SUI price hits a new all-time high - but valuation issues still exist SUI has recently attracted widespread follow, and its development has reached its peak. At the close of the week, its price reached a historical high of $2.30, ranking higher than top AltCoins such as Polkadot (DOT), thus entering the top 15 Cryptocurrencies. This achievement has inspired hope for those who support SUI, as they believe it will become a major competitor in the market. Decentralized Finance noticed the price surge of SUI, with Total Value Locked (TVL) reaching $1 billion. The token ranks higher than Avalanche (AVAX) and Polygon (MATIC). Investors have noticed the growing importance of SUI in the Decentralized Finance market, and SUI's forecast shows a continued positive trend in the next three months, with an increase of up to 240%. Currently, the trading price of SUI is $2.04, which has decreased by 4.3% in the past 24 hours, but has continued to pump by 8.7% in the past 7 days. The rapid rise of SUI has excited many people, but it has also raised doubts. In fact, some analysts doubt whether the current market capitalization of the Token is in line with its actual fundamentals. The value pump has sparked a debate as people try to measure the Market Cap of SUI to identify potential issues. This situation is not uncommon for rapidly expanding coins or Tokens; however, it can also raise some concerns for potential buyers. Insider dumping is another worrisome issue. During the recent pump of Token, a large volume of transactions in the foundation's wallet has raised concerns about its price sustainability. Withdrawing funds during a price surge may indicate insecurity among insiders, leading investors to doubt the long-term prospects. The complexity of SUI's current situation is exacerbated by its Fully Diluted Valuation. SUI has a Fully Diluted Valuation of $1.2 billion, significantly lower than Solana's $4.7 billion. Some market experts claim that Solana's pricing may be incorrect because Solana's Fully Diluted Valuation is less than a third of Ethereum's. This has led some to conclude that SUI is currently overvalued. This comparison also raises the issue of potential market mispricing, which requires investors to weigh the pros and cons before participating. Currently, there is competition among various cryptocurrencies, and understanding the valuation of such projects relative to other tokens can help people better understand each token. Despite the concerns, the recent prospects for SUI remain optimistic. From the perspective of PA, the stock will show a pump trend, as forecasts indicate a significant increase in market size in the coming months. Over the next three months, the price of SUI is expected to pump by 244%, attracting many hopeful investors. Investors are advised to proceed with caution. Given the large volume of insider trading and concerns about valuation, the future may not be as optimistic as expected. It is crucial to monitor market trends and perform Technical Analysis to address the risks brought by the rapid rise of SUI. (Data Source: Christian Encila)

Jinshi data, June 12th news, the governor of the Bank of Korea, Lee Chang-ryong, said that a balanced approach should be taken when considering the timing of policy shifts. This is another sign that, as inflation continues to cool, the Bank of Korea is moving towards easing interest rate policies later this year. Lee Chang-ryong said, "Changing policy stance too late may cause market instability due to weakened domestic demand and continued increase in default rates. Conversely, changing policy too early may slow the pace of inflation deceleration and increase exchange rate fluctuations and household debt growth. As we enter the final stage of combating inflation, a delicate and balanced judgment is needed to consider these pros and cons." Most economists expect the bank to cut interest rates once or twice before the end of the year, with some economists believing that a rate cut could occur as early as August.

Buffett-style value investor Bill Smead believes that inflation may intensify in the coming years, which could lead to a situation similar to the 1970s for the US stock market.

Former Federal Reserve Chairman Ben Bernanke said on Wednesday that he would be "disappointed" if the Bank of England did not discuss the possibility of publishing its interest rate forecasts. Bernanke said that there are pros and cons to publishing interest rate forecasts. He did not recommend that the Bank of England adopt interest rate forecasts because it is a "significant" move, but he expressed his hope to have a discussion with British lawmakers. Bernanke served as the Chairman of the Federal Reserve from 2006 to 2014 and publicly disclosed the interest rate forecasts of various policymakers at the Federal Reserve in 2012, known as the "dot plot." Bernanke said that from a positive perspective, interest rate forecasts provide investors with a strong forward-looking guide. On the other hand, central banks may sometimes be reluctant to provide such strong forward-looking guidance when there is uncertainty in the economy or policy.

PANews reported on April 11 that, according to Cointelegraph monitoring, Paraguayan senators have suspended the progress of the cryptocurrency mining ban and considered selling the excess energy from the Itaipu hydropower plant to miners instead of exporting it to Brazil and Argentina. Senator Lilian Samaniego confirmed that a hearing will be held on April 23 to debate the pros and cons of Bitcoin mining. Earlier, lawmakers were concerned about illegal mines stealing electricity and proposed a temporary ban. However, parliamentarians have changed their attitude and are in favour of investing in infrastructure and expecting higher profits from selling energy to miners. Senators estimate that the licensed mines will generate more than $125 million in revenue for the National Electricity Administration by 2025. The Itaipu hydropower plant in Paraguay has a low cost of electricity, a 45% net profit margin when sold to miners, an annual revenue of $73 million, and a tax increase of $17 million. This could help the Electricity Authority avoid bankruptcy and create more jobs.

Decentralized prediction platform Polymarket's bets on "whether Sam Altman will return as CEO of OpenAI" have become polarized, Golden Finance reported. On Polymarket, the pro-side stock is currently trading at 55 cents, suggesting that the market is right for a 55% chance of pros, which is much higher than the 10% probability estimated 24 hours ago.

🔥 SEC may soon approve spot bitcoin ETF, ❓ How exactly is the much-anticipated spot Bitcoin ETF impacting the market? ⚡️ Learn about the pros and cons of spot bitcoin ETFs after entering the market: https://www.gate.io/blog_detail/3424

Golden Finance reported that CZ stated on X (formerly Twitter) that splitting up large exchanges or splitting liquidity would be detrimental to users, and they would get worse prices. Weighing the pros and cons is worth thinking about.

According to news from PANews on August 28, Animoca Brands released its fiscal year 2022 performance report, which showed that the book value of its investment portfolio (including The Sandbox, GAMEE, REVV Motorsport, etc.) reached US$402 million, an increase from US$291 million in the previous fiscal year. raised more than $100 million. The cash and stablecoin balance is about $191 million. Minority investment portfolio with over 380 portfolio companies. In terms of digital asset value, the total value of digital assets currently held by Animoca Brands exceeds US$2 billion, including The Sandbox tokens and reserves (approximately US$469 million) and PROS, ASTRAFER, QUIDD, PRIMATE, REVV, TOWER, GMEE and other Animoca brand-related tokens (about $1.6 billion).

Babbitt News, on August 12, Tianjin University and Xinchuang Haihe Laboratory held a "Large Model Technology and Evaluation Seminar". At the meeting, Tianjin University released the first "Large Model Evaluation Report", which analyzed the 14 mainstream languages at home and abroad. The model is evaluated for Chinese comprehensive ability. The results show that GPT-4 and Baidu Wenxinyiyan are significantly ahead of other models in comprehensive performance. The scores of the two are not much different, and they are at the same level. It is understood that the large models participating in this evaluation include GPT-4, ChatGPT gpt-3.5-turbo, Claude-instant, Sage gpt-3.5-turbo and other foreign large models, as well as Baidu Wenxin Yiyan, Ali Tongyi Qianwen, Xunfei Xinghuo Cognitive Big Model, ChatGLM-6B, 360 Intellectual Brain, MOSS-16B, MiniMax, baichuan-7B and other domestic big models. The evaluation uses a set of Chinese comprehensive test questions covering knowledge questions and answers, language expression, logical reasoning, common sense questions and answers, text questions and answers, machine translation, etc. Field and comprehensive ability pros and cons.

Babbitt News, on August 12, Tianjin University and Xinchuang Haihe Laboratory held a "Large Model Technology and Evaluation Seminar". At the meeting, Tianjin University released the first "Large Model Evaluation Report", which analyzed the 14 mainstream languages at home and abroad. The model is evaluated for Chinese comprehensive ability. The results show that GPT-4 and Baidu Wenxinyiyan are significantly ahead of other models in comprehensive performance. The scores of the two are not much different, and they are at the same level. It is understood that the large models participating in this evaluation include GPT-4, ChatGPT gpt-3.5-turbo, Claude-instant, Sage gpt-3.5-turbo and other foreign large models, as well as Baidu Wenxin Yiyan, Ali Tongyi Qianwen, Xunfei Xinghuo Cognitive Big Model, ChatGLM-6B, 360 Intellectual Brain, MOSS-16B, MiniMax, baichuan-7B and other domestic big models. The evaluation uses a set of Chinese comprehensive test questions covering knowledge questions and answers, language expression, logical reasoning, common sense questions and answers, text questions and answers, machine translation, etc. Field and comprehensive ability pros and cons.

According to PANews news on August 9, according to official sources, IPOR Labs, an on-chain interest rate derivatives service provider, has incorporated an 8% Enhanced Dai Savings Rate (EDSR: Enhanced Dai Savings Rate) into the IPOR DAI asset management contract, and its DAI flow Sex pools now offer 8% EDSR yield. It is reported that MakerDAO officially launched EDSR in the early morning of August 7th, Beijing time. This is an effective DSR system that temporarily increases the availability of users in the early boot stage when the DSR utilization rate is low. Related reading: Unopposed proposal: MakerDAO raises DSR to 8%, what are the pros and cons for the protocol?  

According to PANews news on June 29, Vitalik Buterin, the co-founder of Ethereum, held an AMA event on Twitter today, aiming at "how to strengthen the relationship between Ethereum and Bitcoin holders?" Buterin said that one of the potential coordination Important areas are more efforts to collectively support non-blockchain freedom + privacy tools such as end-to-end messaging, internet anonymity, end-to-end collaboration tools, secure operating systems, open hardware, etc. In response to "How do you see the pros and cons of MPC (EOA)-based wallets vs. smart contract wallets?" Buterin stated that MPC-based EOAs are fundamentally flawed because they cannot revoke keys (re-sharing does not count, old holders remain keys can be recovered), smart contract wallets are the only option. The user asked about the flaws of smart wallets, and Buterin replied: "1. Yes, BTC needs to upgrade its technology. We have known this for more than 5 years. 2. That is because L1 is expensive overall. Therefore, L2 and smart contracts are required Wallet for more in-protocol support.”