Sui is like Solana from the last cycle, creating narratives for strong market players to make the market strong.
If you don't hold Sui, you should at least add Sui to your watchlist.
If you're into contracts, you might consider betting on the exchange rate between Sui and weaker ecosystem coins, like AVAX and ETH.
Recently, the overseas community has been buzzing about the possibility of Meta collaborating with Sui. Initially, the news came from a small blogger, so I didn't pay much attention.
Now, more and more people are talking about it, so it probably isn't baseless speculation. Just like how Sui's projects had already started collaborating with Pokemon Home earlier, it's highly likely that Meta's collaboration has been finalized, and we'll hear about it soon.
Sui is probably the public blockchain that has collaborated the most with Web2 enterprises. Companies like ByteDance, Alibaba, Franklin, and major gaming firms in South Korea are all involved. Adding Meta to the list wouldn't be surprising, especially since Sui's predecessor was Meta's blockchain project, Diem.
Additionally, Sui (@SuiNetworkCN) has updated its narrative on Suibasecamp. Sui isn't just aiming to be a better public blockchain; it's striving to become the innovative infrastructure for large-scale Web3 applications in the future, enabling more internet users to enter the Web3 world. Currently, Web3 users account for only about 10% of internet users. Internet tech giants have valuations in the trillions of dollars, and interestingly, SOL's market cap happens to be in the hundreds of billions. Sui's ambition is even greater, as it aims to capture the remaining 90% of users who haven't yet entered Web3. If it succeeds, I wouldn't be surprised if its market cap surpasses SOL's.
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