AMA on X

Shocked😱 Hippo eloped with MemeX🦛🐜 The two shouted to send $M to the moon🚀 #MemeX #MemeCore #KAITO

Shocked😱 Hippo eloped with MemeX! The two shouted that they want to send $M to the moon🚀 #MemeX #MemeCore #KAITO

Firm Belief After a Security Crisis: Why SUI Still Has Long-Term Rise Potential? TL;DR 1. The Cetus vulnerability originates from the contract implementation, rather than from SUI or the Move language itself: The root of this attack lies in the lack of boundary checks in the arithmetic functions of the Cetus protocol, which is unrelated to the resource security model of the SUI chain or the Move language. The vulnerability can be fixed with "a one-line boundary check" and does not affect the core security of the entire ecosystem. 2. The value of "reasonable centralization" in the SUI mechanism is revealed during crises: Although SUI has a slight tendency towards centralization with features such as DPoS validator rounds and blacklisting freezes, this is precisely useful in responding to the CETUS incident: validators quickly synchronized malicious addresses to Deny.

The SUI ecosystem is developing rapidly, with TVL exceeding $1 billion and market capitalization entering the top 20. In 2024, the price of SUI Token rose over 100%, with multiple DeFi projects attracting investment and clear technological advantages, but still facing challenges such as market competition and insufficient ecological applications.

Overview of SUI Recent Developments and Ecosystem Growth Recently, with the unlocking of tokens and the launch of cross-chain bridges on the mainnet, along with the unprecedented popularity of meme tokens, SUI has led a new wave of growth, entering the top 20 by market capitalization. Overview SUI is a permissionless, PoS-based Layer 1 blockchain developed by Mysten Labs, founded by former members of the Facebook Libra/Diem team. The project aims to provide instant settlement and high throughput, supporting various latency-sensitive decentralized applications. Market performance Since 2024, SUI has performed remarkably: -