SUI | Sui & Mysten Lab
2023-05-04

The price of Sui is $1.34 today with a 24hour trading volume of 1 billion dollar, SUI trading on multiple exchanges is live now and the startup has closed its public round recently on KuCoin and OKX
Investors who purchased the native token of the Layer 1 blockchain Sui in a public offering last month are seeing large returns now
Binance accounts for 63% of Sui's spot trading volume, Bybit 16.6%, OKX 10.6%, and KuCoin 7.3%

Sui is a layer one blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.

Mysten Labs, the original contributor to Sui, was founded by by former executives & lead architects of Meta’s Novi Research 
the team responsible for Diem blockchain and Move programming language: Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis...

Sui listings that came in the evening on a day when the FED's interest rate decision may have put pressure on the price so no fomo
 it is necessary to wait for the price to accumulate in a certain range and not to act for fear of losing the opportunity