- SUI has surged 70% prior to now seven days.
- Sui Community's TVL additionally reached $1.383 billion.
- SUI RSI reads a worth of 78, confirming that the altcoin is overbought.
SUI, the native token of the Sui blockchain layer 1 community, has surged 70% over the previous week and continues to succeed in new highs, outperforming most altcoins in latest months. At the moment the 14th largest cryptocurrency by market capitalization, SUI has develop into a profitable funding.
In line with knowledge from CoinMarketCap, SUI is buying and selling at $3.15, up 9.87% over the previous 24 hours and 56.35% over the previous 30 days. The altcoin has surged 441.76% since November 2023, whereas its market capitalization has elevated from $584 million to $8.96 billion at press time, demonstrating immense development potential.
About an hour in the past, SUI hit a brand new all-time excessive at $3.28 and is at the moment buying and selling at a 3.54% low cost. The blockchain protocol's complete worth locked (TVL) has additionally elevated, based on knowledge from DefiLlama. SUI's TVL worth elevated from $133 million on November 11 final 12 months to $1.383 billion on the time of writing.
In the meantime, Scallop (SCA), a lending protocol…
The article SUI Value Rises 70% in One Week, Fueling Hypothesis of a Transfer In direction of $10 appeared first on Coin Version.
