Back
Research

Bullish Case for SuiPad

Decentralized launchpads have emerged as a vital platform for new projects to raise funds and for investors to access promising opportunities early on. This is because traditional launchpads have been marred by issues like slow processes, lack of transparency, and price risks for investors.

SuiPad is a decentralized launchpad built on the Sui Network, aiming to tackle these challenges head-on. With its innovative features such as the easy IDO launchpad, Sui Tank, and SuiPad Shield Insurance, SuiPad offers an all-encompassing platform that integrates a wallet, vesting marketplace, and transaction management system.

Backed by Major Investors

One of SuiPad’s strong suits is its backing by major investors in the crypto space, including Slow Ventures, Sino Global Capital, and Coinbase Ventures. Having raised over $300M+, SuiPad has garnered significant support and trust from key players in the industry.

Impressive TVL and Market Cap

With a Total Value Locked (TVL) of over $447M, Sui stands out as the 11th-ranked chain, surpassing well-known chains like Base Chain and Cardano. Despite its impressive TVL, Sui still maintains a market cap of $1bn, leaving ample room for growth, with the potential to reach over $10bn in this bullish market.

High Performance and Potential

What sets Sui apart is its high performance, outperforming established chains like Solana and Avalanche in Transactions Per Second (TPS) and time to finality. This performance suggests that Sui is well-equipped to thrive in the current market conditions and could potentially see a 10-20x increase in value.

SuiPad’s Potential

SuiPad, with a market cap of about $8 million, presents a unique opportunity for investors. With the potential to return over 20x in the bull run, SuiPad offers a premier launchpad for innovative blockchain startups on the Sui network.

Investing in New Altcoins

In the current bull market, new altcoins with low market caps, strong fundamentals, and high-performance ecosystems have the potential to challenge the best-performing altcoins of 2021. Investing in these new altcoins, including those launching on SuiPad, could significantly increase your chances of reaping substantial rewards.

Upcoming IDO

SuiPad is gearing up for an exciting IDO for a quality project on the 7th. With a minimum price target of $15 and a maximum target of $19, this IDO presents a promising opportunity for investors looking to get in early on a potentially lucrative project, especially considering the current price of $0.124.

SuiPad is a decentralized launchpad built on the Sui Network, aiming to tackle these challenges head-on. SuiPad offers an all-encompassing platform that integrates a wallet, vesting marketplace, and transaction management system.

Suipad
Next Project
Bullish Case for Aerodrome

©2024-2026, Second Mountain Network. All content is original and has been researched and produced by Second Mountain Network unless otherwise stated. No part of Second Mountain Network's original content may be reproduced in any form or referred to in any other publication without the express written permission of Second Mountain Network. The content is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect to any products or services for any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile, or residence. Certain statements contained on this website may be statements of future expectations and other forward-looking statements that are based on Second Mountain Network's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. All content is subject to change without notice. All statements made regarding companies or securities or other financial information on this site or any related sites are strictly beliefs and points of view held by Second Mountain Network or the third party making such statements and are not endorsements by Second Mountain Network of any company or security, nor are they recommendations to buy, sell, or hold any security. The content presented does not constitute investment advice, should not be used as the basis for any investment decision, and does not purport to provide any legal, tax, or accounting advice. Please remember that there are inherent risks involved with investing in the markets, and your investments may be worth more or less than your initial investment upon redemption. There is no guarantee that Second Mountain Network's objectives will be achieved. Further, there is no assurance that any strategies, methods, sectors, or any investment programs herein were or will prove to be profitable, or that any investment recommendations or decisions made in the future will be profitable for any investor or client. Professional money management is not suitable for all investors. For full disclosures, please refer to our Terms & Conditions page. Second Mountain Network did not pay a fee to be considered for or granted any awards. Second Mountain Network did not pay any fee to the grantor of the awards for the right to promote the receipt of the awards nor was Second Mountain Network required to be a member of an organization to be eligible for the awards. For full Award Disclosure, please refer to our Terms & Conditions page. Past performance is not indicative of future performance.