Mechanism Capital co-founder: SUI shows multiple bullish signals, which may usher in interesting developments

Andrew Kang, co-founder of Mechanism Capital, posted on X that although there is no exact information, he believes that SUI may be about to usher in some interesting developments. Kang listed five reasons to support this prediction: 1. Raoul Pal, who serves as a member of the advisory board, has published a series of posts supporting SUI; 2. Large OTC demand has appeared in the market; 3. Despite the large-scale unlocking, holders remain relatively strong; 4. SUI price trends are positive and there has been no pullback; 5. The recent Mysiceti performance upgrade may bring interesting new applications. Kang also added that some people commented that SUI is issuing grants to promoters, which would be a bullish signal if true.