Top Sui Memecoins to Watch in 2024-25

Top Sui Memecoins to Watch in 2024-25

Top Sui Memecoins to Watch in 2024-25

Explore the top Sui memecoins to watch in 2024, including sudeng, Fud the Pug, and Suiman, as they drive growth on the Sui blockchain. Learn about their community-driven development, innovative tokenomics, and the exciting opportunities they present for investors.

The Sui blockchain has quickly risen to prominence within the crypto market, particularly due to its thriving memecoin ecosystem. Since its launch, Sui has attracted attention for its high-performance Layer-1 blockchain, designed to handle the increasing demands of decentralized applications (dApps). Recently, the integration of USDC into the Sui network has played a critical role in boosting its ecosystem. The native support for USDC has increased liquidity and attracted developers, fueling the growth of DeFi projects and memecoins.

 

Memecoins like sudeng ($HIPPO) and Aaa Cat ($AAA) have seen impressive gains, with CoinGecko listing over 30 Sui-based meme tokens with a combined market cap of nearly $300 million. This rapid development highlights Sui's growing popularity in the memecoin sector and presents new opportunities for investors seeking high-risk, high-reward assets. With the increasing memecoin activity in its ecosystem, Sui has positioned itself as a key player in the broader crypto narrative of 2024​. 

 

What Is Sui Blockchain?

Sui is a Layer-1 blockchain that uses the Move programming language, offering a highly scalable and efficient infrastructure for decentralized applications. Sui's network is designed to overcome the common scalability challenges faced by other blockchains, boasting an average transaction processing time of 400 milliseconds and the ability to handle nearly 300,000 transactions per second.

 

This scalability, combined with low transaction fees, makes Sui an ideal platform for memecoins and other blockchain applications. The network’s ability to process transactions quickly and cheaply has attracted developers and users alike, contributing to the rapid expansion of its ecosystem. Sui’s focus on high performance, coupled with recent integrations like native USDC support, further strengthens its potential as a leading blockchain in the DeFi and crypto market. 

 

Why Are Sui-Based Meme Coins Becoming Popular in the Crypto Market? 

Memecoins have quickly gained traction on the Sui blockchain, fueled by the network’s unique features and the growing appeal of community-driven projects. As of October 2024, Sui’s memecoin ecosystem has seen significant growth, with the total market cap of Sui-based memecoins surpassing $256 million. Popular tokens like sudeng ($HIPPO), Fud the Pug ($FUD), and AAA Cat ($AAA) have led the charge, drawing in large communities and experiencing substantial price increases. For example, sudeng saw a 30% surge in just a week, reaching a market cap of over $150 million. 

 

This rapid rise can be attributed to several factors. First, Sui’s low transaction fees and fast processing times make it an attractive platform for memecoins. With the ability to process up to 300,000 transactions per second, Sui allows for quick and cost-effective trading, which is essential for the highly speculative memecoin market. Most transactions on Sui cost as little as $0.0015, which encourages frequent trading and lowers the barrier to entry for users. 

 

In addition, community support and meme culture play a huge role in the success of Sui memecoins. Memecoins thrive on social engagement, with dedicated communities often driving the price and visibility of these tokens. Projects like Fud the Pug have built loyal followings by fostering fun and interactive communities, while others like Suirum ($SUIR) have focused on community-first token distribution models. 

 

However, it’s important to note that memecoins remain highly speculative, with prices driven more by hype than intrinsic value. The potential for high returns exists, but so do the risks of volatility and rug pulls. As always, it's crucial to research thoroughly before investing in such volatile assets. 

 

Top Memecoins on Sui Network 

Here’s a look at some of the most popular Sui-based meme tokens, based on their market cap and popularity. The following memecoins collectively highlight the rapid expansion of the Sui memecoin ecosystem, offering both high-risk and potentially high-reward opportunities for investors in 2024: 

 

sudeng (HIPPO)

 

sudeng is the largest and most popular memecoin on the Sui network, with a market cap exceeding $160 million as of October 2024. The project has gained widespread popularity due to its strong community backing and its fast growth on the Sui blockchain. What sets sudeng apart is its commitment to philanthropy. The project donates 1% of its profits to wildlife conservation, with its first major donation of 5 million Thai Baht (approximately $150,000) going to the Khao Kheow Open Zoo in Thailand. This zoo houses Moo Deng, a baby pygmy hippopotamus that has become an internet sensation and the face of the sudeng token.

 

In early October, sudeng’s price surged by over 30%, reaching an all-time high of $0.018, driven by both community support and the token’s unique branding centered around wildlife conservation. The project’s blend of meme culture and meaningful charitable initiatives has helped it maintain a positive image in the volatile memecoin market. 

Fud the Pug ($FUD)

 

Fud the Pug ($FUD) has become one of the standout community coins in the Sui ecosystem, renowned for its humor and meme-driven branding. Launched in December 2023 as a free airdrop to early supporters of the Sui network, FUD has quickly grown in popularity, establishing itself as the number one community memecoin on Sui. Its success is deeply tied to its mission of spreading "fun, stupidity, and Sui," which resonates with a broad audience of crypto enthusiasts.

 

The coin’s community-focused approach has helped it attract a loyal following, with more holders and integrations than any other token in the Sui ecosystem. It was developed by a decentralized team of Sui builders and supporters, making it a project "by the people, for the people." Since its launch, FUD has seen impressive growth, with a 107% increase in value within a week in 2024, and its total market cap has grown to over $38.7 million. The circulating supply of FUD is currently around 57.5 trillion tokens, with a large portion of the total supply allocated to community initiatives. 

 

FUD's rise is not just driven by memes but by its engaged community and active development team. The project is frequently updated with new integrations and features, making it a key player in Sui's growing memecoin ecosystem. FUDnomics plays a significant role in maintaining its value, with 20% of the supply burned to ensure scarcity, and 50% reserved for the community, further solidifying its long-term potential. 

 

BLUB ($BLUB)

 

BLUB is a rising star in the Sui memecoin ecosystem, often compared to popular tokens like Pepe due to its playful, irreverent branding and chaotic energy. Launched in mid-2024, BLUB embraces its quirky identity as the "dirtiest fish in the Sui Ocean." It channels the creative, meme-driven culture of its creators, drawing inspiration from the same team behind the viral Pepe memecoin. BLUB's appeal lies in its community-centric approach and lighthearted theme, which has resonated with a large number of crypto enthusiasts. 

 

Tokenomics play a crucial role in BLUB’s potential for long-term success. With a total supply of 420.69 trillion tokens, the project has strategically allocated 75% to liquidity on both centralized and decentralized exchanges. Another 10% is dedicated to growth, marketing, and media, while 15% is reserved for contributors, with the tokens vested linearly over three years, starting from June 2024. These elements help maintain a balanced token economy that supports both the community and the coin’s growth. 

 

BLUB has shown promising market performance, with a 10% growth in just the past week, pushing its market cap to over $47 million. Its unique blend of meme culture, community-driven engagement, and tokenomics make BLUB a standout in Sui’s memecoin ecosystem. The playful nature and the dedicated support of the BLUB community suggest that this token could continue gaining traction alongside other Sui memecoins. 

 

AAA Cat ($AAA)

 

AAA Cat is one of the fastest-growing memecoins on the Sui network, having surged over 665% recently. Created as an experiment on the Sui blockchain's Move Pump platform, the project quickly gained traction. What started as a casual idea—a black cat-themed meme token posted on social media by its creator Drippy—rapidly turned into a popular token within the Sui ecosystem. The community’s enthusiastic response led to the token selling out its bonding curve within minutes.

 

As of October 2024, AAA Cat has a market cap of nearly $15 million, positioning it as one of the top-performing tokens on Sui. Its playful and meme-driven branding, combined with its community-focused approach, has garnered significant attention. The project’s tokenomics include a total supply of 420.69 trillion tokens, with 75% allocated to liquidity on centralized and decentralized exchanges, ensuring robust trading activity. The remaining tokens are split between contributors and marketing, with contributors’ tokens vested over three years, beginning in mid-2024. The token’s popularity continues to grow, supported by ongoing community-driven campaigns and listings on popular decentralized exchanges like BlueMove and Turbos Finance

 

SUIMAN ($SUIMAN)

 

Suiman ($SUIMAN) is one of the most promising memecoins on the Sui blockchain, distinguished by its strong community engagement and innovative tokenomics. Launched in 2024, Suiman’s total supply of 1 billion tokens positions it for growth, and a significant portion of the liquidity pool has been permanently burned to create deflationary pressure. This strategy helps maintain long-term value by ensuring scarcity while fostering trust among investors.

 

Suiman’s focus on community-driven development has made it more than just another memecoin. The project emphasizes inclusivity and transparency, with its development team maintaining open communication with its user base. Unlike many meme tokens that ride short-term hype, Suiman aims for sustainability by rewarding long-term holders through features like burns and staking. Its zero transaction tax model also makes it attractive for frequent trading, as users don’t face additional fees when buying or selling the token. Suiman has seen significant price movement, reaching an all-time high of $0.0038 in October 2024 before experiencing a slight decline. 

 

Other Trending Memecoins on Sui Network

Additional memecoins such as SUI Plop ($PLOP) and Liquor ($LIQ) are also gaining traction. These coins show consistent growth, reflecting the broader surge of memecoin activity within Sui. Both tokens have attracted investors with their low entry costs and potential for high returns. 

 

How to Buy Sui Memecoins

By following these steps, you can securely buy and trade Sui memecoins, whether through centralized exchanges like KuCoin or on decentralized platforms like Suiswap.

 

How to Buy Sui Memecoins on KuCoin 

You can also buy memecoins like sudeng ($HIPPO) directly on KuCoin. Follow these steps:

 

  1. Create a KuCoin account if you don’t have one.

  2. Deposit funds into your account, such as USDT, or fund your account by buying USDT with other supported payment methods on the platform..

  3. Navigate to the HIPPO/USDT trading pair.

  4. Place an order to buy sudeng using your SUI balance.

KuCoin’s platform provides an easy way to trade Sui memecoins with high liquidity and minimal fees. 

 

In addition, you can also buy Sui meme coins through Sui network’s DeFi ecosystem. Here’s how to get started: 

 

Step 1: Set Up a Sui-Compatible Wallet

To start, you need a wallet compatible with the Sui blockchain. Popular options include Sui Wallet and Suiet Wallet.

 

  • Sui Wallet: Download the browser extension from the Chrome Webstore and follow the prompts to set up a new wallet or import an existing one. Ensure you securely save your recovery phrase, which is essential for restoring your wallet on other devices.

  • Suiet Wallet: Another user-friendly option, Suiet Wallet lets you create a wallet, manage tokens, and connect with Sui dApps. You can install it by visiting the Suiet official website and adding the Chrome extension. 

Step 2: Purchase SUI Tokens

You’ll need SUI, the native token of the Sui network, to buy memecoins and cover transaction fees. You can purchase SUI on centralized exchanges like KuCoin. After purchasing, transfer your SUI to your Sui wallet to interact with dApps. 

Step 3: Buy Sui Memecoins on Suiswap

To trade memecoins, head to Suiswap, a decentralized exchange on the Sui network. Connect your Sui wallet, then:

 

  1. Select the Sui memecoin you want to buy (e.g., sudeng ($HIPPO)).

  2. Enter the amount of SUI you wish to swap.

  3. Confirm the transaction in your wallet, and the memecoins will be added to your balance. 

Risks and Considerations for Investing in Sui Memecoins

Investing in Sui memecoins can be highly speculative, with the potential for both significant gains and steep losses. High volatility is one of the defining features of memecoins, which can experience rapid price fluctuations driven by social media hype, whale activity, or market sentiment. For example, tokens like sudeng ($HIPPO) can soar in value but also crash just as quickly. The price spikes seen in memecoins often lack fundamental backing, making them prone to sharp declines after the initial surge. 

 

One of the biggest risks is the possibility of rug pulls—a form of scam where developers abandon the project and take off with investor funds. This often happens after a token's price has been artificially inflated, leaving late investors with worthless tokens. Rug pulls are especially common in the memecoin space, where some projects are driven more by hype than by a sustainable vision. Additionally, market manipulation through pump-and-dump schemes can make these tokens even riskier. 

 

To mitigate these risks, it's crucial to conduct thorough due diligence. This includes researching the team behind a project, ensuring the code has been audited, and verifying whether liquidity is locked. Paying attention to these factors can help avoid falling victim to scams or unstable projects. 

 

Closing Thoughts 

Sui memecoins present exciting opportunities in 2024, with tokens like sudeng ($HIPPO) and AAA Cat ($AAA) leading the charge. The Sui blockchain’s low transaction fees and fast processing speeds make it an attractive platform for memecoin development. However, it's essential to recognize the risks involved, including high volatility and the potential for rug pulls. Before investing, carefully weigh the risks and rewards. Stay informed about the latest developments in the Sui ecosystem, as this will help you make better investment decisions.

 

Remember, only invest what you can afford to lose, and always prioritize thorough research to mitigate potential risks. 

 

Further Reading