SUI Price Surges 11.8% Amid Bitcoin Rally
SUI rebounds strongly from $2.73 support, testing $3.08 resistance with potential for a breakout and higher targets ahead.
SUI rebounds strongly from $2.73 support, testing $3.08 resistance with potential for a breakout and higher targets ahead.
Sui (SUI) witnessed a notable surge in daily trading activity, with its 24-hour volume soaring by 66% to reach $2.1 billion at the time of writing. This increase in trading volume came as SUI posted a 12.55% gain over the same period, raising hopes of a potential recovery rally.
The crypto market is on high alert as two significant token unlock events for Sui (SUI) and Solana (SOL) approach, with over $250 million worth of tokens set to be released. These events, slated for early July, could introduce considerable short-term volatility and shift market sentiment for both Layer-1 assets.
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