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The circulating supply of SUI tokens will grow by nearly 15% by the end of 2023.

The cryptocurrency market is filled with potentially profitable trades that are sometimes hard to spot. Moreover, there are more than 12k crypto assets tracked by Coingecko and Binance-backed Coinmarketcap. Nevertheless, it is much easier to track the altcoin market in relation to the Bitcoin price action.

Today's cryptocurrency market showcases Casper (CSPR), Internet Computer (ICP), Trust Wallet Token (TWT), Toncoin (TON), Kava (KAVA), and Quant (QNT) as the top gainers, while SUI (SUI), Stacks (STX), Optimism (OP), Mina Protocol (MINA), Lido DAO Token (LDO), Injective Protocol (INJ), and Flare (FLR) have faced losses.

SUI has been trending on Twitter and CoinMarketCap since its mainnet went live. Here's a look at how the blockchain and its native token has fared since launch.

Market volatility and concerns over centralization have accompanied the SUI launch, raising questions about the project's future.

Yesterday marked a new dawn in the crypto industry as the SUI Layer 1 blockchain launched on Mainnet with its hyped native token SUI. The news of the token launch on major exchanges brought excitement to the crypto community, and SUI did not disappoint as its native token rallied massively, recording over 2,000% in the first hour of listing.

A Sui token release schedule has sparked conversations about price dilution amongst the community. How will high supply impact the project?

Tron founder Justin Sun tweeted on Monday that he has arranged a full refund of a $56 million transfer to Binance after the exchange platform's CEO Changpeng "CZ" Zhao warned against a potential token grab of the new SUI token. "The Hash" panel discusses what this means for the Sui blockchain ahead of its mainnet launch on May 3.

The SUI-USDT exchange pair recorded an X20 multiplier on the starting price of the public sale; those who had the token in their crypto wallet got a real bargain!

Layer-1 blockchain Sui has announced the launch of its mainnet on Wednesday as it gears up to take on other decentralized finance (DeFi) heavyweights such as Aptos. The Sui network was developed by Mysten Labs, founded by ex-Meta executives, and uses the Rust-based Move programming language.

The world's largest cryptocurrency exchange, Binance, has once again managed to shake up the crypto market with its latest offering: perpetual contracts for the recently launched SUI token. However, the introduction of these new derivatives has sent the SUI token price into a freefall, with a staggering nosedive of 70%.

SUI Token News: Sui Network, a Layer 1 blockchain's native token SUI just gained the support of more crypto exchanges as it moves towards stability. The SUI Mainnet went live on Wednesday after much anticipation.

The Sui Network, a smart contract layer 1 blockchain, has launched its mainnet and its native token has been listed on top centralized exchanges such as Binance, OKX, and KuCoin. With a fully diluted valuation of nearly $14 billion, Sui has outperformed competitors like Solana.

Sui Foundation launched its Layer 1 blockchain and smart contract platform with a successful token sale on KuCoin, OKX, and Bybit. Meanwhile, the SUI token price has experienced a 70% pullback after hitting a 24-hour high of $2.

Key Points: Recent data has revealed that a significant proportion of the SUI token supply might be sold out, with market makers (MMs) holding approximately 66% of the circulating supply. This concerning development has raised worries among investors and traders about the potential impact on the SUI token's price and market dynamics.

SUI is the native token of the project, it has a total supply of 10 billion.

Recent data reveals that a significant portion of the SUI token supply might be sold out, with market makers (MMs) holding approximately 66% of the circulating supply. This development has raised concerns among investors and traders about the potential impact on the SUI token's price and market dynamics.

The crypto world is abuzz with excitement as the SUI token, a new cryptocurrency developed by Mysten Labs, makes its debut on the Binance exchange platform. Launched yesterday, the SUI token has already garnered significant attention from the crypto community, thanks to its revolutionary technology and the potential to reshape the digital landscape.

SUI nosedived from $3.5 to $1.5 shortly after the mainnet launch.

Today's cryptocurrency market showcases Woo Network (WOO), Conflux (CFX), Fantom (FTM), Rocket Pool (RPL), Curve DAO Token (CRV), and Loopring (LRC) as the top gainers, while Suterusu (SUI), Toncoin (TON), Huobi Token (HT), Elrond (EGLD), BitTorrent (BTT), and Crypto.com Coin (CRO) have faced losses.

FTX's bankruptcy case proceeded as the company moved to recover $3.9 billion from Genesis. Meanwhile, an earlier FTX sale became relevant with the launch of SUI token.

According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for less than $100 million in March. The paper valuation for the tokens is now worth $1 billion.

The Sui Foundation made an announcement Wednesday that the Sui Mainnet is now live, but the token's performance will prove a disappointment for some.

Binance and Bybit launched 50x leveraged perpetual contracts for SUI token, despite the SUI team's request. Second-tier exchanges already launched contracts.