$WAL Let me be frank about where things stand now: don’t fomo.

The Sui Foundation poured $30 million into DATA Network, and Walrus is going to serve as the default storage for its AI applications. The AI storage narrative genuinely has real substance behind it; it’s not just empty talk. It’s up 35% in 24 hours and nearly 50% in 7 days, with a clear surge in volume—real money is flowing in.

But precisely because it has risen this much, I have to warn you: there’s not much reference above here, so chasing in means betting on whether sentiment has another leg up.

I’ve seen plenty of sector rotations. The storage sector has indeed been siphoning liquidity these past two days, while $FIL and those other old projects are still lying there pretending to be dead. I’ve seen funds pull out of old storage projects and pour into new narratives once, twice, three times. Walrus is worth watching, but if you chase at these highs, you’re not betting on the fundamentals—you’re betting that someone else will still catch your bags without blinking. That’s my one piece of advice, and I’ll leave it there. $FIL