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Author Topic: SUI TOKEN PRICE SPECULATION  (Read 1043 times)
JeffBrad12
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June 28, 2023, 11:14:53 PM
 #141

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.

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June 29, 2023, 02:27:19 PM
 #142

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.

R


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June 30, 2023, 09:44:42 PM
 #143

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.

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June 30, 2023, 10:28:00 PM
 #144

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.

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June 30, 2023, 10:58:55 PM
 #145

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.

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