SUI breaks $1.70, surges 130% – But is a pullback coming?
Sui's price has surged recently, with technical indicators pointing to continued bullish momentum.
Keep up with what's happening in the crypto world in real-time.
Sui's price has surged recently, with technical indicators pointing to continued bullish momentum.
The September months have sparked the initial bullish turnaround for most major altcoins amid the recent Fed rate cut. Historically, the crypto market provides accelerated recovery momentum in Quarter 4, intensifying the buying activity.
As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.
As the cryptocurrency landscape continues to evolve, Grayscale in its recent research titled ‘Grayscale Research Insights: Crypto Sectors in Q42024' has identified six emerging assets, Sui (SUI), Bittensor (TAO), Optimism (OP), Celo (CELO), Helium (HNT), and UMA Protocol (UMA), as high-potential investments for Q4 2024.
Grayscale's updated list signals a strategic shift towards decentralized AI and high-performance infrastructure, highlighting evolving market trends. The post Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 appeared first on Crypto Briefing.
Sui has roughly doubled this year and could be on the fast track to even bigger gains in the years ahead.
Grayscale Research has published a new list of 20 digital assets that have high potential in the fourth quarter of the year.
The cryptocurrency market is always abuzz with speculation, and Sui (SUI) is currently in the spotlight. As of now, SUI is trading at approximately $1.75, and forecasts suggest that the price could rise to $2.00 in 2024.
With the altcoin leader, Ethereum holding its price above the $2,600 mark, the Layer-1 (L1) market has regained momentum. Notably, some altcoins have recorded a double-digit surge within the past seven days. This indicates a rising dominance of altcoins in the crypto space. Following this, investors are raising speculations about a potential AltSeason.
The Sei & Sui prices have been ranging pretty high together for some time. While the SUI price led the rally, the SEI price silently followed the trend. As the market dynamics are changing, the SEI price is gaining huge momentum and rising above the crucial resistance zone.
SUI price has been on a strong upward trend, capturing the attention of the crypto community as it nears significant resistance levels. With Total Value Locked (TVL) surging past $957 million, the network's fundamentals have strengthened, pointing to increasing investor confidence.
SUI and SEI resemble Solana's 2021 pattern, poised for potential gains.
SUI, the native crypto cryptocurrency of the Sui network, plunged 3.2% during the Monday trading session. This bearish pullback follows the broader market downtick, indicating the temporary cool-off after a three-week rally.
The $SUI token underpinning the Layer 1 SUI network is closing on a new all-time high (ATH) today, while the similarly named $SEI from the Sei protocol is the best-performing Layer 1 token this week.
SUI is on the brink of a key moment as it prepares to retest the $1.45 level following a successful breakout. The recent surge has positioned the cryptocurrency for a crucial test, where the bulls must step in to defend this newfound support.
SUI, a core native cryptocurrency of the eponymous L1 blockchain, is witnessing an excellent rally. Yesterday, it stopped 20% shy of the all-time high despite the pale performance of major altcoins.
Markus Thielen, the Head of Research at 10x Research, savvy traders are shifting their focus from Bitcoin to promising altcoins, and you might want to pay attention. Recent trends show that trading volumes for altcoins have surged as traders look for high-risk, high-reward opportunities amidst changing market dynamics.
SUI is now the 26th-largest cryptocurrency by market cap.
With the bull run in the crypto market heating up, altcoins are preparing for a skyrocketing move ahead. Among the top performers, SUI, STX, and APT are teasing a breakout run ready for a 2X rally. So, let's find the next entry opportunity for a potential 2x gain.
SUI has recently emerged as one of the top-performing altcoins, posting an impressive 120% surge since early September. This rapid price increase has captured the attention of both investors and analysts, as data from DefiLlama reveals that SUI's Total Value Locked (TVL) is approaching the $1 billion mark.
Following the launch of the Grayscale Sui Trust, SUI's daily trading volume exceeded $800 million, with its price doubling to a peak of $1.1 within a week.
In the last seven days, several altcoins have surged impressively, each recording notable gains not seen in a long while. This remarkable uptrend highlights a shift in market sentiment and the potential for lucrative opportunities from the cryptocurrencies listed in the top 100.
The Bitcoin bull market is about to begin and as a result, the altcoins appear to be gearing up for the next move. SUI & SEI prices have been demonstrating massive moves in the past few weeks and hence are believed to outperform some of the top trading altcoins.
A crypto strategist who continues to grow his following with timely altcoin predictions believes layer-1 protocol Sui (SUI) is gearing up to revisit all-time high levels.