SUI TOKEN PRICE SPECULATION

[WalkerIVIV]

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.

[shinratensei_]

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.

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.

[bitkanu]

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

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.

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.

[lobo13hf]

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.

[nimogsm]

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.

[TastyChillySauce00]

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.

[newdevices]

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.

[irsykes]

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

[barhavsky]

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.

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.

[Teraboy]

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

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.

[phantailaptopbl]

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

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 .

[shinratensei_]

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.

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.

[kotajikikox]

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 .

[ningrum]

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.

[jostorres]

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.

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.

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.

[irsykes]

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

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 .

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

[JeffBrad12]

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.

[lobo13hf]

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.

[nimogsm]

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.

[WalkerIVIV]

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.