Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
SUI price has gained 70% in a week and is targeting $10

SUI price has gained 70% in a week and is targeting $10

HappyCoinNewsHappyCoinNews2024/11/12 11:44
By:HappyCoinNews

Собственный token Sui Network's Layer 1 blockchain SUI has surged 70,5% in the past week and continues to reach new highs, outperforming most altcoins. SUI is currently the 18th largest cryptocurrency by market cap.

According to CoinGecko, SUI is trading at $3,21, up 5,9% in the last 24 hours and 70,5% in the last 30 days. Since November 2023 Altcoyin grew by a whopping 441,76%, and its market cap increased from $584 million to $8,96 billion, demonstrating the potential for huge growth.

CoinGecko Data

About an hour ago, SUI hit a new all-time high of $3,28 and is currently trading at a discount of 3,54%. The total value locked in the blockchain ( T ) Sui is also growing, as evidenced by the data from DefiLlama. In terms of annual indicators, since November 11, 2023 T SUI has grown from $133 million to its current $1,383 billion.

Note that the cost of the token and T Scallop (SCA), a lending protocol on the Sui Network, has also increased. It currently stands at $180 million, up significantly from $1,02 million on August 20. Over the week token SCA rose by 67,95%.

SUI's fundamentals appear strong as kriptovalyuta continues to reach new highs. The altcoin's upward trend is shown on the daily chart of TradingView. SUI trading volume is also increasing, making a rise to $10 possible.

The Relative Strength Index (RSI) for SUI is above 78, which means that kriptovalyuta overbought, and a correction is highly likely in the short term.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Regret Missing Toshi’s Spike? BTFD Coin’s Presale Is Live—And It Could Turn $5K into $450K by the Time It Hits Its $0.006 Target

BTFD Coin is still in Stage 15 of its meme coin presale, priced at $0.0002, with a forecast of $0.006 and a chance to triple holdings using the LAUNCH200 bonus code.BTFD Coin’s Referral Program: Earn Big by Spreading the WordToshi’s Rise Was Real—but the Entry Point’s Long Gone

Coinomedia2025/05/16 14:55
Regret Missing Toshi’s Spike? BTFD Coin’s Presale Is Live—And It Could Turn $5K into $450K by the Time It Hits Its $0.006 Target

Best Crypto Presales to Buy: 3 ICOs with 10x Potential

Nexchain: The AI-Powered Blockchain Built for Speed and ScaleBTC Bull Token: Riding Bitcoin’s Momentum with Leverage$SUBBD Token: Powering the No.1 AI Agent Creator PlatformConclusion

Coinomedia2025/05/16 14:55
Best Crypto Presales to Buy: 3 ICOs with 10x Potential