
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.

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