Whats the consensus on Sui? Seems like it could have some incredible upside in the coming bull run. After making a good bit of money with uniswap back in 2021 and raydium lately, I'm more interested in betting on dex tokens rather than the L1 itself. After a bit of research, Cetus Protocol on the Sui chain looks like the best dex there is. Anyone have thoughts?
>>59245702550 SUI stacklet here. I was initially considering selling at 4$ but desu I can see this doubling it's market cap given some time. 8$ is possible, if not propable.
I think Sui will at least 5x this cycle, and the dex coins can be exponentially more. As always it depends on what big daddy bitcoins going to do. I really feel Cetus is radically undervalued for what is happening on the Sui chain, I'm probably dropping 1 bitcoin into Cetus
>>59245702Despite being close to the top 10 Sui is only up 568% all time , so the earliest holders are not up as much as you expect. In comparison Sol earliest holders are up 28,092%. Kaspa early holders are up 90,000%. Sui had a lot of room to run if it’s really the new sol
>>59245817Damn that really puts it into perspective
>>59245817Interesting cope, but whoever wanted to take profits on Kas or Sol already did so. The price of these projects consolidated for an entire year.New VC coins like SEI, SUI and TIA crashed 80% just 3 months ago whereas Kaspa and Solana only did -50%. Quite the difference.
>>59245900If your whales are up 30,000-90,000%. You want a deeper crash to get them out.
>>59246004It doesn't matter how much an individual is up, it matters how much they hold. Just because there was a crash, doesn't mean the whales are out.You're trying to sugar coat VC coins that come out with billions of FDV where nobody but the whales are up a lot.
>>59246161Not a fan of coins that didn’t correct as deeply earlier this year or u get massive slow bleeding like kaspa or arc block. Maybe turbo as well.
>>59245702I am thinking exactly like you, got a large bag of MOVE and TURBO.
>>59246945I considered TURBO, but ultimately sticking with CETUS. Don't know anything about MOVE. Turbo just seems like too much of a longshot for me, whereas Cetus seems guaranteed to make some serious money
>>59248230I see no reason why not stack both TURBO and CETUS?Raydium and Jupiter both pump for Solana, I see no reason why TURBO or MOVE will also pump with CETUS.
>>59250163They’re complementary plays, one pumps, the others follow. stacking both makes total sense.>Diversify within strength, wagmi
