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Bitcoin

This is the “hotter” of an encrypted currency in April

In the podcast excerpt highlighted by Altcoin Daily in a post on April 4 on X, O’lery said:

“I think the most hot ticket is Sui. It’s mysten. This is a new hot project.”

O’Leary put the issue of investing in SUI in April similar to its high -performance transactions and the use of financing and games.

Ethereum is the frequency domain pig, so the Shark Tank judge says it is also betting on sui to win the Defi Horse race. Here are five factors that support Oliri’s bet.

1. SUI price chart tracks the upscale reflection pattern

At $ 2.12 in April, the SUI price fell by more than 60 % of the record in the beginning of January. But it is still achieving a strong gain for the investors who bought it for $ 1.40, as it was first offered to codes in May 2023.

Cryptobullet, the famous analyst in the encryption market, wrote on April 7 update to X that they noticed a bullish technical indicator for SUI.

Its price is a striped pattern that preceded a strong multi -monthly gathering for the near symbol, and another Blockchain coin of 1 layer.

“In no way I sell $ sui here.”

“I still think we can see a double number $ sui this year.” On the macro side, they added, “We will have a good bounce in the middle of the time this year regardless of what. Sutu the shine during that period.”

Meanwhile, the Dutch Curvement Asset Director Michaël Van De Poppe wrote on April 9: “Once the markets start to reflect, I assume that SUI will be one of the most powerful assets that jump,” wrote on April 9.

“Investors tend to return to the original, which was working well before anything related to the macroeconomic because these assets give the highest confidence,” added Van De Poppe.

2. Mysten Labs

In his position on Sui’s advice, O’Leari praised the founder and the team behind the Web3 May 2023 project with a currency ranked 18th of all cryptocurrencies according to the market value in April:

“This is a man who came out of Facebook. All that he focused on is the speed … This man has set out everything … You want to do a million transactions per minute?

He is not the only one who resides in the team that develops together. Even with taking its price in an approximate stumbling with other encryptions in the first quarter, the positive bias in the social feelings of SUI has reached the highest new level.

Mysten Labs, the company supported by the project behind SUI, former Facebook engineer Ivan Cheng. The CTO’s CTO, CPO, chief scientist and head of encryption former employees.

3. SUI recorded 3700 % faster than Ethereum

SUI network speed is not a joke. Coingecko speed check I found Layer-1 Blockchain was among the fastest transactions in Web3 and flat per second behind Solana. While Ethereum recorded 22.70 transactions per second, the Sui 854.05 network. Solana was only higher at 1,053.65.

The co -founder of Mysten Adeniyi Abyodun says that focusing on speed is part of a competitive strategy to develop SUI to a “format layer” for the entire Internet.

In an interview at Token 2049 in Hong Kong, Abidon said:

“Sui is not just Blockchain, SUI is a global Internet formatting layer. So our target processing market is greater than Solana and TAUN and all these other platforms.”

4. Blockchain MMO games

Oliri said that “will have games” because of its speed:

“You know that the time of gaming is your killer. If you want to start passing the symbols in the middle of the game, you should be fast. Ethereum is very slow. Sui can do this.”

SUI speeds are fast enough for a portable game platform that offers SUI Blockchain mobile games in Q4 last year and lock operator rewards on the network.

Other Blockchain game titles have been launched on SUI. In an interview with the case of Blockchain Gamer, Abyudon said:

“The players will help lead the collective use of chains only in the form of active portfolios, transactions, and create the value of assets, but they will also lead the Defi Onboarding Drivers for the new expatriates Web3.”

Games in the network are a large part of its competitive strategy that has developed the Mysten Labs, the first Blockchain portable game console, suiplay0x1. Preparation started last September.

5.

Meanwhile, the Canary Capital Capital was introduced to Nashville, to the American Securities and Stock Exchange Committee on April 8 to the SUI ETF version in Wall Street. This would make the currency available for institutional investors to trade in an organized financial product.

Coinmarketcap mentioned:

“ETF will be the first to track SUI, and it may also include parts of their holdings through trusted service providers, with ETF is likely to win Stokeing Bonuses.”

When Bitcoin got her ETF website, coding markets became wild with approval.

Repeated comments he made last month in an interview about Bitcoin, Olieri said he believed Blockchain is about to become necessary for the economy: “The twelfth sector of the economy will be five years ago.”

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