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Sui network and its SUI token garnered significant attention from the cryptocurrency community. However, not everyone is optimistic about Sui's potential growth. A tweet by well-known crypto influencer @NorthRockLP advised SUI holders to sell their tokens, referring to Sui projects as “complete vaporware,” indicating that the network may never materialize.
Sui Network, the blockchain protocol developed by Mysten Labs has finally launched its mainnet after so much anticipation. The mainnet went live earlier today in what signifies a successful outing for the protocol which has been under development for years.
The core SUI team asked Binance, ByBit, KuCoin, OKX, and other crypto exchanges not to list perpetual trading contracts for the token that was issued today. At least four major exchanges committed to supporting SUI trading on spot pairs with other tokens like USDT, BTC, and ETH.
Leading crypto exchange Binance has finally added the Sui (SUI) token support and launched trading. Binance changed the initially planned time of the launch to 12.00 p.m.
The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization.
SUI tokens were offered to users of multiple crypto exchanges in a presale last week.
The total supply of the SUI token is capped at 10 billion coins, with tokens running on delegated Proof-of-Stake, or dPoS, consensus algorithm.
Sui's (SUI) mainnet is now live, and its native token is now trading across various exchanges like Binance, Bybit, and others. The mainnet went live at 12:00 UTC and began trading across major exchanges for less than $2.
Sui (IOU) SUI token has been trending for its mainnet launch which went live today. The launch of Sui Network mainnet and its native token SUI caused quite a stir in the crypto space because of the reputation of Sui's parent company Mysten Labs.
The much-anticipated Sui blockchain network built out by former developers of Facebook's crypto project finally launches on mainnet.
The much-anticipated Sui mainnet is scheduled to launch on Wednesday, May 3 at 8 a.m. ET. The layer 1 designated Proof-of-Stake (dPoS) blockchain protocol employs a modified version of Meta's Move programming language, originally developed for the Diem project.
Sui launched its mainnet, ending a multi-year development process for the newest Layer 1 blockchain in the crypto arena.
Binance has announced plans to list Sui (SUI) amid the project's initial coin offering (ICO) event, which is set to close today with the launch of its mainnet at 12:00 UTC.
Today is the day, the long-awaited launch of the next “Ethereum killer” SUI is taking place at 8:15 am EST (12:15 UTC). From a purely technical standpoint, SUI does a few things differently compared to Ethereum, and therefore the expectations are high.
The token launch of the Sui blockchain, led by former Novi developers, has attracted much fanfare on the world's largest exchange.
Sui network, a decentralized permissionless smart contract platform, is set to launch its mainnet on Wednesday, 12 pm. UTC. In addition, the Sui network embarked on a journey to distribute its token, SUI, to as many users as possible.
The native token of the Layer 1 blockchain Sui is scheduled to launch today and will be available for trading on centralized exchanges.
Crypto News: Sui Network, a Layer 1 blockchain's native token SUI (IOU) is set to make its debut on the world's largest crypto exchange, Binance. As per the announcement, Binance will list Sui and open trading for its 6 pairs (SUI/BTC, SUI/USDT, SUI/TUSD, SUI/BNB, SUI/EUR, and SUI/TRY) on May 3, 2023.
A recent tweet from an analyst has sparked some controversy in the cryptocurrency community, with the individual labeling the SUI token as "complete vaporware" and suggesting that acquiring an allocation of anything above five billion tokens would be a great sale. The term "vaporware" implies that the token has no real value or substance, essentially branding it as an empty promise.
Ahead of the launch, Sui has raised huge amounts of money: Mysten Labs closed a $300 million Series B round last September, reaching a valuation of $2 billion, according to CrunchBase.
The hype surrounding the Sui network and its native token SUI led South Korea's largest crypto exchange Upbit to join top exchanges Binance, Coinbase, OKX, Huobi, and others. The DPoS Layer 1 blockchain Sui mainnet is scheduled to officially launch on May 3 at 12 pm UTC, said Mysten Labs, the team behind the Sui.
Sui Network, a Layer 1 blockchain network, is launching its mainnet today, May 3, at 12 pm UTC.
Major exchanges have announced that SUI will be available tomorrow. Others had launched early token sales.
The new layer 1 is being called a designated Proof-of-Stake (dPoS) blockchain, said Mysten Labs, the team behind Sui.
