📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
SUI market capitalization soars into the TOP 20, ecosystem rapidly expands
Recent Progress and Market Performance of the SUI Project
The SUI token has performed strongly this week, with its market capitalization rising to the top 20. This surge is mainly driven by the following factors:
SUI Project Overview
SUI is a permissionless PoS Layer 1 blockchain created by former Facebook Libra/Diem team members. Its main features include:
Market Performance
SUI has been continuously rising since the fourth quarter of 2023:
SUI Ecosystem
The SUI ecosystem is rapidly expanding, attracting numerous developers and enterprises to join. Major projects include:
DeFi project
Wallet
Game
Meme Token
The Meme tokens on SUI have been performing actively recently, mainly including:
Team Background
The main members of the Mysten Labs team come from Facebook's Novi Research and the Diem project:
Token Economics
Key Events in 2024
Technical Advantages
Prospects and Challenges
Advantages:
Challenge:
The SUI project demonstrates long-term development potential through technological innovation and team strength. However, investors still need to closely monitor its ecological development progress and cautiously assess market risks.