Latest news about SUI cryptocurrency:
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Quick analysis of SUI cryptocurrency - May 20, 2025
Here are the key points regarding the performance and developments of SUI cryptocurrency:
1. Current price and performance:
Price: approximately $3.99
Market capitalization: $13.34 billion
Daily trading volume: $1.53 billion
2. Recent major news:
Surpassed BNB in daily trading volume on May 10.
Exceeded Ethereum in stablecoin transfers worth $42.98 billion.
Open interest rose to over $1 billion (futures contracts).
A massive unlock operation occurred on May 1, but the price remained stable.
3. Technical analysis:
Strong resistance: $5.50
Key support: $2.50 - $3.00
Overall trend: bullish with strong market momentum.
Conclusion:
SUI cryptocurrency is experiencing increasing interest and strong activity in the market. Continued momentum may drive the price to new levels soon.
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What do you think? Do you expect a breakout above the $5 level soon? Share your predictions with us!
