Sui Just Survived a $220M Attack — Could This Show of Strength Lead to a Surprise Rally? (Sui Price Prediction)

Description

The Sui price has fallen by 7% in the past 24 hours, with the coin’s drop to $3.86 coming after Sui Network-based DEX Cetus suffered a $220 million hack yesterday. SUI is now down by 1% in a week, but it holds on to a healthy 32% gain in a month and a 250% increase in the past year. And while the Cetus hack is bad news for Sui, validators for the network were able to freeze $162 million in comprised tokens , while Cetus Protocol is offering a $6 million bounty for the return of $56 million in Et...