Kevin O'Leary's Promising Altcoin Tip Corroborated by SUI's 70% Weekly Gain

Despite initial concerns over Trump's tariffs, cryptocurrency prices rebounded in April with Bitcoin leading the way, showing a 20.6% market gain. Among the altcoins, SUI network tokens (SUI) topped the weekly gains among the top 100 cryptocurrencies by market cap, appreciating 70% in trading against the dollar.

The impressive performance of the Layer-1 smart contract blockchain currency was attributed to deep market penetration. Analyst Route 2 FI highlighted the strength of SUI's ecosystem. This surge in SUI's performance validates business mogul Kevin O'Leary's endorsement of the altcoin earlier in the month. On a podcast, O'Leary had highlighted SUI as a promising project, a projection that was backed by favorable technical signals on SUI's price chart.