Recently, Walrus ecosystem tokens have gained popularity, and many traders are paying attention to this project. I have also summarized some key points to share with everyone.
There are actually several ways to participate. The most common is through activities on leading exchanges, where completing certain tasks can earn token rewards. Even more interesting is that the project is about to launch its second airdrop plan, which requires staking tokens to participate—this design is quite clever, effectively locking in liquidity.
Looking at the funding aspect, even large institutional trust companies like Grayscale have launched related products, indicating that institutional-level interest has been established. The project itself has also raised $140 million, with relatively ample funds, which is not uncommon for early-stage projects.
From a price perspective, the current activity is in the $0.4-$0.45 range. Market analysis suggests this is around the cost basis for some major participants. Although theoretically selling pressure might not be very large, the crypto market is inherently volatile, so caution is still advised.
Overall, this project is backed by the Sui main ecosystem, with increasing institutional recognition, and participation methods are quite flexible. If you're interested, make sure to do your own research before making a decision.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
GasGuzzler
· 01-11 11:57
Gray scale has come to take over, so it should be stable now... But it still depends on whether the Sui ecosystem can hold up.
View OriginalReply0
ImpermanentPhobia
· 01-11 10:28
Gray releases are here, and now the institutional topic is going to be hot again. However, the price of 0.4 really makes me wonder if it's the bottom or a trap. Let's wait and see.
---
I've seen the staking lock liquidity move many times. To put it nicely, it's actually just to prevent you from running away. Hey.
---
Raising 140 million sounds like a lot, but who in the crypto world is really short of money? The key is how they spend it later.
---
Sui ecosystem stuff is very popular right now, but not everything that's popular is worth buying.
---
In the range of 0.4 to 0.45, the cost zone could also be the peak. Anyway, I won't move for now.
---
The second phase of airdrops requires staking. Fine, it's the same old套路 again and again.
---
High institutional recognition doesn't necessarily mean safety. That's hilarious; I've heard that too many times.
---
Doing homework is important, but the biggest fear in the crypto world is finishing your homework and still losing money. Haha.
View OriginalReply0
PessimisticOracle
· 01-08 15:03
Gray scale has already entered, now institutions really seem to be optimistic... but the 0.4 price level feels a bit awkward, not sure if it will go up or down
---
I've seen quite a few tricks of locking liquidity through staking, the key is how long it can hold up in the future
---
Another new favorite in the Sui ecosystem? Will it survive the next bear market this time? I'm a bit hesitant to bet
---
1.4 billion in financing sounds like a lot, but you'll realize how tight it is when the money is actually spent
---
Is the airdrop participation threshold really that low? Feels like either to attract attention or genuine confidence
---
Deciding after doing thorough research again, easy to say... who has time for that
---
If you enter at this price level, you'll have several questions in mind, as the volatility is right there
View OriginalReply0
TopEscapeArtist
· 01-08 14:50
The 0.4 level looks like a cost zone... but the last time I thought so, it was directly broken through. Looking at the candlestick chart now, it has a bit of a head and shoulders pattern. Let's wait and see for now.
View OriginalReply0
GameFiCritic
· 01-08 14:46
Staking lock liquidity is indeed a sophisticated gameplay, but the key still depends on whether the subsequent game design can hold up... With $140 million invested, extending the product lifecycle is the core issue. Otherwise, institutional purchases are just purchases, and community retention remains a big question mark.
View OriginalReply0
gas_fee_therapist
· 01-08 14:40
Gray scale is here, indicating that institutions are indeed optimistic, but is this price really the bottom? I have my doubts.
Institutional entry doesn't necessarily mean the price will soar. I've seen many cases of staking and airdrops, be careful not to get caught.
Sui ecosystem projects are piling up. Why can Walrus stand out?
1.4 billion in funding sounds like a lot, but upon closer inspection, is there enough to go around for so many people?
I'm still observing the $0.4 range, not in a rush to jump in.
Recently, Walrus ecosystem tokens have gained popularity, and many traders are paying attention to this project. I have also summarized some key points to share with everyone.
There are actually several ways to participate. The most common is through activities on leading exchanges, where completing certain tasks can earn token rewards. Even more interesting is that the project is about to launch its second airdrop plan, which requires staking tokens to participate—this design is quite clever, effectively locking in liquidity.
Looking at the funding aspect, even large institutional trust companies like Grayscale have launched related products, indicating that institutional-level interest has been established. The project itself has also raised $140 million, with relatively ample funds, which is not uncommon for early-stage projects.
From a price perspective, the current activity is in the $0.4-$0.45 range. Market analysis suggests this is around the cost basis for some major participants. Although theoretically selling pressure might not be very large, the crypto market is inherently volatile, so caution is still advised.
Overall, this project is backed by the Sui main ecosystem, with increasing institutional recognition, and participation methods are quite flexible. If you're interested, make sure to do your own research before making a decision.