Sui offered price for the white listed user was $0.03 with a restriction of $45 buying for individual white listed investors. White listed investors received 1500 Sui coin on their $45 investment. The base price of the coin at the at the time to launching was around $1.3. This creates a massive opportunity for investors to book a massive profit. My friend who bought 1500 Sui coins earned almost $1,950 from $45 investment.
I was ineligible for the white list sale. So, I tried my luck in centralized exchange which is offering 10,000 Sui @ of $0.1 for those who won the lottery ticket. Unfortunately, I unable to win a lottery ticket. Investors who won the lottery ticket will be eligible to buy 10,000 Sui at a price of $0.1
Sui understood the importance of launching less coins initially to avoid massive dip after launching. For this purpose team decided to unlock 10,000 Sui coin in 13 equal instalment. First instalment was unlocked at the time of launching sui on centralized exchanges while remaining 12 instalment will be completed in 12 months.
Investors who sold their coin at $1.3 or higher rate have already recovered their initial $1,000 investment. This means the investors will get remaining 9200 plus token free. Hue opportunity to earn big profit.
Currently Sui is trading around $1.31. It is a fact that price will dip down with each unlocking event, but there is no need to worry for the investors as they already have received their initial investment.
Just like Polygon Matic, Sui total supply was 10 Billion. If Sui able to maintain Matic worth it will trade around $1.0 to $1.2 in longer run.
Sui already have provided massive opportunity to early investors. This is the beauty of crypto market which give exponential profit to its user but remember this is only one side of picture. Crypto market moves in both ways. It can also give you big dip any time. So, better to invest wisely in crypto world. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.