$SUI / USDT Market Update 🍒🍒

Here's the latest news and updates on the Sui token market:

*Current Price and Market Performance:*

- Sui's current price is around $4.04-$4.08, with a 24-hour trading volume of approximately $2,995,068,525 - $3,000,660,718

- Market capitalization stands at around $13.83 billion - $14.1 billion

- The token has seen a significant price surge, with a 1.66% increase in the last 24 hours and a 14.51%-16.75% increase in the past 7 days

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*Recent Developments:*

- Sui's Total Value Locked (TVL) has climbed back above $2 billion, indicating growing confidence in the ecosystem

- The Sui Overflow Hackathon showcased developer innovation, enriching the ecosystem with new tools and protocols

- NAVI Protocol has partnered with OKX to launch the xBTC liquidity pool, with incentives covering users who provide xBTC and lend SUI

- Sui's ecosystem growth is supported by innovations like the Mysticeti consensus engine, native USDC support, and cross-chain bridges

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*Market Predictions:*

- Analysts predict a potential rally toward $5.00, with some speculating that SUI could reach $7.66 by 2025 or even $10 in the near future

- The token's price is expected to continue growing, driven by strong technical signals, developer activity, and ecosystem growth

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*Key Metrics:*

- Circulating supply: 3.45 billion SUI

- Total supply: 10 billion SUI

- Maximum supply: 10 billion SUI

- Market rank: #16

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