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Sui secured a multiyear partnership with Formula One's Oracle Red Bull Racing team, marking its most significant collaboration since its inception as a blockchain less than a month ago. The news nudged the value of Sui's native token (CRYPTO: SUI) up by 1.7%, albeit temporarily.
Layer-1 blockchain protocol Sui Network has announced that it has inked a partnership with Oracle Red Bull Racing, one of the most popular Formula One racing teams. Per the terms of the announcement, Sui Network revealed that as the blockchain partner, it is working with the team to develop immersive digital experiences that its fans
Sui will roll out a series of digital experience for racing fans over the coming months.
A recent storm has erupted in the crypto community, surrounding a curious case of alleged intellectual property theft involving SuiSwap, the rising DeFi platform. Noted for a striking similarity in its software metadata to the established AptosSwap, concerns have been raised about the originality of SUI's software, with suggestions of copy-and-pasting rampant.
As anticipated above, the Optimism and Sui cryptographic networks are ready for a significant unlock of tokens that will take place within this week.
Optimism and Sui are set for significant token unlocks this week, with Optimism's release increasing circulating supply by 114%.
Crypto networks Optimism and Sui are getting ready for token unlocks this week that will significantly increase the circulating supply of their tokens.
Crypto networks Optimism and Sui are set for large token unlocks this week that will increase each of their circulating supply of tokens.
Several prominent crypto projects will be unlocking tokens this week. The move could have an impact on token prices as markets are currently in the green.
The crypto market once again experienced a sell-off this week, leading to a plunge in the price of many crypto assets. The impact of this market downturn is not limited to Bitcoin alone, as it has affected various cryptocurrencies, including Sui (SUI), a Layer 1 smart contract platform.
According to the most recent Sui price analysis, the market has displayed a bullish trend with signs of recovery over the past 24 hours. Despite a gradual price oscillation, the bulls have successfully gained dominance on the price chart by elevating the coin's value.
BeInCrypto looks at the five biggest altcoin losers in the entire crypto market this week, specifically from May 19 to 26.
Cryptocurrency experts are sounding the alarm over the SUI cryptocurrency, raising suspicion of potentially fraudulent activities associated with the digital asset.
The Sui (SUI) support breakdown could catalyze a sharp fall
Three weeks after its mainnet launch, the sui token (SUI) drops to an all-time low (ATL) as the broader crypto market turns red.
SUI Price Analysis: In the 4-hour time chart, the sideways trend of the SUI coin price is strictly resonating between two converging trendlines. The price action bounced off twice from the upper trendline thrice and the lower trendline twice reflecting its strong influence on market traders.
As the cryptocurrency market continues to trade sideways with seemingly not many surprises up its sleeve, the leading position among the most trending cryptocurrencies continues to belong to the internet meme-inspired digital asset Pepe (PEPE).
The top trending cryptocurrencies can generate quick returns but require deeper understanding on the part of investors to capture gains.
Today's dynamic cryptocurrency market presents Tron (TRX), Kava, Curve DAO Token (CRV), Render Token (RNDR), NEO, and IOTA as top performers, while PepeCoin (PEPE), SUI.io, Mask Network (MASK), Stacks (STX), Lido Staked Ether (LDO), and Casper (CSPR) grapple with declines.
In today's crypto market analysis, we spotlight the tokens making significant strides and those navigating through challenging waters. Today's victors include SingularityNET (AGIX), Kava (KAVA), Injective Protocol (INJ), XinFin Network (XDC), and Blockstack (STX).
The burgeoning crypto industry is evolving rapidly, driven by the constant emergence of new trends and market movements.
[PRESS RELEASE – New York, United States, May 19th, 2023] Hyperspace, the pioneering NFT marketplace, and launchpad, today announced a partnership with Mysten Labs, a web3 infrastructure company and original contributor to Sui, a Layer 1 blockchain, to help bring Hyperspace onto the protocol.
In a landscape as vibrant and volatile as the crypto market, today's top performers comprise of Mask Network (MASK), Render Token (RNDR), Ripple (XRP), Injective Protocol (INJ), Conflux (CFX), and Nexo (NEXO). On the flip side, we see a few heavyweights and a couple of upstarts grappling with the market's downward pull, including Lido (LDO), Axie Infinity (AXS), Optimism (OP), Sui (SUI), Arbitrum (ARB), Immutable X (IMX), and Chainlink (LINK).
TURBOS and SUIA on Sui Network experienced sharp declines, with official addresses selling tokens at listing, raising quality concerns. Previously, TURBOS announced to refund IDO users.
