Community Call

SUI has recently shown strong market performance, entering the top 20 in market capitalization, with significant price rise expected in 2024. The ecosystem is rapidly expanding, attracting numerous DeFi, Wallet, and gaming projects, with a strong team behind it. Despite facing challenges such as market competition and lack of applications, SUI still has good development potential.

Firm belief after a security crisis: Why does SUI still have the potential for long-term rise? 1. A chain reaction triggered by a single attack On May 22, 2025, the leading AMM protocol Cetus deployed on the SUI network was attacked by hackers. The attackers exploited a logical vulnerability related to the "integer overflow problem" to launch precise manipulations, resulting in losses of over $200 million in assets. This incident is not only one of the largest security incidents in the DeFi space so far this year but also became the most destructive hacking attack since the launch of the SUI mainnet. According to DefiLlama data, the total TVL of SUI across the chain plummeted by over $330 million on the day of the attack, with the locked amount of the Cetus protocol evaporating by 84% in an instant, dropping to $38 million. As a result, several popular tokens on SUI (including Lofi, Sudeng, Squ

The HIP Token Claim Guide provides detailed steps, allowing users to successfully claim and withdraw tokens after 10:00 on April 23rd. Gameta plans to expand its ecosystem in 2024 with a multi-chain layout and innovations in Web3 assets, as well as launch a new social platform to give back to the community.

The Sui Blockchain's market capitalization recently jumped into the top 20, with a TVL surpassing 1 billion USD. The ecosystem encompasses DeFi, Wallets, games, and Meme Tokens. Despite advanced technology and an experienced team, it still faces challenges such as market competition, project transparency, and sustainability.

The era of PFP has come to an end, can Gameta open a new epoch for NFTs? After the controversial launch of Azuki's new series Elementals, the PFP NFT market suffered a heavy blow. Not only did Azuki's floor price plummet significantly, but the entire "blue-chip NFT" sector also faced dual blows to its reputation and prices. This marks the official retreat of PFP NFTs lacking practical application scenarios, and the so-called "blue-chip NFTs" like the "Bored Apes" have completed their historical mission in this phase. However, crisis and opportunity coexist. The end of the old narrative of PFP also provides an opportunity for the transformation of the NFT track, beginning to enter a new stage supported by actual scenarios and achieving large-scale applications. In the past bull market, a large amount of capital flowed into the NFT space, giving rise to top "blue-chip NFTs" like Bored Ape and Azuki. This made NFTs a game exclusive to the elites of the crypto circle, with prices often reaching tens or even hundreds.