As a long-term user of #sui链 , although I am not a professional trader, I still want to share my concerns about Sui's current valuation. Sui's long-term prospects may be full of potential, but at this stage, I think its market price is seriously overvalued. This valuation level does not have sufficient basic support, and the potential risks cannot be ignored.
1. The fully diluted valuation is too high to be compared with Solana
Sui's current fully diluted valuation (FDV) has reached $22 billion, while Solana's FDV is $92 billion, a difference of only about 4 times. Solana is a blockchain project that has been recognized by the market and has strong technical support. It has achieved remarkable results in scalability, speed and ecosystem construction. Sui is still in its early stages of development, its ecology is not yet fully mature, and its user base and application scenarios have not reached a sufficient scale.