Today, I want to talk about $WAL again. I see that the market is a bit red for the past few days, many coins are dumping, and $WAL is no exception. Now the price is hovering around $0.089-$0.092 (I checked from CoinMarketCap/CoinGecko, down -3% to -6% in 24 hours). Market cap ~$143M-$149M, circulating supply 1.61 billion, total max 5 billion. Volume is also decent ~$12M-$16M in 24 hours, which means there is liquidity, but we still have to wait for a big pump.

But brother, why am I still bullish? Because Walrus is not just another meme coin – it is a proper decentralized storage protocol built on the Sui blockchain. The DePIN sector is now a hit, the way projects like Filecoin and Arweave have grown, Walrus also has that potential. They offer blob storage – super efficient and chip-like for storing large files like images, videos, data, AI models, NFTs. With Sui’s high speed + low fees, it’s very competitive.

What’s happened in the last few months? Listing on Binance, transaction resumption on Upbit, Coinbase roadmap addition (along with DeepBook), Walrus Foundation’s $140M fundraising news (from a16z, Standard Crypto) – these are all signals of long-term growth. A few projects like 3DOS using Walrus for 3D design storage, apps like T’order recording fast orders with Sui + Walrus. These are real use cases, not just hype.

Of course there is risk. ATH was ~$0.76-$0.97 (last year May), much lower since then. Token unlock, bearish market phase, BTC/ETH movement – ​​all of these are putting pressure. But for those looking to hold long term, this dip seems perfect for DCA. I myself accumulated some last month around $0.10-$0.12, now I want to buy more if it goes below $0.085.

What could happen next? If the Sui ecosystem grows further (like DeepBook, other DeFi/gaming projects), the demand for Walrus will increase. Storage providers get rewarded with WAL, users pay for storage in WAL – it’s a self-sustaining loop. There is also governance, holders can vote.

Last but not least: Don’t think of $WAL as just ‘another Sui token’. It’s the future of DePIN + AI data storage. If you believe in Sui, Walrus is a can’t miss. I'm holding, and buying on the dip. What do you guys think? Are you afraid of the dump or do you see the opportunity? Tell me in the comments! @Walrus 🦭/acc #Walrus $WAL