Sui Coin has been making headlines recently due to its significant price movements and ecosystem developments.
Here are some of the latest news and updates:
Recent Price Movements
- SUI surged 28% in the past 24 hours, with its price currently trading around $2.90.
- The token has gained 43% over the past week, reaching a market cap of $9.5 billion and ranking 12th by market cap.
- Some predictions suggest SUI could target $3.20 if bullish momentum sustains, while others forecast a potential surge to $5
Partnerships and Developments
- Sui has partnered with xMoney and xPortal to launch a virtual Mastercard for European users, allowing them to spend crypto like cash.
- World Liberty Financial, a Donald J. Trump-inspired project, has announced a partnership with Sui, integrating SUI into its strategic token reserve.
- Sui Bridge now facilitates the transfer of wrapped Bitcoin from Ethereum, expanding BTCfi for the Sui ecosystem and driving growth in value locked on the network.
Ecosystem Growth
- Sui's ecosystem tokens, such as DEEP, have seen significant gains after listing on major exchanges like Upbit and Binance.
- DeepBook, a decentralized central limit order book on Sui, has undergone a significant upgrade, introducing enhanced liquidity pools and reduced fees
These developments and price movements indicate a growing interest in Sui Coin and its ecosystem.
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