An array of important updates on
Sui (SUI) portrays a positive trend for the coin.
First Digital’s FDUSD Stablecoin has been launched on the Sui network, making it the second native stablecoin on it. DNA focuses attention on SUI with its prediction that SUI could become the best purchasing option if Bitcoin goes through a correction. A surge in
Open Interest alludes to increasing interest in the coin. SUI, alongside SOL and AVAX, took a leap as Bitcoin traded in the $90K range, underscoring market interest in these altcoins. On the development side, Monsta Mash, a player in the GameFi space, shared insights on SUI's operations, marking industry recognition for SUI.
The momentum further escalates with
VanEck, launching an exchange-traded Sui offering in Europe. Market predictions have set buoyant price targets, with $4 in the short term and a long-term forecast of $10. Concurrently, SUI continues to be of interest in the meme coin space. Despite the competition, investment in SUI still appears promising as compared to meme coins like Dogecoin (DOGE) and an emerging all sport memecoin.
Adding weight to market optimism,
FDUSD Stablecoin has launched on the Sui Blockchain. Further, markets speculate that 300 SUI Coins could gain substantial worth by 2025. With SUI breaking past the $3 milestone, it attracted a new tide in investor interest and demonstrated its capability to surge further. The news of Binance listing the first Sui-based meme token, HIPPO, testifies to its increasing acceptability. Notably, the coin has seen a new ATH in active accounts, thereof entering a parabolic phase.
SUI Coin News Analytics from Mon, 12 Aug 2024 07:00:00 GMT to Wed, 20 Nov 2024 19:19:43 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 2
