I can see SUI smashing its ATH no problem, but I would hardly call the unlocks bullish! Plus the 60% of future unlocks to insiders! Thats a lot of unlocks to be absorbed... we are barely in profit since the token launch too... when do you plan to exit?
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Well, I guess unlocks are never bullish but compared to the upcoming TIA unlocks, that 2.4% was peanuts and easily absorbed. I plan to exit sometime at the beginning of next year, lot of competition coming up: Movement, Berachain & Monad so probably going to move to those when the time comes. Gonna see how the chain continues to grow though but SUI for me isn't a long-term investment.
Makes sense. I don't see many dapps on SUI, but would be good to see a 10x or so there.
Yeah, that would be a good target, and a realistic one too in a full-blown bull market!