$SUN LATEST ANALYSIS AND NEWS
According to BlockBeats news, Justin Sun wrote in a post yesterday that SUN Token will soon be burned more frequently and that the announcement will be made soon. Currently, the team is focused on resolving API issues related to revenue data. "But undoubtedly, 100% of SUN's income will be burned," he explained.
Coming to the chart
The price is consolidating at $0.029, which is an important support in the 4-hour chart. If it loses this support, the price may make a rapid pullback to $0.022 with increasing selling pressure. The daily chart also confirms this.
In my personal opinion, I do not look favorably on coins with large-scale small investor base with speculative discourses and actions such as Justin Sun's and Elon Musk's (Doge) coin because as I always say, "what rises with fomo falls with fomo" as in $DOGE coin...
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