Can the new public chain lead the entire crypto market?
Sui: This is a first-layer public chain. Many people may not like it, perhaps because the issuance volume is too large, with a total issuance volume of 10 billion. This number is indeed a bit high, but for some reason, Grayscale has taken a fancy to it. As soon as Grayscale calls for an order, it will be pulled up! In the long run, the current price is underestimated, after all, it is supported by a large institution like Grayscale!
Sui is so strong because it has a game console, similar to Sol's mobile phone airdrop. The focus of future development is on chain games and DEFI. After the large-scale unlocking on September 1, Sui's monthly unlocking volume accounts for 2.6% of the circulation volume, and institutions are also pulling the market together at this time.
Sui coin will be first issued on May 3, 2023, and its public chain is Sui. The supply volume is 10 billion, and the current circulation volume is 2.679 billion. Sui tokens are the native assets of the Sui platform. Sui's advantage lies in its unique consensus mechanism, which allows the transaction settlement speed of the Sui network to surpass the previous high-performance public chains. Public chain investment has always been the main theme of every bull market, without exception. The fact that a project can build a public chain at least shows that it has the strength and attitude.
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