The rise of the Sui ecosystem: a review of the current popular "water attribute Memes."

Author: Deep Tide TechFlow

Thanks to the market sentiment recovery brought about by interest rate cuts, the previously well-performing $SUI has once again led the market with impressive price performance.

This coin often reacts ahead of its ecosystem, and its ecosystem will not disappoint $SUI's serious efforts. Although the recent on-chain market sentiment has mainly revolved around various speculative concepts of the ETH mainnet, outside the excitement of the mainnet, Memecoins in the Sui ecosystem have also captured part of the Meme craze's traffic, with several Meme IPs recently being heavily promoted.

Deep Tide TechFlow has compiled a list of currently popular Memecoins in the Sui ecosystem, introducing readers to Sui's "water attribute Meme."

Note: This article only reviews projects based on market trends and does not provide any investment advice. Meme carries risks; please participate with caution.

$BLUB: Continuing Pepe Culture in Sui

Current Market Cap: $49.2 million

Official Account: https://x.com/blubsui

Contract Address:

0xfa7ac3951fdca92c5200d468d31a365eb03b2be9936fde615e69f0c1274ad3a0::BLUB::BLUB

Project Introduction: $BLUB was launched in late June this year and has become the highest market cap Memecoin in the Sui ecosystem in less than three months. From the official introduction and design, it combines the core culture similar to Pepe with the water characteristics of the Sui ecosystem. The rapid price movement suggests it may become the first Memecoin in the Sui ecosystem to exceed a market cap of $100 million.

$FUD: The Highest Market Cap Doge Meme in the Sui Ecosystem

Current Market Cap: $27.7 million

Official Account: https://x.com/fudthepug

Contract Address:

0x76cb819b01abed502bee8a702b4c2d547532c12f25001c9dea795a5e631c26f1::fud::FUD

Project Introduction: FUD is an airdrop distributed to the Sui NFT community in December 2023. To ensure fairness for the Sui OG community rewards, $FUD does not have team or pre-sale allocations. Since its early launch, $FUD has been integrated into multiple DeFi and GameFi projects within the Sui ecosystem.

SUICUNE ($HSUI): Water-type Pokémon

Current Market Cap: $4.5 million

Official Account: https://x.com/HsuiOnSui

Contract Address:

0x8c47c0bde84b7056520a44f46c56383e714cc9b6a55e919d8736a34ec7ccb533::suicune::SUICUNE

Project Introduction: The name and Meme image clearly indicate that the project is inspired by the Pokémon "SUICUNE," known as "水君" in Chinese. The project was launched relatively early, having already experienced a significant surge during the Meme market in March this year, and its market cap has remained around one million dollars, with an active community Meme culture.

Sacabam ($SCB): Meme IP of Ancient Fish

Current Market Cap: $3.8 million

Official Account: https://x.com/sacabamfun

Contract Address:

0x9a5502414b5d51d01c8b5641db7436d789fa15a245694b24aa37c25c2a6ce001::scb::SCB

Project Introduction: Sacabam's image is derived from a prehistoric fish called "Sacabambaspis," whose specimen photos went viral online a few years ago, becoming a famous Meme meme (as shown in the image below), leading to the establishment of a community. The project's NFT has a total supply of 3,333, which was minted in November last year.

$LIQ: A Crypto Community of Liquor Culture?

Current Market Cap: $2.7 million

Official Account: https://x.com/Beliquoronsui

Contract Address:

0x9c86d1926a0a39e906f20674d6a35f337be8625ebcb6b799ee8ff011f328bee2::liq::LIQ

Project Introduction: Liquor culture originated in 2019, initially active in the Solana ecosystem. After the Suibasecamp event in Paris, the community believes that the Sui ecosystem has the potential to become the next Solana. The community claims to combine Meme culture with the advantages of the Sui ecosystem, and the community culture often seems to be associated with liquor culture. The project has been online for three months and has shown active trading volume recently.

Suishicat ($suishi): The Subculture Cat Cult of the Sui Ecosystem?

Current Market Cap: $1.9 million

Official Account: https://x.com/suishicat_sui

Contract Address:

0xebb4eb552f807a28a1601e804ccaf91796ddc46407ba1b07381333111ed29d46::suishi::SUISHI

Project Introduction: The origin and intention of Suishicat are somewhat random. From the official website style and self-introduction, the project team seems to prefer subculture. The website's meme and avatar generation features are quite similar to the Milady style. The focus is on the fact that $suishi has a short launch time but has shown good price trends and trading volume, making it a rare cat-themed Meme in the Sui ecosystem worth keeping an eye on.

Suiba Inu ($SUIB): Sui Trading Bot

Current Market Cap: $1.2 million

Official Account: https://x.com/suibaonsui

Contract Address:

0xed4504e791e1dad7bf93b41e089b4733c27f35fde505693e18186c2ba8e2e14b::suib::SUIB

Project Introduction: Suiba Inu is a Telegram trading bot for the Sui ecosystem, with functions similar to other trading bots on different chains.

The project's image and name clearly draw inspiration from Shiba Inu, and the official statement indicates that the token $SUIB has not been assigned any direct use case; it is merely a Meme. The reason for its selection today is that the co-founder of Sui interacted with the project team this morning, leading to a direct price surge.

Summary: Still Early, Enter with Caution

Although the Memes in the Sui ecosystem have attracted a wave of new attention through price surges, upon further understanding of the popular Memes, we find that the current pool of Sui Memes is relatively small. Small investments for entertainment participation are acceptable, but blindly going all in is not advisable.