Scott Debevic
Jun 17, 2024

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Thank you for reading and commenting, CruptoD. I lend Sui on Navi protocol and Scallop. You can find them on this list from Defillama: https://defillama.com/chain/Sui.

I've sold nearly all my Arb, OP, and Matic. Like you said, Arb and Op are getting diluted with no buy pressure. If you want to wait and hold, that's a strategy. Or, you can cut your losses and transfer funds to something that may be a faster horse.

I can see Matic bouncing back, but I'd argue it's less relevant than in the last bull cycle. Now, it has stiff competition. It seemed like Matic had a good thing going with NFTs for concert tickets, sporting events, etc., but I'm not sure if that's enough.

I agree with you about SOL and LINK. They are safer plays than SUI, but I don't think they can experience the same upside.

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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