According to Eric Cryptoman, $HIPPO has successfully reversed the entire dump caused by the alleged scam involving Wintermute Trading and Binance, and is now trading at a higher price. This recovery suggests a potential cycle bottom for the $SUI meme coin, indicating a strong upward momentum in the market.

According to @AltcoinGordon, the current sentiment that 'crypto is over' is reminiscent of past market downturns, such as the FTX collapse and the 2018 bubble burst. He suggests that traders should stay resilient, learn from these events, and expect a market recovery (Twitter source).