Meme coins in the SUI ecosystem have recently shown remarkable growth. The trading volume of SUI's decentralized exchange (DEX) has increased by 74% in the last seven days, reaching $3.8 billion, making it the fifth largest blockchain in terms of decentralized trading volume, surpassing Arbitrum.
Featured SUI Meme Coins and Technical Analysis
Sonic Snipe Bot (SONIC): Another token that stands out in the SUI ecosystem, SONIC has increased by 27% in the last seven days, bringing its market value to approximately $1.7 million. If positive momentum continues, SONIC could rise above the $0.40 level and potentially reach $0.426. However, if the trend reverses and selling pressure increases, the token could retreat to the $0.29 level and test $0.24 in a stronger downward trend.
LOFI: LOFI, one of the most recognized meme projects on the SUI blockchain, has been the only token to experience a decline among the top 10 SUI meme coins in the last seven days. This relatively low performance may indicate that investor interest has weakened compared to others, or it could present a potential recovery opportunity if overall interest in SUI meme coins remains strong. If momentum recovers, LOFI could rise above the $0.045 level and potentially challenge $0.054. However, the $0.030 support level is critical; a drop below this region could trigger a sharper decline towards $0.0158, and if selling pressure accelerates, it could fall to $0.0055.
MemeFi (MEMEFI): Claimed to have more than 50 million players worldwide, MEMEFI has shown a 353% increase in the last seven days. If it can regain its upward momentum, it may first aim to break above the resistance at $0.0037. A successful breakout could open the way to $0.0053, expanding its rally. However, if the ongoing correction deepens, the first major support to watch is at $0.0026. A drop below this level could push the price down to $0.00185; if selling pressure intensifies, it could decline to $0.00143.
MIU: Currently the largest meme coin on the SUI network, MIU has solidified its leadership position within the growing SUI meme coin ecosystem with a 16.7% increase in the last seven days. If positive momentum continues, the token could rise to test the $0.000000080 level, marking a new short-term target. However, if the trend weakens and selling pressure emerges, MIU may first decline towards the $0.0000000689 support level. A deeper correction could even push the price down to $0.0000000599.
Fud the Pug (FUD): Despite a nearly 5% drop in the last 24 hours, FUD is showing impressive performance with a 41% increase in the last seven days. Technically, FUD recently tested the $0.0000000634 support level. If this level is tested again and cannot hold, the next downside target will be around $0.000000050. On the upside, if the current pullback stabilizes and momentum returns, FUD could rise to challenge the $0.000000075 resistance. A breakout above this level could pave the way for a push towards $0.00000010.
Meme coins in the SUI ecosystem are attracting attention with their recent performance. Investors can evaluate potential opportunities by carefully monitoring the technical levels and market dynamics of these tokens.
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