SUI

Due-Candy-8929

Ripple / XRPs longevity is a big advantage over newer companies… consistently being in the top 10 and being one of the first cryptos gives a heavy advantage… (Bitcoin has the BIGGEST first mover advantage, but ETH / XRP / SOL benefit as well) when a transfer takes 1-3 seconds it’s other areas of infrastructure slowing it down… when a fee is less than $0.001 It doesn’t matter if it’s cheaper… look at all the collaborations / acquisitions / adoption… companies not just buying reserve but putting utility into action… Tbh most people who believe in XRP also believe in the potential of a lot of cryptos as well and tend to be diversified - XRP is my biggest bag (partly as it has outperformed the market over the last year so has naturally become worth more than other tokens with the same amount invested) but I also hold SUI LINK DOT FLR ALGO ADA XLM … I feel like most of the hate is just residue from Bitcoin Maxis saying whatever brain dead takes they can think up … Besides - I much prefer a Ripple Brad vs a MicroStrategy Michael

Mysterious_Ad_4658

it hasnt though.... its down 3.7% in the last 24 hours compared too; SOL 4.84% down, SUI 5.02% down, AVAX 5.72% down. its down more than BNB and XRP but thats to be expected with the run up it had had over the last month or so

Pepsiholic251

Really depends on what you stake. Think of it like buying a printer. You can buy a cheap printer but the ink costs you $100. Or, you could buy a more expensive printer, but only spend $30-$60 on ink. ETH can give you 2 to 3% but it's also over $2500. SUI give you 2.4% but much cheaper. AVAX gives you more depending on how long you stake it, but it's locked for that long. CRO I earn 7% on but when I unstake it, it takes 28 days to get. I can tell you this much, I have less than 10% of my crypto staked and earning various amounts and I claim over $100 every month. That doesn't include the crypto that I don't have to claim like ETH.

Pepsiholic251

Really depends on what you stake. Think of it like buying a printer. You can buy a cheap printer but the ink costs you $100. Or, you could buy a more expensive printer, but only spend $30-$60 on ink. ETH can give you 2 to 3% but it's also over $2500. SUI give you 2.4% but much cheaper. AVAX gives you more depending on how long you stake it, but it's locked for that long. CRO I earn 7% on but when I unstake it, it takes 28 days to get. I can tell you this much, I have less than 10% of my crypto staked and earning various amounts and I claim over $100 every month. That doesn't include the crypto that I don't have to claim like ETH.

syKonaut

Need to make smart trades. I’m pretty much all in right now mainly on SUI which I sold all my DOT, ADA and LINK for back when SUI hit $1.9. I will soon be 2x again on SUI. I am 3x at least on all the SUI alt coins I own such as DEEP, Scallop, 2x on WAL. haedal to name a few. Now I just own SUI and SUI net alts/memes, SOL and XMR.

S0l1DTvirusSnak3

Can't agree with this it's bull sorry.... New altcoins yes but you need to understand the computational power and teams it takes to creat something like ETH or SUI all the while they are updating and improving there blockchains! One or a 10000 different coins will be created daily yes maybe but the top 100 coins have the liquidity, momentum,teams and institutions to back them... BTC for s BTC it's the first of its kind but ETH AVAX XRP and SUI will go parabolic compared to BTC

lulepu

Longtime user of kraken, but for some reason they don’t offer SUI in Germany, which is annoying

Abythekid

The ultra wealthy are slowly starting to control Bitcoin. Regular people will move to projects like ETH, ICP, SUI, HBAR, AAVE that have real utility not just store of value. DeFi is going to explode once stablecoin legislation gets passed. The 5 I mentioned have the top DeFi projects.

Appropriate-Talk-735

Perhaps ask in the crypto forum? I think you can keep a 5-10% in SUI and then the rest in BTC.

jawni

>There is a big cardano community on twitter/x. On reddit, not so much. That's every coin. >And the activity on the Cardano chain is real, not bots like sui, sol and other VC coins. I can't speak to SUI or other chains but the activity on SOL is very real. Don't just take youtubers at their word, look at the data yourself, there are plenty of great sources for people to actually do their own research now. Now, the activity on Cardano is definitely real, but it also barely exists. Just for fun lets see how many transactions it's done in the last few minutes. https://imgur.com/a/SaeLSSJ Over the last 7 minutes, Cardano has only processed... 95 transactions. which comes out to a whopping 0.22 transactions per second. (95 txn / 420 seconds = .22) >It's a good chain, not yet the most popular. But hey, you don't have to buy it, but you are certainly welcome. My point is that if it was a good chain, we'd see evidence of it, and wouldn't have to be told how good it was.

CynthiaTWilkerson

You should try to maintain a more balanced portfolio, something like a 70:30 ratio between BTC and altcoins. Personally, I don’t hold any of the coins you mentioned, but most top projects are still holding up pretty well, especially with the growing buzz that an altseason might be around the corner. Consider reshuffling your alt bags and stick to solid tokens within the top 100 on platforms like Coinbase. Coins like ETH, SOL, SUI, A, and LINK. Even SUI and INJ are looking like top-tier choices right now.

Squirrel_McNutz

Is doing good price action or a good blockchain? I think SUI is solid. It has performed very well this year. Imo only behind Hype.

oopssomething

Is SUI a shitcoin or will it do good some day?

rrdrummer

Can't speak to ADA as that's a much deeper chain. My brother turned me on to XNO years back. Said it would change everything because it was fast and free. And yea, that's neat. But, here is the thing.... there are a lot of block chains that are about as fast.... and almost free. And those chain DO a lot more than just being fast and free. Like a Little Ceasers Hot n Ready... "is it good?" "well, it's hot AND it's ready". Okay.... but in a world where we have smart contracts and NFT's and Defi, and..... if it's just a chain that's fast and free... that's all it'll be. Since it's free, there is no real desire to participate. So no TVL, no mining reward, etc.... why would others participate? That's my 2 cent.... SUI TO THE MOON!!! (It's fast and cheap... and does a lot)

Dellyra

SUI ATH GRASS RENDER AERO In that order for position size for me

Squirmme

4000 Fartcoin, 3000 Ondo, 3000 SUI

Bigshift-2034

Can’t exclude the best asset so BTC 40% SUI 30% AUKI 20% DeepBook 10% that’s actually my portfolio. BTC is must as that’s the only true investment the rest is just a gamble!

Ok_Distribution_3180

I would not set all in one coin... I have for example 40% SOL, 30% BTC, 25% ETH, 5% SUI

Due-Candy-8929

Planning to scale out of most of my crypto holdings through this market cycle, and buy back in the future - once we have found the bottom of the bear markets I would probably buy back into XRP SUI LINK HBAR and either XLM or save the 5th spot for something new (would have to do research) I like ETH… its been my most recent buy (was buying it while sentiment was in the gutter… was fun seeing it take off a little again recently! overall I probably lean more towards SUI more though? 🤷🏻‍♀️(which seemed to run at the same time) All the tribal maxis put me off BTC a lot… there is no conviction or forward thinking just hate on everything else - if there was more than 5 might hold but don't think it would make my list - each cycle sees lower percentage gains - especially if you are round tripping - BTC isn't 2X from the 2021 cycle high of 69k currently, however from the bottom its over 5x up! (it took around 850 days to get back to 69k after dropping as well - its a long time to wait to get back DCA-ing, while buying power also increased as well if someone tok profits even close to the top and waited until after the base was found to start buying back in - not talking about jumping in and out, and still largely just buying and holding and sitting out until a good re-entry point once profits are taken and a lot of the risk is off the table I think SOL will do really well but said why I don't trade it anymore earlier in the thread Have heard good things about QNT but its not on the exchange I mostly use I'm curious to see if LINK will heavily outperform BTC ETH this cycle- lower market caps can see huge % gains with far less money going in!

Ferdo306

IOTA foundation issued new coins and debased all holders by a centralised decision-making Then they promised a new IOTA protocol afterwhich they copy pasted SUI's architecture and kept few things of their own And by doing that they made IOTA not feeless So wouldn't really compare the two

StrikeGlum8160

SUI, BTC, ETH, ARB are going to be my long term hodls.

Ekay7575

I am holding only Bitcoin, Solana , Doge and SUI. Thanks

Mister00Mittens

Stacking $SOL, $SUI, and $SEI right now—super bullish on scalable L1s with strong dev ecosystems. Holding long-term unless the fundamentals change.

simonj69

Same here, I swapped at 0.08 it's now 0.024. Will ETH make a comeback ? Maybe, but I'd rather SOL or SUI.

Heisenberg2nd

I have my own strategy and I don't want to only follow cryptocurrencies with a high market cap and on everyone's lips. My opinion is that most of the alts that participated in the previous altseason may have limited room for growth even with the release of the various ETFs (it is not certain that a real altseason will happen now as everyone expects). I looked only and exclusively for alts that are promising like SUI and others that for me can have momentum in a few years. The reason is that for me those that already have highs from previous alt seasons will not have a particularly high peak. Instead, the growth space of the most promising alts is unlimited, breaking the highs is nonsense and once done they are precisely those that make 10/20/30x. Having purchased at a very good time (almost 2× on all the alts purchased) I am not anxious to sell, have patience, those who say that the alts are dead and that 99% will disappear are not taking into account the evolution of the sector. Many speak because they hear others speaking, you make up your own ideas and don't follow others

powpowpow23345678

Not stacking but holding $FET, $KAS, $SUI, $HBAR, $ONDO, $RENDER AND $$BEAM

Due-Candy-8929

Dont trade emotionally and don't just follow retail along blindly… you are likely to sell the bottom abs fomo buy back in at the top … I hold a lot of alts : XRP ETH SUI LINK HBAR XLM DOT FLR ALGO ADA … but I’m not worried and not watching the charts too closely - a lot of analysts are expecting an alt season but the average retail speculator will get scared out and buy back in once they feel safer… buy the fear, sell the greed… should be more worried when people are saying “ITS NEVER GOING DOWN!”

CynthiaTWilkerson

No judgment at all, most of us have had a “young degen portfolio” phase, it’s part of the journey. If you still believe in BTC long-term (especially with ETF flows picking up), consolidating into it now isn’t a bad move. But timing alt exits is tricky. Some might still pump short term if there’s a bounce or mini alt season. One strategy: scale out slowly. Convert portions of your alts to BTC or USDT when you see strength or news pumps. Don’t rush unless you’re sure. Also, if you ever find yourself holding stuff like SUI, $A (Vaulta) XRP, they might be worth keeping. Those are some of the few projects showing fundamentals and growing TVL, unlike many alts just coasting on past hype. Bottom line: don’t beat yourself up. Learn, adapt, and move forward. You're still early.

Numerous_Ruin_4947

No, I FOMO’d in around $3 back in December 2017. Rough entry. I did better with BNB at $8, and also caught good moves with XRP, ADA, and ETH. Win some, lose some - just ask the guy who spent 10,000 BTC on two pizzas. Today I decided to stake my IOTA. I moved it off Binance into a new IOTA wallet - smooth transfer, under two minutes, with a 0.5 fee. It’ll start earning over 15% APY, so I figured I might as well put it to work and try to recover a bit of those brutal 2017 losses. I’ll be keeping an eye on the IOTA ecosystem; the APY could drop as more people jump in. IOTA recently relaunched with the Rebased update—now built on SUI’s tech with smart contract support. So… we’ll see.

Due-Inspection-5660

some ALTs have also had their moment.... SUI, XRP and a couple others. if you think we're gonna have another cycle where almost every alt does a 5-10x you are going to continue to be very disappointed. just buy BTC.

Captain_Fredl

SUI is getting fucked from all sides

Due-Candy-8929

I much prefer to be diversified : currently holding XRP ETH SUI LINK HBAR XLM ALGO ADA DOT FLR... I stay away from memes / leverage - larger caps like ETH / XRP are a bit safer than smaller caps, but the higher you go up the risk profile the higher the potential returns as well... I like to play fairly safe though and don't really go into anything that small - be prepared to see high volatility, and to take profits and take some risk off the table as well - I don't plan to do a round trip this cycle! I don't think I'll be able to sell the top, but I plan to scale out of most of my cypto and take profits

Due-Candy-8929

diversification is a far better strategy - and the best part is a lot less money can go in to alts if they do end up paying off. ie $1000 in SUI might bring in a better return than $10,000 in BTC - would you want to camp $100k in it though? probably not - however those who do also stand to gain the most - someone in crypto 10 years ago would see far higher % returns... however the risk profile was higher then as well the further up that risk profile you go the more returns there are to be made. And if you genuinely believe in crypto tech and mass adoption then it seems illogical to believe only BTC will make it... (especially without layer 2s like Lightning network or tokenization on Algo / XRPL / wrapped BTC etc ) different chains offer different functions, and there is no one size fits all Even if you believe in a project it just makes sense to consider all options and be ready for the bumps in the road, unless you just plan to do constant round trips forever

AnoAnoSaPwet

That's the run-of-the-mill, crypto list I see at least once daily on Reddit. Throw SUI in there too, and you can ride it down with the rest of wallstreetbets. 

Squirrel_McNutz

This is my address: 0x4bdb3f1551998b34b7cc063974018f0db8935595 Props for stepping up and actually sending it lol. I try to combine things as much as possible. Airdrop farming can be very profitable if you have some liquidity to put down. The profits I get from airdrops I use to farm future airdrops. As far as LP I look for high APY options on chains or protocols I am trying to farm and then specifically between two coins I wanted to hold anyway. For example I have Hype LPed with Eth for 60%+ APY while farming the airdrop. I also have BTC lped with hype for a similar APY. I am killing 3 birds with 1 stone, buying & hodling coins I want, LPing then for high APY and farming airdrops which can occasionally have big drops. Meanwhile other people hold all those coins in their wallet and do nothing with them. Another example I have my SUI LPed with Walrus (which I got a lot of airdropped) for 100%+ APY on protocols I am trying to farm to get more airdrops. I want to hold both Sui & walrus so why not put them to work for me?

Due-Candy-8929

I like LINK… it’s one of my top bags along with other utilty tokens like XRP XLM HBAR SUI ALGO ADA FLR DOT… I don’t really care too much about the prices but the tech is cool and hope to see more and more adoption and real world utility … prefer to invest in technology I believe in than just mindlessly buy BTC… also I don’t trade memes

shayster7177

I feel TAO SUI a better swap for a long term buy and hold. I have both PEPE and SOL, however my belief over the next 5 years SUI and TAO will elevate hugely

TerrorizingThunder

SUI & Pepe

izdigohkz

21 alts is too much. I just stick to 5 or 6 that I can follow up with. SUI, SUPRA, PYTH and some dino coins.

izdigohkz

I don't think the 4 years cycle still stand. Liquidity get sucked easily but there are still alts to focus on. The ones with good products. Right now, SUI and SUPRA are some good ones looking at how dApps are building on the ecosystem.

izdigohkz

Didn't buy BTC but I bought some more SUI and SUPRA. I just keep adding to my bag.

CynthiaTWilkerson

My bag’s stacked with ETH, SUI, SOL, LINK, and A. atm, I’m all in on the real world assets and web3 banking space, but also diversifying for a bit now. Vaulta’s the one catching my attention most in that lane, mostly because of its strong fundamentals and the shift it’s making. I take profits when it’s right and buy the dips like clockwork. That’s the game

FusterClutch

Layer 1's Sui is the solana of this cycle. Definitely potential for $20-35 SUI by Q4/Q1 2026 Xrp, xlm, hbar, Ada etc. Should do well once the iso20022 stuff in confirmed. Could see xrp at $10 by Q4 Eth will get lots of bids with stablecoins becoming a very important part of the picture. I reckon 8-12k eth is not out of the question. Sol will most likely do well but it'll lag behind eth and btc. Could see $800-1000 sol Alts/memes Fartcoin sol has been one of the best performing coins on coinmarketcap top 100. Its around 1billion market cap rn I could see this getting to 10-20 billion pretty easily and the beta coin based fartcoin is at 25mill market cap rn. I'm predicting 1billion at least from this for a 40x. Huge upside potential with some of the biggest mind share in crypto currently but high volatility since it's such a small market cap.

Huge_Selection8055

Good advice. So take profits and don't hold SUI? Do you own BTC?

LambertIsMyName

And we are back to despair.. Paycheck coming up, any good buying opportunities? LINK, AVAX and SUI down a lot.

OstrichRealistic5033

You spoke nothing but the truth, focusing on long-term gains and not quick-get-rich schemes. BTC is my main holding alongside XRP, MOVE, and some SUI, and that's it.

YoungCapitalist95

Ofc, I do agree! Memecoins are not good for the space. Be careful with SUI. You need a good exit strategy for this cycle, because the coin still inflates due to only 1/3 of the coins are distributed right now.

TexasBoyz-713

Happens every cycle. I’m sure this cycle’s favorites like SUI, NEAR, TAO, KAS, will probably all be near nothingness in 5 years

Azzuro-x

I wonder what would happen in case there is a similar hack in the future. Same solution - sacrificing decentralization and rewriting the blockchain by voting ? SUI has inflicted extensive damage to its credibility by this case in my view.

Scottex99

Yep my bags have been packed for a while, on bigger read days I buy more. BTC/ETH/SOL/SUI and a few small bags of other alts for “fun”. A word on staking though, hacks do happen either decentralized or not. I still do it as it’s nice extra accumulation but I also got burned by Celsius and Terra. Nexo survived the last bear all good but if/when the market overheats and crashes, which it will at year end or whenever, things can go bad fast

thanosismyonlyfriend

Youre just in the wrong coins. Sorry. If you think the exact same coins that pumped last time will pump this time, then thats just wrong. This time the bull run narrative was AI and RWA. They have all pumped thousand percent and have made many riches. Buying ADA and other coins becsuse they ran last bull run isn't gonna work. XRP has given a 5x return and i think at its ath was 6x. Virtual protocol, AIOZ, SUI, Hyperliquid, ZBCN, many more, have ran. The games too easy if the same coins pump again from last time and then everyone sells at ath.

slsj1997

It’s the same, it’s just that people are stuck in Dino coins watching the new ones pull the 10Xs. Those still holding shit from 2021 don’t deserve the gains for not putting in the work in researching new projects like SUI.

HSuke

Title is not related to link at all. Honestly, any mature smart contract L1 can launch Treasure Bill RWAs with minimum fees. Algorand can do it Solana can do it Most EVM blockchains and Ethereum L2s can do it. God forbid this would cost a whopping $0.10 on Ethereum L1. SUI can do it. Cardano can kind of do it (with minADA and collateral) Bitcoin obviously cannot do it.

CynthiaTWilkerson

Most hype was based on hope and past cycles, but this time it’s different. Real adoption and projects actually building will do well. Projects like Vaulta (formerly EOS) building Web3 banking infrastructure, Ondo with RWAs, SUI's L1 and some more. The bull run will come when fundamentals catch up, not just hype.

The_Meme_Economy

I’m copy trading on Solana so I’m invested in the coin. By virtue of the fact I find the ecosystem so incredibly useful, I’m bullish on it long term. I don’t exactly think SUI will dethrone it, but there’s another one to look out for. I’ve been holding ETH for years and it’s gone nowhere fast, but if institutional investment does anything for the alts, this is the one that will benefit. I’m still skeptical though. Chainlink is interesting and has been around for a while. Arguably undervalued. Problem is there are so many. If you’ve heard of them they have already gotten traction. Are they saturated or is there room to grow?

izdigohkz

The project you are buying into. The future prospect, the market sentiment. For now, I a just buying into SUPRA and SUI based on ecosystem activities.

Plane_Regret1738

RENDER, SUI, ONDO, HBAR, NEAR, AERO, FET in no particular order. As always DYOR.

12ga_Doorbell

SUI

OstrichRealistic5033

IMO a balanced approach could be allocating 80% to BTC and ETH for stability, and the remaining 20% to promising altcoins like MOVE, SUI, and NEAR for higher growth potential.

Due-Candy-8929

I’m also holding ETH , ALGO, ADA, HBAR, DOT, SUI… Ones I’m holding that you’re not include XRP XLM LINK FLR

CynthiaTWilkerson

ETH, LINK, FET, and INJ have always held it down as solid DINO coins. But RNDR? Can’t really say the same. Might just swap that out for SOL or SUI; more meme projects building momentum there. Or even EOS, especially with its transition into Vaulta.

ShipWrect777

Once again... you are pointing out a heavily centralized quasi-corporate crypto. Just like Sol, Sui, XRP, etc. You people have to realize that other big boys... they dont want to just trust a centralized crypto. They need a DECENTRALIZED CRYPTO for the security they are looking for. This is what seperates Kaspa from the pack. If you want heavily centralized smart contract cryptos... pick your choice. They got centralized cryptos for days that sacrifice security for scalability and speed... Kaspa doesnt have to sacrofice that. Please for the love of God... educate yourself on crypto fundamentals. STOP TRUSTING CENTRALIZED CRYPTOS THAT CAN RUG PULL IN 30 SECONDS. Anyone of those cryptos can pull a Mantra in 30 seconds. You can't rug pull a decentralized coin. That is security you can't get elsewhere. Not from HBar... not from Sol... not from SUI... not from XRP...

ShipWrect777

I am.laying out the facts. There is currently NO decentralized instant speed smart contract crypto. There is none that exist. If you can tell me one... I will go buy it. But you can't. The closest thing is ETH. However, ETH was not fairly launched. It had presales. So... this is a big deal. The only "fast" cryptos out there are centralized garbage. We saw what could happen, last week, with centralized garbage. SUI validators just stopped humdreds of millions in a hack. That means at anytime they can fuck with people txns. Even ETH you got NEV bots fucking with your txns. So we finally have a decentralized instant speed option. I don't think nost people understand what this shit even means... well... you better figure it out before kaspa moons.

VinnyBoyGG

Sorry, I misspelled SUI

Boring-Increase-7667

I think the future is in coins like hyper liquid just as an example not the coin itself. Random coins will move while others stagnate. Let's take the top coins for example - chainlink reached around $30 and could never surpass it's all time high amongst other coins like Avalanche which couldn't do it either. I've been in crypto since way back in 2016. Back then we had ICOs as the meme coins of the time especially in 2017. We all knew it was bullshit but wanted to run up those gains and pumps. Now it's just select coins that nobody sees coming like hype did and SUI etc. And excuse my articulation skills I'm trying. The new rich in crypto were the guys who raised money during the ICO boom. Many of them on average made like 100 million in profits after raising and then dumping their own coins. These guys today or at least a large chunk like Brock pierce made billions with this strategy. Did anyone forget Dan Larimer? These are the shadowy whales that control much of crypto today. Oh what about Joe Lubin? I can name dozens of rich whales who did the ICO boom and now control a lot of whats happening. So back in 17 it was wild west now they plan it out and run up certain coins. Let's not forget about influencers who run up coins they still like Alex Becker and his boy ellio who runs his own coin and they still each other on their channels. So the game is messed up now and unfair more than ever. Trust me I've been in this scene a long as time and I've literally met most of the whales in crypto in person and been to endless conferences. The whole thing is a giant manipulation with tons and tons of whales doing stuff. So bottom line is no all of the coins will not hit all time highs again in my option just fresh new hot coins the old ones will move like stocks and run up every time the cycle resets from a bear.

themrgq

We won't have what this sub wants to define alt season as but we already had one. Sol hit an ath SUI was running etc. It already happened

Huge_Selection8055

All good buddy, I've been buying in since the last cycle, BTC, ETH, SOL and SUI. I'd forecast this will be the last cycle and BTC will be the new gold. (I also DCA into gold - for many years). I just hate meme coins and the utter corruption that goes with them, do you agree? Thank u have a great day.

CynthiaTWilkerson

If you're just starting, maybe don’t go all in on ETH at the top. I’d ease in and also look at other assets in the top 100 with a lot more upside like SUI, RENDER, EOS, FET and a couple others.

jburry7

BTC is a great store of value. XRP, SUI, HBAR, XLM, Chainlink, are all great options for top altcoins. A hidden gem I’ve recently found is ZBCN. They’ve got an incredible team and some really great partnerships. They also have a credit card where you can spend your crypto directly. It’s a smaller market cap so it has huge potential to take off as well. Not financial advice!

stoneymaloney34

"ETH, SOL, LINK, SUI, and ONDO all have solid fundamentals — from here, you could realistically see a 2x return with a relatively safe risk profile.

itswayne09

Jumping into altcoins when BTC is hot is a classic move! SUI, SOL, XRP are all solid picks with good potential. Diversification is key

gonzoes

I have a friend invested in SUI it doesn’t look like the hack even really affected the price at all

Ikki_The_Phoenix

Fr. SUI isn't Descentralised

RefrigeratorLow1259

It's not VC backed, Do some research! You're thinking of SOL and SUI....

noviwu97

I don't have any SUI (sold everything I bought at $1.2 when it's at $5). But it's still very alive. Prob next cycle will meet the same fate as LRC

Phylaras

I think Hanlon's razor applies. Besides, I sort of doubt a hedge fund manager (he runs a fund of funds) would need to accept $$$ from SUI or anyone else.

ReadersAreRedditors

Dead remember everyone here was hyped for LRO. Then remember ppl weie hyped for SUI, look how that is going.

Azzuro-x

Wasn't that hard since there are 114 SUI validators in total.

cool_monster01

So SUI validators did a "51% attack on the network" 🤫

tradinghabits89

BTC, SUI those two can't go wrong

OstrichRealistic5033

Price can't keep going up without retracement. And I wonder why altcoins aren't picking up yet. Anyways, I'm still holding SUI and MOVE. Let's see how it goes.

still_salty_22

Decentralization in crypto generally refers to the network topology. Distribution of funds/wallets is another issue for crypto, but yea unfortunately SUI apparently does have issues with both at the same time lol.

HSuke

The vested stake from ICO represents 62% of the stake, so they have well more than enough to censor the network, but that's only if ICO stakers are in agreement. That represents 25+ organizations (A16z, Jump, Franklin Templeton, Coinbase, Samsung, etc.) not related to SUI. My gut feeling says that SUI is very centralized, but it's hard to tell from the Nakamoto Coefficient, and getting 33% of validators to block isn't an easy task without getting community agreement. > In reality the Minimum Attack Vector/Nakamoto Coefficient is much lower than 36. It's probably more like 10 or less entities. Nakamoto Coefficient of 36 (for censorship) is a lot higher than I would've expected for SUI. That would actually make it one of the most decentralized networks. Even a MAV of 10 is average for decentralized networks. In comparison, Bitcoin's Nakamoto Coefficient is only 2. In reality, a lot of decentralized networks are much more centralized than they claim to be. I took a peak at SUI's validator list. Usually, a few validators have the lion's share of stake, but the distribution of staking amounts per validator on SUI is surprisingly even. If they can get the top 10 validators to agree to block transactions, then that's a consensus decision and security feature.

Phylaras

Genuinely curious, where did he announce that? I thought SUI was a small part of his crypto holding as a higher Beta bet on SOL.

ComplexWrangler1346

Depends on the alts you are invested in …I never do meme coins…I made 23k on SUI last month …bought in when it dipped to $1.88 and sold when it hit $4 a few weeks ago ….i have already doubled my money on Bittensor , SOL and my biggest bag is ETH at a 2160 average ..again , bitcoin is a long term investment and the higher it goes , less will invest and more will buy alts …

No-Pipe-6941

Yep most layer ones are way over value, case in point SUI.

justink15

Bye bye SUI, what happens when tokens aren’t time tested like ADA and ETH

Somebody__Online

Didn’t SUI just get rocked with a massive hack

jawni

because adding SUI or HBAR requires technical work on their end, while adding a popular new memecoin is trivial because they already have the infrastructure for ETH and SOL.

Numerous_Ruin_4947

As of right now, the only top 15 alts that outperformed BTC the past year has been XRP, TRON, SUI and ADA (by 2%). I have XRP, TRON, and ADA. It's debatable if they are "good" alts. XRP is basically a snowflake meme like BTC, ADA barely does 1 TPS due to lack of real transactions, TRON is a ETH clone that exists for Tether, and Justin Sun is a scumbag. SUI is a centralized (glorified database) mess with a few validators. ETH is the best chain out of them all including BTC IMO. But the market is irrational and unfortunately snowflake meme BTC has outperformed most chains the past few years and been more stable. https://i.redd.it/3ansb2jtok2f1.gif

Onebadosteopathswag

I dont get why robinhood doesnt let us trade SUI and hbar, when they literally just let us trade fucking "cats in a dogs world" and "moo deng" (whatever the fuck that is)

HSuke

I swear people keep forgetting how Bitcoin reorged (a rollback) 30+ blocks twice (in 2010 and 2013) to fix similar-level catastrophes. No, it's not a PoS issue. Most PoS blockchains do not allow rollbacks, and neither can SUI. In order to rolback, they would need to hard fork the DLT.

olduvai_man

Not all crypto projects are like this, but far too many are and a lot of the space doesn't seem to care. How many will FOMO back into SUI when they froze assets on the network? BTC and Kaspa are examples of projects that don't have locks or central authorities governing the network.

Azzuro-x

They can't roll back especially for the amount that has been changed to ETH (roughly 20920 ETH). For the SUI that is still locked on the hacker's SUI addresses that would require a fork I think, may not worth it either.

breakbeatera

I have no idea whats going on with SUI but what i'm sure is that newer isn't always better. Usually proved and searched is the way to go.

Ferdo306

I don't know the specifics of SUI architecture but I presume there are validators and delegators as it is DPOS? So if a delegator doesn't agree with coins being frozen, he was able to delegate his weight to a validator who isn't ok with freezing? Or was there a vote or something?

justletmesignupalre

What happened with SUI has nothing to do with PoS or PoW. It could have happened either way. And your comment history points to you trying too hard at shilling Kaspa's PoW. Either try to improve, or stop.

Omeri_AR

Hey everybody A question. I started taking crypto seriously by the end of last year. I was wondering if it is still worth investing in Btc. I normally invest around 200$/month. Into various coins but never into Btc. Cu its way high and my margin for profit will be slightly less. What would be your advice. I have invested in XRP, SOL, LINK, DOT(v les though), SUI (v less) and RENDER( I hold only 20 tokens).

defiCosmos

Search "SUI chain Freeze" in the search bar, sort by new

defiCosmos

It's all over X. Search "SUI Chain Freeze"