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@socialtrends 13.08.2024
Chart

SUI fights the world
sui icon

The simple, yet probably powerful enough set of social metrics for SUI. It gor to the top 3 "trading coins" on a several occasions lately. Historically is a sign of a potential decline (as it got the attention of the crowd) On top of it the sentiment is also positive. One can check for the possible divergence in the "social dominance". That would mean that the crowd attention moving somewhere else, to the new narrative. And then the money will follow (aka dump will emerge). Also, keep attention for the "funding rates" (second chart). They are negative (at the moment of writing). Ideally for the market to crash, we would like to see strong positive funding as well.

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