In the ever-evolving world of cryptocurrency and blockchain gaming, a new contender has emerged: Sui Monster. This project creates unprecedented value in the gaming industry, as it has been implemented based on the Sui blockchain. At the moment, the game’s native token, SUIMON, has seen an impressive 13.62% increase in the past 24 hours, and with that, Sui Monster is slowly growing to become a prominent contender in the field of crypto games.
Just launched this year, Sui Monster’s new token SUIMON has a current price of $0.00003681, and circulating supply is at $368,120. I guess that it has fairly low price, but the token distinguishes itself with a potential for growth: within the past 24 hours, it reached an average daily trading volume of $77,030. The current level of activity in the project and the related technology suggests that there is increasing interest in this project.
A significant aspect that defines the potential of Sui Monster is actually the total number of tokens, which constitutes ten bln SUIMON and is equal to the circulating one. The fixed supply results in the feeling of the scarcity of a property and its possible increase in value in the short or long run, attracting both intraday chasers and loyal holders. Thus, extending the possibility to make the whole supply circulating turned into one of the key decisions of the project that contributes to increasing transparency and free-floating.
There are several benefits of using the Sui blockchain for gaming applications, of which Sui Monster is built. Due to the fact that Sui has been rated high in terms of throughput and low latency, the platform can then enable the development of gaming interfaces that are pleasing to the eye and sensitive to input commands from gamers. These technical advantages put Sui Monster in a better place where it can offer a better user experience in comparison with competitors, as well as the ability to scale.
Hitherto there is also still some uncertainty regarding Sui Monster’s gameplay and intrinsic features, however, its impressive ascent in the crypto rankings speaks for the intense value proposition. At the time of writing, Sui Monster occupies only the 3819th line in the global ranking of cryptocurrencies; however, it has bypassed many well-developed projects and foretells further development.
The use of cryptocurrencies in the gaming industry has been rapidly growing, and with players such as Axie Infinity and The Sandbox, the use of blockchain for gaming is now seen as the new trend. Sui Monster seems to be riding on this trend, doubling down on the creation of an entirely new genre of gaming using the full capabilities of the Sui blockchain.
Like any other new emerging crypto project investors should tread with caution when investing in Sui Monster. Despite this, the project looks promising, however, the experience of the cryptocurrencies market suggests that in-depth researches and critical evaluation of the risks and opportunities should be conducted before investing in any project.
Sui Monster needs to strengthen its place within the nucleus blockchain gaming market during the next several months to retain a competitive advantage. Its potential to achieve the targets it set out, to prove it has a loyal fan base, and to maintain its market initiative, will contribute to a success rate and sustainability of the project.
