Recently, the Walrus ecosystem token has gained traction, with many traders paying attention to this project. I've also compiled several key information points that I'd like to share with everyone.
There are actually quite a few ways to participate. The most common method is through activities on major exchanges, where you can earn token rewards by completing certain tasks. What's more interesting is that the project is about to launch a second-phase airdrop plan, which requires staking tokens—this design is quite clever and can effectively lock in liquidity.
Looking at the capital side, major institutional trust companies like Grayscale have launched related products, indicating that institutional-level attention is already present. The project itself has also raised $140 million, with relatively sufficient funding reserves, which is not uncommon for early-stage projects.
From a price perspective, it's currently trading in the $0.4-0.45 range, with some market analysts believing this area represents the cost basis for some major participants. While theoretically the selling pressure may not be particularly high, the crypto market is inherently highly volatile, so it's important to stay alert to risks.
Overall, this project is backed by the Sui main ecosystem, institutional recognition is increasing, and participation methods are relatively flexible. If you're interested, you still need to do your homework thoroughly before making a decision.
Grayscale is here, so the institutional topic is going to be hyped again, but I really don't know if 0.4 is the bottom or a trap. Let's wait and see.
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Staking to lock liquidity is a trick I've seen too many times. It sounds nice, but it's basically just fear that you'll leave, haha.
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Raising 140 million sounds like a lot, but who in this crypto space really lacks money anyway? The key is how they spend it afterwards.
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Things in the Sui ecosystem are hot right now, but not everything that's hot is worth buying.
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In the 0.4 to 0.45 range, it could be a cost area or it could be the top. Anyway, I'm not making any moves first.
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The second round of airdrops requires staking. Fine, it's just one trick after another.
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Does high institutional recognition guarantee safety? That's funny, I've heard that too many times.
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Doing your homework is important, but what crypto fear the most is that you do all your homework and still lose money, haha.
Grayscale has arrived, which shows institutions are indeed bullish, but is this price really the bottom? I have my doubts.
Institutional entry doesn't guarantee it will take off. I've seen this whole staking and airdrop playbook many times. Be careful not to get trapped.
Sui ecosystem projects are packed together. What makes Walrus stand out from the crowd?
140 million in funding sounds like a lot, but when you think about it, is there enough to go around for so many people?
In the 0.4 USD range, I'm still observing, haven't rushed to get in yet.
Recently, the Walrus ecosystem token has gained traction, with many traders paying attention to this project. I've also compiled several key information points that I'd like to share with everyone.
There are actually quite a few ways to participate. The most common method is through activities on major exchanges, where you can earn token rewards by completing certain tasks. What's more interesting is that the project is about to launch a second-phase airdrop plan, which requires staking tokens—this design is quite clever and can effectively lock in liquidity.
Looking at the capital side, major institutional trust companies like Grayscale have launched related products, indicating that institutional-level attention is already present. The project itself has also raised $140 million, with relatively sufficient funding reserves, which is not uncommon for early-stage projects.
From a price perspective, it's currently trading in the $0.4-0.45 range, with some market analysts believing this area represents the cost basis for some major participants. While theoretically the selling pressure may not be particularly high, the crypto market is inherently highly volatile, so it's important to stay alert to risks.
Overall, this project is backed by the Sui main ecosystem, institutional recognition is increasing, and participation methods are relatively flexible. If you're interested, you still need to do your homework thoroughly before making a decision.