According to a recent tweet by popular cryptocurrency account Sui Station on Twitter, the upcoming listing of the SUI token could bring investors handsome returns.
bullish forecast $ Sui Token Listing: Up to $5.2 listing price @Sui Station https://t.co/eMDYHBhLiK
— Kyptos (@azcoinnews) April 25, 2023
The tweet outlines three different scenarios for the listing price of the SUI token based on different comparisons and valuations. The base case predicts a list price of $0.20, which is still profitable compared to the allowable list price of $0.03 and the public price of $0.10. However, a more optimistic scenario predicts a sticker price of $1.20 and $5.2, respectively, which would be a big win for investors.
Sui Station made these predictions by comparing SUI to another cryptocurrency, APT, and using different market capitalization and valuation metrics. While these forecasts are not financial advice, they provide interesting insights into the potential value of SUI.
SUI recently raised $300 million at a $2 billion valuation, and investors could still profit if they go public at a fully diluted market cap that matches their valuation. Even in basic cases.
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according to Kyptos