Sui ignites the meme trend, a quick guide to trading tools and popular tokens

Author: Nan Zhi, Odaily Planet Daily

Basic Tools

Wallet

There is basically no difference in functionality among various wallet tools, so I won't elaborate further. The most commonly used wallets include Sui Wallet, OKX Wallet (@okx web3), and Suiet (@suiet_wallet). It is recommended to download them from the official Twitter accounts.

DEX

Mainstream DEXs include Turbos Finance (@Turbosfinance), Cetus (@CetusProtocol), and BlueMove (@BlueMoveOA).

Since memes usually only add liquidity on one DEX, users need to pay attention to which platform to trade on, or use the aggregation trading platform Hop for trading.

Furthermore, among several mainstream DEXs, Turbos Finance is strategically positioned as a meme hub, with official collaborations with many meme tokens, showing excellent trading volume and liquidity. For example, the leading token Blub ranks first in trading volume on Turbos; Cetus has the highest overall TVL but is more inclined towards comprehensive layout; BlueMove has launched the Pump-like imitation MovePump, and the tokens from MovePump will have liquidity added on that platform.

Advanced Section

MovePump

Launched by BlueMove, the overall mechanism is similar to Pump.fun, with a token deployment fee of 0.5 SUI. Due to its short existence, the leading effect is not significant, and no derivative products have appeared yet.

What is particularly special is that BlueMove has added a Farms module in MovePump to encourage users to add liquidity for the tokens. The paper APY is mostly over 10,000%, but its sustainability is questionable.

Telegram Bot

Suiba is currently the only Telegram Bot. Due to the extremely fast transaction confirmation speed of Sui, the Bot does not significantly speed up the transactions themselves. The time difference between user operations lies in the different operational processes and response times between the DEX frontend and the Bot, which can be chosen according to needs.

Popular Tokens

The following are popular tokens observed by the author based on their community, ranked by market capitalization.

Blub

Main Data: Market Cap $56 million; Holding Addresses 21,838; 24H Trading Volume $1.7 million

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

Main Selling Point: A well-known meme on Sui, already listed on multiple CEXs.

Plop

Main Data: Market Cap $9 million; Holding Addresses 1,320; 24H Trading Volume $3.3 million

Official Link: https://x.com/PlopSui

Main Selling Point: Sui mascot; mainnet big brother POΞ calls.

LIQ

Main Data: Market Cap $3.2 million; Holding Addresses 2,330; 24H Trading Volume $130,000

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

Main Selling Point: Relatively long development time, with many external collaborations.

SUIB

Main Data: Market Cap $1.5 million; Holding Addresses 1,762; 24H Trading Volume $280,000

Official Link: https://x.com/SuibaOnSUI

Main Selling Point: Official token of the Bot; has connections with the Sui founder.

MovePump

Main Data: Market Cap $1.3 million; Holding Addresses 1,052; 24H Trading Volume $300,000

Main Selling Point: The first token launched on the MovePump platform.