Sui is doing great.
Sui Basecamp just took place, for the second year in row, and now some analysts are saying Sui (SUI) is poised for a potential 100% rally.
The main indicator, according to these analysts, is the fact that Sui might get an ETF.
Positive sentiment is certainly being fuelled by Nasdaq’s SUI ETF application with the SEC.
At the moment, Sui is trading around $3.31.
When I went to Sui Basecamp in 2024, Sui was worth less than $1.
Now is at $3.
And a lot of people are calling the new Solana, which sure, why not. But there are reasons why I'm bullish on Sui.
First, Sui, like Solana, has realised you need more than software, which is why Mysten Labs (ie, the company behind Sui) has launched a handheld gaming device.
This is good marketing.
Like, "look, we got a handheld device you can buy, it's cool. It's gaming. Oh and by the way, we're a crypto firm".
The second reason is that devs love Sui. They want to work with Sui.
This is important.
If you want to know where the market goes, apart from BTC, go where the devs go.