Sui Price Prediction: Massive 8% Spike Puts SUI Back on Traders’ Radar – New All-Time High Ahead?
Main Idea
The Sui price has surged 8% recently, with predictions suggesting a potential rise to $10, driven by technical indicators and ecosystem growth, while the meme token Snorter ($SNORT) gains traction in its presale.
Key Points
1. The Sui price increased by 8% in the past 24 hours, trading at $3.81, which is 29% below its all-time high of $5.35.
2. SUI has outperformed Bitcoin and Ethereum over the past year, with a 490% increase, bringing its market cap close to $13.4 billion.
3. Technical analysis suggests a potential breakout toward $10, supported by the Relative Strength Index (RSI) at 56.62 and other indicators.
4. Snorter ($SNORT), a new meme coin on Solana, has raised over $2.8 million in its presale, offering features like copy trading and staking rewards up to 152% APY.
5. Early buyers of Snorter can purchase tokens at $0.1007, with the project gaining momentum due to its built-in trading features and Telegram integration.
Description
The Sui price has jumped 8% in the past 24 hours, after Swiss bank AMINA became the first in the world to offer trading and custody services for the SUI token. Often described as an “Ethereum killer” for its advanced smart contract capabilities, SUI is now trading at $3.81 – just 29% below its all-time high of $5.35 set in January. Not only has SUI outpaced Bitcoin and Ethereum in the market’s latest rally, but it’s also one of the top-performing tokens of the past year, soaring 490% since Augus...
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