Official community taught people first not to “exit liquidity,” and then, shortly after, the Sui ecosystem’s Meme pre-sale JustOneSui was reported to have taken off with 4,700 SUI and run. The community could only cover the gap out of their own pockets to step in. Separately, users on Binance Square said that the Phantom wallet will remove support for SUI on September 24; on that day, SUI fell 7%—the claim currently has only a single source and needs verification.
My take: what SUI is being targeted for right now isn’t the technology—it’s retail investors’ trust. Community activities proceed as planned, and tZERO has also announced that it will move its regulated securities infrastructure to Sui; these are long-term cards, but they can’t solve the immediate issue of capital safety. The scam case, the delisting rumor, and KOLs calling for “deployment” are all mixing together, and market sentiment is clearly bearish.
One real question: if a Meme pre-sale can abscond with funds, can mainstream, normalized partnerships still retain retail investors? Is this round of cleansing an opportunity—or a deterrent to newcomers?
My take: what SUI is being targeted for right now isn’t the technology—it’s retail investors’ trust. Community activities proceed as planned, and tZERO has also announced that it will move its regulated securities infrastructure to Sui; these are long-term cards, but they can’t solve the immediate issue of capital safety. The scam case, the delisting rumor, and KOLs calling for “deployment” are all mixing together, and market sentiment is clearly bearish.
One real question: if a Meme pre-sale can abscond with funds, can mainstream, normalized partnerships still retain retail investors? Is this round of cleansing an opportunity—or a deterrent to newcomers?