SUI: Price is under a lot of pressure

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SUI: Price is under a lot of pressureSUI / US DollarBINANCE:SUIUSDmukit1The series of massive token unlocks is not helping the price for SUI. Fundamentally, the project is strong and building solutions for easy development platforms and scaling. The side projects such as Walrus and Nautilus make it a fully self-sustaining ecosystem. Along with ETF filings and defi growth, the multi chain expansions are nothing but excellent performance. However, the price chart looks like a meme coin crash! What on earth is going on over there? The answer to this question lies in their tokenomics. Unlike other chains, they have monthly dilutions and pretty hefty ones. Since May 2025, SUI has been flooding the market with 1-2% of supply every first of the month. This is putting a massive pressure to an already weak market. the October unlock lined up with the overall crypto market flash crash and the price hasn't recovered since. Now, we may have only one path to see this correction through. We may see a yearend rally back to $1.7, but that will most likely be a wave C of 2. At this point, the Unlock schedules next year will again put massive downward pressure. We might see a slow bleeding downwards until April or May of next year. By the time SUI completes a complete 5 waves moves, price might go below $.50. There is a support zone between $.45 and $.35. If that breaks, then the floor might not exist. Overall crypto market might need another 3 - 6 months to find the long-term bottom. Until we get some kind of excitement coming back in the market, it is not the time to put the USD to use.