappointment for many, including me. I thought that the price would start from 0.02 dollars, but on the exchange they launched trading at 0.002, which caused everyone a lot of questions, respectively, you can now forget about their distribution, since there will be several tens of dollars for several months of work.

The parent coin will always become the best coin to be owned but the token that launched on its ecosystem was pure garabge. it's unlike the token that launched in arbitrum, optimism or even another potential blockchain.
Sui has so many scam projects that were building on it. The price of sui will be going down even deeper.

I would say be careful of SUI if you've already bought it at $1, because we know SUI is a new project,
and we haven't seen what development they've done, and certainly how they work.
If you see the price of SUI at $0.6 or $0.7 it is not a bottom in my opinion,
because a bottom will occur when the SUI supply goes up maybe to 70% or 90% and we will see the real price for SUI.

after SUI mainnet many people think that the ecosystem will be difficult to progress or less interested in many people, because there are many deficiencies from certain factors. The price of the SUI coin, which continues to decline, makes investors panic, they sell faster, do not hold long term, many think that the SUI coin might be able to achieve a dip of 0.1 $. moreover crypto is currently having less good news of the SEC drama

I agree with you if the price of SUI can still fall more, because SUI will be distributed every month to investors, so that will increase the supply of SUI, so of course there is a possibility that the price of SUI can still fall, therefore if we want to invest in SUI, then it's better for us to wait until all SUI has been distributed to investors.

sui just got abandoned by their investors after their investors successfully profits from the presale.
it's as simple as that and many doesn't even interested in the ecosystem of sui, since it's all the same with other blockchain.

All are complaining that it didn't meet their expectations, and they believe that Chui will be more than neutral as they have raised some big funds with their pre-sale. A lot of money that developers can take advantage of but alas it is honestly so little that many people are very disappointed.
And the ecosystem didn't grow that well .

there are still many coin locked and will be unlocked every month, if the demand isn't even there, i'm sure this coin will tanks.
the thing with sui is that the development of several platforms in the blockchain isn't just as massive as the other blockchain that previously were also known to be
huge success like arbitrum where there are so many projects deployed every day.
it's just not there with sui, maybe because the devs already getting all the money that's supposed to incentivize the platform growth in the ecosystem through their massive presale making people hesitant to invest again.

the project has a great advance since the release and listing and had its up and down turns since april

with this in the action?

                      -All-time high
                May 03, 2023 (2 months ago)
                           $1.72

                      -All-time low
                Jun 10, 2023 (11 days ago)
                          $0.558

according to CMC record  https://coinmarketcap.com/currencies/sui/

as this staying in top 10 rank(7 to be specific) I think that the coin has a better future specially that we are waiting for bull run next year .

SUI could dump even deeper if supply circulation increases, because circulation is still very small.
but we are lucky to see the price of BItcoin is also bullish for now and causes SUI to recover to $0.8,
and yeah this is very good, hopefully SUI can go to $1 and break resistance from there,
then we have to be prepared to release SUI before the whales release it.

I don't think it has been enough time for us to be judgmental about it, it is normal for a project, especially a protocol, to take its time, Ethereum never got success this quickly but it has grown big over time, its ecosystem started growing and then more and more projects started pouring in. I know these two are different and Ethereum didn't have a lot of competition back then, but we should give it some time.

SUI seems to be a good project and a reliable protocol for decentralized apps and platforms but it is relatively new, I know that investors will start speculating very quickly because they have their money in line, I just have a feeling that SUI will do pretty good in the future.

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.

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.

During this period, no really interesting projects appeared. Many never made it to the mainnet, and some have already gone bankrupt. There was also a lot of scam and you can see it now. I do not see much interest among users, even if Bitcoin has now risen in price quite well. Sui has not added much in price.

I think they could always make recovery soon in the future. maybe the current dumping was caused because some investors in general are hesitant to invest due to the vested coins that gets unlocked every day.
they will definitely wait untill all gets unlocked to see the true value.

thats what I think too, these investors got their presale price and is already up few folds than the initial price, from the perspective of people that trying to make entry
into the coin, it just doesn't seem really good enough, just think about how these people will have higher chance of liquidating their prices at higher than the people that just make entry right now.
the chance of creating profit will be harder.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.


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.

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.

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.

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.

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.

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.