The price of Sui (Sui - SUI) is approximately $3.8774460740557
06723100443
49635393442
588635330498175464187033922122278#BinanceTGEAlayaAI , with a slight change of +0.26% over the past 24 hours.
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🔍 Quick overview of SUI performance:
Market cap: approximately $12.94 billion.
Daily trading volume: approximately $1.36 billion.
Global ranking: eleventh among cryptocurrencies by market cap.
Circulating supply: approximately 3.34 billion SUI out of a maximum of 10 billion.
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⚙️ What is Sui?
Sui is a Layer-1 blockchain platform developed by a team of former Meta engineers, utilizing the Move programming language. It is characterized by its ability to process transactions in parallel, providing high speed and low costs. The SUI token is used to pay transaction fees, participate in staking, and engage in network governance.
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📈 Technical analysis and forecasts:
Current trading range: between $3.70 and $3.85.
Strong support level: at $3.75, which has shown resilience against selling pressure.
Future forecasts: some analysts believe the price may rise to $5.60 if the current resistance is broken, while others warn of a potential drop below $3.50 if selling pressures continue.
