Sui Dollar is now live.
Issued by @Stablecoin, a @Stripe company, Sui Dollar (USDsui) is a native digital dollar built for scalable finance and global payments.
Enterprise-grade issuance. Compliance-ready rails. Onchain liquidity meets real-world payment utility.
Learn more 👇
This is the smartest ecosystem i have seen
$Sui basically integrated tether into its chain and will make money from stables
In return tx are free and users get yield on their stable coins
Wait till institutions get a wind of this
I'm considering adding $SUI into my #Altcoin portfolio.
The markets are heavily mispricing assets at this point, which means that we're looking at tremendous opportunities across the board.
I do think that, with that reason in mind, $SUI should be an anchor to my portfolio in the coming period, as some assets haven't been providing the fundamental growth compared to SUI.
Key updates on the $SUI blockchain:
- The fact that you can earn yield on your Bitcoin is a huge advantage, as nobody wants to have idle Bitcoin and not generate a return on that. With Hashi, it's enabling the ability to be generating yield on the $BTC you hold.
- The fact that you're able to create any market essentially through @DeepBookonSui is a great advantage. You can price and build any option market, or leverage, or even prediction markets.
- The most important one is the fact that everyone is able to send transactions for free on the platform, with a result that AI Agents will be using them the most.
Think about it: AI Agents are always looking for the most optimized way of transacting with eachother.
If they can find a spot where transactions are secure, fast and free, they'll go to that place, and that's what SUI is offering.
- The launch of $USDSui, which is essentially the stablecoin enabling those transactions for free on the blockchain.
I've discussed this with Adeniyi on our show, however, the launch is completely live now, meaning that the actual upside is yet to come.
All these updates aren't going to be having an impact immediately to the underlying asset, as it takes time to grow the ecosystem.
However, you're betting with the assets on the future value of the underlying assets, and in that way, I think that $SUI is tremendously undervalued and should be added within my portfolio as one of my anchors.
On a technical side of things, it's currently looking at the higher timeframe support. Many altcoins have been printing new lows recently, which is terrifying and represents the current sentiment of the markets, but it doesn't mean that this market sentiment will remain forever.
It's actually a time to be looking at accumulating these assets, in order to be yielding yourself a potential upside going forward.
That's why, within this range and even lower, it's a great time to be accumulating and that's why I'm considering adding $SUI within the portfolio.
What do you think? Should I add SUI within the portfolio?
The cost of anything digital that is not scarce goes to zero in fees.
Today Sui announced that moving money is now a zero cost operation via stablecoins. sui:native
It's a big deal for zero cost....
I think the markets are still undervaluing $NEAR by a long stretch.
It's the largest position in my #Altcoin portfolio, and I think it's ready for a big upward breakout.
I've started to emphasize the BTC valuations of #Altcoins at this stage, as that will tell me whether I'll be outperforming Bitcoin (otherwise I'd be better off holding Bitcoin).
Given that NEAR Intents is taking off and the number of swaps is constantly increasing --> a higher amount of revenue is generated.
It opens the door to more upside for the protocol itself, as the current valuation relative to revenue (P/E ratio) is still substantially lower than Solana's or Hype's.
Technically, it's facing strong resistance on the BTC pair, which should be able to break upwards if it does.
If that does happen, and as the markets build stamina through higher highs and higher lows, we can expect a 40-50% run against Bitcoin on this pair.
Every time I zoom out, the alt selloff looks even more brutal. $NEAR should be near fully diluted by now, and given how bullish I am on AI agents in equities, the same thesis applies here. Need to dig into recent developments.
I would pay attention to $NEAR. In Hayes most recent blog post (only 5hr old) he talks about NEAR being his next altcoin of choice. Regardless of your thoughts about this I don’t think that its a good idea to fade Arthur considering his blogs regarding HYPE pushed it double digit % gains.
https://t.co/WKBri83zp0
so hypothetically... what if $TAO just goes from $200 to $2000 in a few months with no real dips?
and then it corrects to $1000 and everyone ignores it because they "already missed it"
and then like 6-12 months from now Open AI or Anthropic IPO at $500b+
and then everyone realizes $TAO is still only 10-20b and it reprices to over $10,000
and then everyone misses that run too because "there was no good entry"
in this hypothetical situation, how much do you regret your life decisions?