đ¨âĄBIG ALERTâĄđ¨
Hereâs the latest update on Sui (SUI) â which I believe you meant when asking about âSuicoinâ:
đ Current Price & Market Data
The live price is hovering around $3.93â$4.05, with minor fluctuations:
Binance reports $3.93 (â1.8% last 24âŻh) TradingView+15Binance+15Brave New Coin+15
KuCoin shows $3.97 (+0.5% 24âŻh, +14.6% past week) kucoin.com+1etoro.com+1
Circulating supply: ~3.46âŻbillion SUI; max supply: 10âŻbillion CoinMarketCap+5Binance+5crypto.com+5
Market cap: between $13.6âŻbillion and $14.2âŻbillion
đ Short-Term Trend
The 24-hour volume is solid: around $3âŻbillion TradingView+3CoinGecko+3etoro.com+3
Weekly gains range from +10% to +16%, depending on the exchange InvestingCube+2blockonomi.com+2Coinspeaker+2
đ° Recent News & Drivers
Bullish Technicals
Analysts point to bullish candles (e.g. inverse head & shoulders), breakout patterns, and golden crosses â all indicating potential upward momentum toward the $4â5 range .
Onâchain Activity & Inflows
Strong inflows (~$6âŻmillion in stablecoins), rising open interest, and derivative positioning suggest increasing investor interest and capital rotation into SUI InvestingCube+11AMBCrypto+11Crypto News Australia+11.
Institutional Catalysts
Launch of the Grayscale SUI Trust and partnerships like xPortal/xMoney Mastercard and support from Lion Group have helped boost confidence and volume Crypto News Australia+2Cointelegraph+2Coinspeaker+2.
Ecosystem Growth
Total value locked (TVL) is now over $1.4â2âŻbillion across DeFi and gaming, underscoring growing utility .
đŽ Outlook & Sentiment
Analysts forecast a bullish trend continuation, targeting roughly $4â5+ in the near future, provided current momentum holds .
Key support lies in the $3.7â$3.9 zone; a decisive break above $4.20â$4.50 could trigger the next leg upward AMBCrypto.
Still, be cautious: recent token unlocks (e.g. ~$215âŻmillion on JuneâŻ1) may have introduced temporary sell-pressure Brave New Coin+1Coinspeaker+1.