๐ $SUI/USDT Update โ Big Moves Coming?
๐ Current Price: ~$3.76 (down 7โ8% in 24 hours)
๐ Trading Volume (24h): $2โ2.4 Billion
๐ Market Cap: About $13 Billion (Rank: #13โ#16)
๐ช Circulating Supply: 3.455 Billion out of 10 Billion Max
๐ Recent Recovery:
Last week, $SUI dropped near $2.70 โ but bounced back to around $3.33 on July 14. This was thanks to big news like:
โ Launch of tBTC (Bitcoin on DeFi)
โ ETF excitement in the market
๐ Whatโs Next?
If $SUI breaks above $4, it could quickly jump to $5+!
Key Levels:
๐ข Support Zone: $3.35 โ $3.55
๐ด Resistance Zone: $4 โ $4.30
๐ฐ Why Is SUI in the Spotlight?
๐น FTX Impact: Last year, FTX sold 888M SUI for $96M โ now worth $6.4B! This made traders take notice.
๐น Altcoin Season: Bitcoinโs slowing dominance is helping coins like SUI shine.
๐น Institutional Support:
Over $2.25B locked in SUIโs ecosystem
Grayscale praises SUIโs fast tech, strong developer base, and powerful smart contracts
New DeFi tools (like tBTC & cross-chain swaps) are attracting more users
๐ Final Take:
$SUIis bouncing back strong โ backed by smart tech, real adoption, and investor attention.
๐ Watch the $4โ$4.30 level closely โ a breakout could mean big gains ahead!
