Popular crypto YouTuber Archie, who has over 85,000 subscribers, posted a viral video a few days ago explaining why investors should pay attention to SUI.
The SUI price has been affected by the current market correction and is down over 10% in the last 7 days, now trading around $4.2. However, Archie views SUI as a long-term investment opportunity.
The Next Solana?
In his analysis, Archie reveals that SUI has become his largest altcoin holding, surpassing other significant investments like Casper. What’s particularly noteworthy is that he has allocated 90-95% of his net worth to crypto, showcasing his strong conviction in SUI’s potential.
Drawing parallels to the previous bull run, Archie compares SUI’s current market position to Solana’s journey. While he expects SUI to follow a similar growth pattern, he acknowledges that the multipliers might be more modest this time around.
Why Big Players Are Backing SUI
SUI has caught the attention of crypto elites and institutional investors, often being referred to as the “chosen one” for this bull cycle. Its presence on major exchanges and minimal price corrections indicate strong buying pressure and sustained demand.
Unlike many blockchain projects that lack real activity, SUI boasts a thriving ecosystem. The recent Phantom wallet integration and numerous active projects demonstrate its growing adoption. For those who might have missed the initial SUI opportunity, Archie suggests exploring investments in its ecosystem projects, including decentralized exchanges, lending platforms, and even meme coins.
Looking ahead, Archie projects SUI’s price could reach between $20 and $40 by mid-2025, following the traditional four-year market cycle.
Strategic Profit-Taking for 2025 Retirement
Archie emphasizes the importance of timing in his retirement strategy. He anticipates the crypto market will reach its peak around mid-2025, suggesting this as the optimal window for major profit-taking.
His approach involves a staged exit strategy. Rather than trying to catch the absolute top, he plans to start taking profits when SUI crosses the $20 mark, gradually increasing his sell orders up to his target of $40. This method, he explains, helps avoid the common pitfall of holding too long and missing the optimal exit window.
The YouTuber warns about the anticipated bear market in 2026, suggesting that investors should be mostly in stable assets by late 2025. Understanding market cycles and having an exit strategy, he emphasizes, is crucial for anyone considering crypto as part of their retirement planning.
Read also: Cardano (ADA) vs. SUI: Which Crypto Is the Better Pick for 2025?
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
Source link
