Crypto Investor Andrew Kang: Does Not Anticipate SUI Market Cap to Match SOL
Publication Time:2024-08-12 19:26:05
Cointelegraph reports that Andrew Kang, co-founder and partner at crypto venture capital firm Mechanism Capital, responded to questions posed by top trader Eugene NgAh Sio on social media. Kang clearly stated that he does not expect the market cap of SUI to reach the level of SOL. Despite this, he mentioned that the current market cap of SUI is only 3.5% of SOL's, a ratio similar to discussions in the .eth community regarding SOL's performance surpassing historical periods. This indicates that while there is a significant difference in market value between the two, the market still holds positive expectations for SUI's future growth potential.
SOL
Cryptocurrency
Sui
Mechanism Capital
Market Value Comparison