Psynthax
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June 23, 2023, 03:29:10 PM |
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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. 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.
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irsykes
Sr. Member
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Activity: 1649
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DGbet.fun - Crypto Sportsbook
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June 23, 2023, 04:41:27 PM |
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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. 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.
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TastyChillySauce00
Legendary
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Activity: 3136
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
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June 23, 2023, 05:02:43 PM |
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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.
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shinratensei_
Legendary
Online
Activity: 3248
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
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June 23, 2023, 11:31:54 PM |
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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.
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.
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Inspiron14
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June 24, 2023, 03:33:42 AM |
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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.
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.
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Smitty Werben Man Jensen
Full Member
Offline
Activity: 1568
Merit: 100
COMBONetwork
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June 24, 2023, 10:58:11 AM |
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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. 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. 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.
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Psynthax
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June 24, 2023, 01:23:13 PM |
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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.
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irsykes
Sr. Member
Offline
Activity: 1649
Merit: 273
DGbet.fun - Crypto Sportsbook
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June 24, 2023, 03:01:22 PM |
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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.
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. 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.
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TastyChillySauce00
Legendary
Offline
Activity: 3136
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
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June 24, 2023, 04:41:37 PM |
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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.
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. 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.
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globalpain
Full Member
Offline
Activity: 1260
Merit: 103
The OGz Club
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June 24, 2023, 07:16:14 PM |
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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.
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. 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.
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Bitstar_coin
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June 24, 2023, 07:28:14 PM |
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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.
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JeffBrad12
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June 24, 2023, 11:36:23 PM |
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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.
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CapGelatik
Full Member
Offline
Activity: 1064
Merit: 100
Combo Network
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June 25, 2023, 12:35:48 PM |
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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.
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nimogsm
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June 25, 2023, 09:56:03 PM |
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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.
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WalkerIVIV
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June 25, 2023, 10:44:23 PM |
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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.
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.
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dansus021
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June 26, 2023, 01:40:17 AM |
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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
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savetheFORUM
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June 28, 2023, 12:55:23 PM |
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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.
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.
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tokeweed
Legendary
Offline
Activity: 4102
Merit: 1456
Life, Love and Laughter...
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June 28, 2023, 01:27:21 PM |
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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.
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Doan9269
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June 28, 2023, 03:52:44 PM |
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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. 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. 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.
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.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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makishart
Legendary
Offline
Activity: 3122
Merit: 1029
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June 28, 2023, 04:08:21 PM |
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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/1673572324145078273I 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.
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