Latest News About SUI:
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Quick Analysis of SUI Coin - May 20, 2025
Here are the most important points about SUI Coin's performance and developments:
1. Current Price and Performance:
Price: Around $3.99
Market Cap: $13.34 billion
Daily Trading Volume: $1.53 billion
2. Recent Highlights:
Overtaken BNB in daily trading volume on May 10.
Overtaken Ethereum in stablecoin transfers with $42.98 billion.
Open interest surges to over $1 billion (futures).
A massive lock-unlock occurred on May 1, but the price has remained stable.
3. Technical Analysis:
Strong Resistance: $5.50
Major Support: $2.50-$3.00
Overall Trend: Upward with strong market momentum.
Conclusion:
SUI is experiencing increased interest and strong market activity. Continued momentum could push the price to new highs soon.
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What's your opinion? Do you expect a breakout of $5 soon? Share your predictions with us!
