Mike Dudas
lmaooooo PUMP has bought back ~ 2x the dollar amount of tokens in the past week than SUI has in ...
252 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Sui Network's claim of deflationary design is challenged by the low volume of token buybacks. Despite a $33 billion fully diluted valuation, only $6.5 million of SUI has been purchased back in its lifetime, which is significantly less than other projects. This suggests the "deflationary" aspect may not be a strong value driver for SUI at its current valuation.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol