Bluefin's protocol revenue is absolutely dominant in Sui.
Its protocol profitability is 2-3 times that of MMT, yet its FDV is only 1/10 of MMT's???
Either $MMT is severely overvalued, or $Bluefin is severely undervalued.
Sui is a large public chain with an FDV of 20 billion, featuring a super application built around Protocol, Dex, and lending derivatives—consistently ranking first in revenue for a long time. It aggressively buys back tokens every month and is now collaborating with SuiG, a US-listed company closely associated with the Sui Foundation, giving it a foothold in Wall Street. FDV of 60M?
Therefore, either Sui's chain will never take off, or Bluefin's market capitalization will climb to a new order of magnitude. There is no third possibility.
$BLUE Up Only!