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Despite a notable 6% drop in Sui price, surging daily inflows have caught the attention of the broader market. This paradox raises questions about Sui's current state and whether the correction phase has concluded.
SUI price recently reached a new all-time high (ATH) earlier this month, driven by a wave of optimism among traders. However, the altcoin has since dropped by 21%, breaking through a key support level and triggering concern.
Over $1.5 billion in crypto tokens is set to flood the market this week, led by major unlocks for TIA, SUI, MEME OP IMX ZETA TRIBL DYDX GAL ADA AGI, etc. which will see huge amounts added to their circulation.
SUI has a track record of drawing capital from high-cap altcoins in bearish markets. Does this ensure a rebound?
Sui Network has announced that the fix for its staking reward distribution issue will go live on October 27, 2024, at 17:30 UTC, coinciding with the start of epoch 564. The problem began on October 24 during the transition to a new epoch, which triggered a bug that prevented the distribution of staking rewards for
SUI, the native token of the Layer-1 blockchain Sui, recently reached an all-time high of $2.36 on October 12. However, a surge in selling pressure has halted the token's upward trajectory.
As SUI dips further into bearish territory, technical indicators are increasingly signaling a challenging path ahead. A key measure, the Relative Strength Index (RSI), has turned negative, suggesting that selling pressure is mounting and that more downside may be on the horizon.
With the Bitcoin price plunging below the $67,000 level, the crypto market has experienced a significant correction in its valuation over the past few days. Moreover, the altcoin market has recorded a major correction with top tokens breaking down their important support levels.
The popular tokens SUI & SEI have gained immense attention after they demonstrated monstrous moves in the past few weeks. Besides, they managed to attract huge volumes that kept up the bullish momentum of both tokens.
Vantard, a new player in the meme coin space, made a notable debut on 22 October 2024, with its first presale round raising $500,000 in minutes. This launch has quickly positioned Vantard as a contender among other blockchain platforms, including Ethereum and Sui.
As the Sui (SUI) price continues to pull sharply back from its recent highs, holders are quickly shifting into an exciting new PolitiFi coin ahead of anticipated exchange listings. The post Sui Holders Are Moving Fast Into This New PolitiFi Coin Before Its Exchange Listing – Here's How to Get In Early appeared first on Cryptonews.
The crypto market extended its correction on Friday's U.S. market session as Bitcoin struggles to surpass the $70,000 barrier. The renewed bearish momentum stalled the recovery trend for most major altcoins.
Sui (SUI) trading volume has dropped by 30% in the past 24 hours, following the token's failure to reclaim the $2 level despite recently reaching a new all-time high.
A widely followed cryptocurrency analyst and trader is leaning bullish on one memecoin while giving his forecast on two layer-1 altcoins. The analyst pseudonymously known as Bluntz tells his 287,700 followers on the social media platform X that Dogecoin (DOGE) is “still turbo strong.
Sui (SUI) price has recently experienced a significant rise, attracting attention amid a struggling cryptocurrency market. Despite facing a downturn over the past week due to market corrections, the overall sentiment remains optimistic.
Sui price is currently retesting the recent breakout from its previous all-time high and is technically aiming for $2.8 in the near term.
As Bitcoin price stabilizes above the $67,000 level, the altcoin market has regained momentum with many blue-chip and mid-cap projects recording double-digit gains in their respective portfolios.
As 2024 draws to a close, the cryptocurrency market is abuzz with anticipation, especially for altcoins that demonstrate potential for substantial profits. Apecoin (APE), SUI, and Rexas Finance (RXS) are particularly notable among these options.
SUI, the native token of the Layer-1 Move-programmed blockchain, reached an all-time high of $2.36 on October 12. However, significant selling pressure has prevented it from moving higher since then.
The downward spiral has reversed the positive sentiment fueled by its week-long rally.
Sui is experiencing deceleration after going through an explosive growth phase in its deceleration.
SUI, the native token of the Sui Network, has seen a 13% pullback in the past seven days, halting its bullish rally. The cryptocurrency broke from a 1-month structure, fueling a bearish sentiment among market watchers, who foresee further downside for the token.
Sui has announced a new integration with Google Cloud, facilitated by ZettaBlock. This partnership will allow developers to access real-time blockchain data through Google Cloud's Pub/Sub service.
SUI price has grown by 27.82% in the last 30 days, driven by notable changes in its Total Value Locked (TVL). After a strong surge in both TVL and price, SUI appears to be entering a consolidation phase.
