Thread by @Sui_insiders

$SUI PREDICTION PRICE - MAY 03, 2023

🧵Thread is based on the information and numbers that the #Sui Foundation has announced.

Let's predict how much the market cap and ATH price of the SUI token🚀

Like & RT to get started👇

#Sui #SuiNetwork #SuiPrice

1.1/ First of all, we need to know some metrics below👇

$SUI Total supply: 10 Billion $SUI
$SUI Initial supply:
+ 6% Community access program & App testers (600M $SUI)

1.2/
- 144M $SUI for Whitelisted users (3 CEXs) will be 100% unlocked at TGE
- 450M $SUI for public sales will be unlocked 7.7% at TGE (~ 34.61M $SUI)
- 6M $SUI for add liquidity or surprise #Airdrop (just predict)

=> Assume ~184.61M $SUI token is the initial supply.

2/ As for the numbers unlocked at TGE in Sui's tokenomics such as community reserve, investors, early contributors, and Mysten Lab treasury, the specific numbers are unknown👀

So the initial supply estimate could range from 300M to 400M $SUI tokens (uncertain)🙏

3/ If the Total is 184.61M in listing days, compared with $APT it can easily hold the price of $4 - $6

🚀But if the Initial CS Would be 300M in listing Days #Sui price can be $1.5 - $3.5

4/ Thus, the profit is quite good for Allowlist and General sales.
📌This is a numerical opinion only and should not be considered investment advice! Always DYOR🙈

What is your opinion? Let's discuss it!🔔