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SalmonationNews - The Salmonation $SUI token continues its positive price movement trend in the Pancakeswap decentralized marketplace (DEX) trading on Binance Smart Chain. $SUI again scored an all-time high (ATH), which aligns with the encouraging growth of project development.
Since the beginning of the year, the Salmonation token has recorded an increase of around 228%, with a low of $0.0045 (Rp 67) rising to approximately $0.01485 (Rp 218.67) on Tuesday (2 May 2023). Despite the uncertain global market conditions and the crypto industry experiencing a prolonged “winter," Salmonation (SUI), launched on Binance Smart Chain in March 2022, has consistently grown through the turbulent crypto times.
Not only price increases. In terms of the number of Holders, $SUI has more than doubled over the past year. If there were only around 700 holders in the first week, at the beginning of May 2023, there were 1950 token holders on the blockchain explorer site Bscscan.com.
Salmonation is transformed into a rare phenomenon—a project with an Indonesian developer that survives as a profitable investment asset in the long term. Meanwhile, countless crypto projects made by local and multinational developers on the Binance blockchain network experienced only temporary growth, then faded and were eventually abandoned by the developers and their community.
Investor confidence in Salmonation (SUI) must be connected to the activities of the developers behind technical and community development. Therefore, whale and retail holders do not hesitate to continue to accumulate the number of their token holdings.
Some time ago, Developer Salmonation took drastic steps by burning all token supply under the control of 50 million tokens, or no less than 50 percent of the total supply. This makes Salmonation a 100% community-owned blockchain project.
Apart from the Tokenomic side, the development team also plans to make $SUI a utility token that can be exchanged for Be-One Coin after the Be-One Chain mainnet officially operates. The plan to make $SUI a medium of exchange and the main asset in the ecosystem makes this project a bright prospect for investors.
PT Salmonation's CEO for Indonesia, Meidy Salmon Saputra, expressed his appreciation for the trust and support of the entire community and investors. He also stated that he is still committed to continuing his work, with the closest agenda bringing SUI to the mainnet Be-One chain with real economic value. As well as making it a DeFI blockchain with the fastest transactions and high levels of security.