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To friends following $SUI , here are two recent risks that must be given serious attention:
1. Concentrated ecological and security risks have erupted one after another: within half a month, Volo and Scallop were hacked in succession. Even a contract that was abandoned for 17 months was found to have a vulnerability and was exploited to break in. Even if the team promises full compensation, it’s hard to withstand this kind of repeated trouble in a bear market.
2. On May 1, 74 million $SUI tokens will be unlocked, worth approximately $270 million—selling pressure cannot be ignored.
The price has been oscillating around 0.9. With the combined pressure of both security and unlocks, it could drop to even lower levels.
When operating on-chain in a bear market, be cautious. No matter how responsible the project team is, they can’t fend off all kinds of strange twists and turns in a bear market. Capital safety always comes first.
#WCTC交易王PK #比特币突破7.9万美元 #加密市场普遍上涨 $BTC $ETH $SUI