IA Trade Alert (Patreon)
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My goals are not your goals, I had a small position in SUI as a teeny hedge against SOL but SOL has run off into the distance and the shine has come off SUI... as I said it would.... it is no SOL.
However, what is unusual SEI - almost the twin of SUI has crushed it on my fundamental analysis. All this data is available to you on the SCP Profiler https://www.investanswers.io/product/scp-profiler
MY TRADE
I sold my SUI at $2.86 - rem a small position and rolled it all into SEI at $0.159
Let me explain my Reasons
Activity on SUI has tanked and activity on SEI has exploded.
DAUs on SUI has tanked, DAUs on SEI has exploded.
Why do I care?
Well when you look at relative market caps... SEI trades at 9% the market cap of SUI.
My background is ARBITRAGE and this is an ARB oppty... SEI if it gets a proper valuation ie market cap of SUI it should 11x from here.
SEI on ATR
Down under level 1 aka beat to hell.
SEI/SUI pair chart down 93% -
again SUI very overhyped by people like friends of the channel RP and Marty.
I LOOK AT DATA - nothing else.
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