Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Rickoevolve162 on April 25, 2025, 11:44:13 PM
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After the launch of SUI, it was just another meme coin, and I thought it wouldn't be useful in the future.
Despite being 54% below its January peak, SUI’s ecosystem thrives. Fueled by explosive memecoin growth, SUI has rallied 27% in 24 hours, breaking out of a months-long downtrend. Network stars like LOFI (+143% for a week) and BLUB (+57%) are driving massive on-chain activity, pushing traffic and hype to new highs, in a result of all this observation, that led me to DEEP a token on the SUI ecosystem and with the recent moves possibilities of DEEP seeing such surge since it has already been listed on CEX, do you think this would be a great investing opportunity or I should pass on it?
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that led me to DEEP a token on the SUI ecosystem and with the recent moves possibilities of DEEP seeing such surge since it has already been listed on CEX, do you think this would be a great investing opportunity or I should pass on it?
Is SUI launched as a meme coin? Correct me on this one, but all the time, I really thought that this project started as a Layer 1 blockchain.
Anyway, I'm not familiar with the DEEP token, but I looked at their website which is https://deepbook.tech/deep-token. It's another DeFi again, but now it's under SUI. This is coming from a conservative investor like me, but I would rather invest my money into SUI rather than DEEP. Yes, the reward is way higher when you invest into DEEP because it's a newly launched token, but that's the problem when it's a newly launched token. You don't know the future it compared to SUI where it has been in the space for quite some time, and now currently at the top in terms of market cap.
I don't want to say, "Invest into DEEP" or "Don't invest into DEEP.", but better do our own research. Now if you want to invest, make sure that you're ready to lose it all just in case something bad happens.
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After the launch of SUI, it was just another meme coin, and I thought it wouldn't be useful in the future.
Despite being 54% below its January peak, SUI’s ecosystem thrives. Fueled by explosive memecoin growth, SUI has rallied 27% in 24 hours, breaking out of a months-long downtrend. Network stars like LOFI (+143% for a week) and BLUB (+57%) are driving massive on-chain activity, pushing traffic and hype to new highs, in a result of all this observation, that led me to DEEP a token on the SUI ecosystem and with the recent moves possibilities of DEEP seeing such surge since it has already been listed on CEX, do you think this would be a great investing opportunity or I should pass on it?
Plagiarized from https://tgstat.com/channel/@memecoin_daily/623