2023-04-17
Sui will be launching presale on 3
crypto exchanges on April 23, 2023.
1. ByBit (94 million SUI)
2. OKX (225 million SUI)
3. Kucoin (225 million SUI)
Suipiens
announced
that Sui will presale on 3 major exchanges include: OKX, Bybit, and Kucoin.
Sui is a layer 1 blockchain. Sui uses Move for its programming language. Developers can write smart contract using Sui Move. Move programming language was originally developed at Facebook to power the Diem blockchain. Sui claims that it has time to finality in less than 1 second and the network can process over 100,000 TPS.
ByBit will launch Sui token sale at the
price of $0.03 per token, total token available on ByBit is 94 million SUI. Investors can buy SUI presale with USDC and USDT.
Token available on both OKX and Kucoin is 225,000,000 SUI at the price of $0.1 per token for both crypto exchanges.
Prior to presale, Sui sells tokens at
$0.03 per SUI through SUI Token Community Access Program to supporters and
community members that have been active on Sui Discord before February 1, 2023.
Sui price forecast?
According to Sui’s document the total supply of SUI is capped at 10,000,000,000 (ten billion tokens). Sui presale price is $0.03 per SUI. Sui presale will have the market cap of $300 million ($300,000,000) Sui’s market cap of $300 million is on par with Harmony. Harmony has the market cap of $322 million.
Note that only ByBit sells SUI at $0.03 per token. Whereas, OKX and Kucoin sell SUI at $0.1 per token.
If investors buy SUI at $0.03. How much will investors make profit?
The forecast market cap of Sui is between Fantom’s market cap and Flow's market cap. Both Fantom and Flow are layer 1 blockchains similar to Sui.
Sui’s market cap during presale on ByBit is $300 million. Flow’s
market cap is $1 billion and Fantom’s market cap is $1.47 billion.
If SUI has the same price as Fantom, investors will gain 398%
profit. If SUI has the same price as Flow investors will gain 260% profit.
Sui maximum profit, investors can get is 7,763% gain if Sui
can have the same price as Aptos, under the condition that investors buy Sui at $0.03 per token.
