Grayscale has introduced a new crypto fund for
Decentralized AI Project Bittensor's TAO and
Layer-1 Network Sui's Token. Prominent crypto traders who have been dealing with Aave, Sui, and THORChain have predicted that a presale star could be the next crypto moonshot.
Sui has set new standards in Blockchain Speed by launching a new Mainnet Consensus Mechanism.
Sui is now competing with Solana and is considered to have significant long-term potential.
Sui recently made progress when it collaborated with First Digital's
$3B Stablecoin, strengthening its position in the DeFi market. However,
SUI Token recently experienced a steep fall, plummeting down to $0.9. Regardless, Sui Network overtook Aptos and Cardano in value locked, and received a $310M inflow within 30 days. Sui hit a low despite ecosystem growth but is speculated to possibly rebound. The Sui Builders platform is now running on AWS Blockchain Node Runners.
Sui made waves with the recent launch of their first native non-wrapped stablecoin,
$FDUSD. Rumours are that the
Sui crypto price is expected to reach
$1.54 by May 04, 2024.
Sui has stirred up debates about claims related to its token supply. The company also quashed rumors of centralization, insisting that the founders do not control 84% of the token supply.
SUI Coin News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Thu, 08 Aug 2024 12:12:02 GMT -
Rating 2
- Innovation 4
- Information 6
- Rumor -1
