$SUI bounced from $0.678 to $0.72 after Pal called it his highest-conviction growth bet after ETH and SOL. That’s the tape. Not a regime change.
Still a $3B coin, 86% off the Jan 2025 high. DeFi TVL is $456M. Daily chain fees printed under $4k because stables move for free. Hashi is on devnet, not mainnet. Phantom drops Sui support on Sept 24. The next real unlock is the usual ~22M tokens around Oct 1, not the 5B figure getting copied around.
I treat this as a $0.70 bounce until it takes $0.75 with volume that wasn’t here yesterday.
Check the 4h against today’s high. That’s the tell. NFA.
Still a $3B coin, 86% off the Jan 2025 high. DeFi TVL is $456M. Daily chain fees printed under $4k because stables move for free. Hashi is on devnet, not mainnet. Phantom drops Sui support on Sept 24. The next real unlock is the usual ~22M tokens around Oct 1, not the 5B figure getting copied around.
I treat this as a $0.70 bounce until it takes $0.75 with volume that wasn’t here yesterday.
Check the 4h against today’s high. That’s the tell. NFA.