Coin Bureau: SUI will rise to $2.00

The window it was checked over

SUI closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

And this is good because it means there's only one way that this metric can go, and that's up. Notably, this flatline in activity underscores the idea that DeFi whales were behind the recent rally. To be fair, it does look like there was a small spike in new accounts on the Sui blockchain. And this is probably a consequence of retail investors aping into the recent rally. For once, their FOMO could pay off because it looks like Sui has a lot more room to run, both in the short term and in the long term. In the short term, Sui could reclaim its spring highs of around $2. If it manages to break above this high, then the next target would be somewhere around $3, possibly as high as $4. And this would work out to around a 3 to 4x from Sui's current price and a 6 to 8x from its lows. Kudos to those who doubled down. In the longer term, Sui could pull a 10 to 20x from its current price. And this would give it a market cap of around $35 billion or around $70 billion respectively. And note that these longer-term price targets do factor in the unlocks we're likely to see over the next year, which are actually quite gradual compared to the cliff we saw in May. More importantly, these longer-term

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.