October marks significant token unlock events for several major projects.
Ethereum's most feared cryptocurrency, Solana ($SOL), is facing stiff competition from new scaleable Layer 1s that are growing in price at a much quicker rate.
Layer-1 (L1) blockchain Sui has achieved a series of milestones over the past month. This positions its native coin, SUI, to potentially reclaim its all-time high of $2.16 in October.
SUI has merely displaced LTC by a single spot as they both currently sit comfortably at the 20th and 21st spots.
Following the lead of Bitcoin (BTC), the altcoins are starting to break out and recover their lost gains of the last six months. $SUI, $INJ, and $FTM are among the altcoins currently making the fastest progress to the upside.
The recent rise in Litecoin's price has captured the attention of crypto enthusiasts, suggesting possible future gains. Meanwhile, the Render network has been achieving significant technological milestones and expanding its user base.
SUI is not suffering from today's unlock, but TIA is for the end-of-month unlock.
Two meme coins are today's top performers.
Sui is gaining traction with bullish signals, showing potential for a continued uptrend.
Litecoin is testing the $67 support level with rising whale and trading activity.
Crypto Prices Today, October 1: The broader market on Tuesday saw a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price saw a waning action, resting at the $63K level today.
SUI has seen a 15% surge in the past week following its remarkable price action throughout Q3. The cryptocurrency's performance continues to fuel investors' sentiment, but some believe the upcoming unlock event could hinder its rally toward a new all-time high (ATH) next quarter.
Sui cryptocurrency is making headlines as it witnesses a significant price surge, increasing by 10% in just 24 hours. This remarkable rise is part of a broader bullish trend, with SUI experiencing a staggering 125% increase over the past month.
After a strong bullish trend, the Sui (SUI) price has consistently climbed over recent weeks. This upward momentum has culminated in an impressive 126% increase in the past month.
Sui Bridge goes live on Mainnet, enabling native asset transfers between Ethereum and Sui, enhancing Web3 interoperability.
SUI is a closely watched L1 chain with accelerating inflows in the past month. The launch of a native version of the AUSD stablecoin and its usage to pay for gas fees further boosts liquidity on SUI.
Layer-1 blockchain Sui (SUI) is all geared up to unlock 64 million tokens on October 1, which is 2.40% of the total circulating supply. SUI is witnessing heightened investor interest as the crypto community eagerly awaits the token release.
TL;DR By October 2024, $1.3 billion worth of tokens will be unlocked on the market. Notable projects include Celestia, Sui and Aptos, with major releases scheduled. Investors should be on the lookout for potential impacts on cryptocurrency prices due to these unlocks.
Recently, SUI gained significant strength, which pushed the prices above the important resistance zone, which can be considered as a last pitstop before the highs. The token has formed a massive bullish pattern and after achieving the levels around the neckline, a gigantic bullish run could be imminent.
Layer-1 blockchain Sui (SUI) is set to unlock 64 million tokens on October 1, representing 2.40% of the total circulating supply. As the crypto community eagerly awaits the release of these tokens, SUI is experiencing heightened investor interest.
Crypto expert Ben Armstrong, aka “BitBoy Crypto,” highlights 8 key cryptocurrencies to watch during this bull season, targeting a potential $16 trillion market. He stressed that consistency is important, but being open to new data and volatile market trends sets successful traders apart from those stuck in the past.
The largest token unlock of the month belongs to Celestia, which will unlock 175.56 million TIA tokens on October 30.
SUI surged 115% in September, becoming the top-performing altcoin and reaching a five-month high. At press time Sui (SUI) was trading at $1.77 recording a 7% price jump over the day while its market cap surged past $4.
Bellscoin (BEL) is a meme project with no intrinsic value, but growing in popularity due to its connection to Dogecoin (DOGE). BEL is boosting the Litecoin hashrate due to merged mining.
Sui cryptocurrency has seen a significant price surge, rising 10% in 24 hours and 125% in a month, bringing it close to its all-time high of $2.18 amid increased market interest and positive technical indicators.
This week marks an exciting period for the crypto market, with key events expected to drive market sentiment. At the forefront are the highly anticipated remarks from Federal Reserve Chair Jerome Powell and a significant $100 million token unlock by SUI.
The upcoming $1.3 billion token unlock could significantly impact market dynamics, potentially increasing selling pressure and volatility. The post Celestia, Sui, and Aptos set for $1.3 billion token unlock next month appeared first on Crypto Briefing.
Binance Pool now supports merged mining for Litecoin (LTC), offering rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).
Binance Pool launches Bellscoin (BEL) merged mining, allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL.
Sui (SUI) price, a prominent layer-1 blockchain, is experiencing a significant uptrend. The SUI tokens have recently risen sharply, showcasing a strong bullish momentum.
SUI price surge is on the verge of breaking the $2 resistance after a strong rally, with a bullish pattern suggesting
SUI is currently testing crucial supply levels after an impressive 75% surge from local demand around $1 since mid-September. This aggressive price movement has placed the layer-1 blockchain at the forefront of market discussions, making it one of the most trending assets right now.
An analyst who earned the “Master Trader” rank on the crypto exchange Bybit believes that one frog-themed memecoin will leave most digital assets in the dust.
TL;DR Sui Network Overview: Sui Network is a cutting-edge Layer-1 blockchain designed to simplify smart contract creation and execution, excelling in handling multiple transactions simultaneously. Q4 2024 Price Prediction: SUI's price is forecasted to range between $1.74 and $8.24, with optimistic scenarios suggesting a potential increase. Conservative estimates predict a minimum price of $0.
Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention.
Crypto volume staged a strong comeback in centralized and decentralized exchanges as most coins bounced back.
October has historically been a bullish month for altcoins and cryptocurrencies in general. With great momentum building, fueled by increasing demand and favorable market conditions, several altcoins are also inching closer to breaking their previous all-time highs.
Litecoin's Funding Rates have been predominantly positive, suggesting that a majority of traders are going long.
The social sentiment around SUI has skyrocketed in the past few days to an unprecedented level as a result of an increase in community interaction witnessed across multiple platforms. This recent surge in interest indicates growing support and enthusiasm from the vibrant community, solidifying SUI's stance in the crypto sector as a potential asset.
Sei (SEI) and Sui (SUI) have been trending closely together, with both showing significant price movements. However, recent shifts in market dynamics suggest that Sei might be poised to outperform Sui in the near future.
Solana which entered the crypto space being one of the tough competitors of Ethereum is often compared and equated with the other chains like SUI or SEI. These tokens have gained enough attention from the market participants as they surged over 150% in very little time.
Real Vision analyst Jamie Coutts believes that the crypto market could finish out the year with strong rallies. Coutts says that the TOTAL3 chart on the weekly timeframe appears to be breaking out of a descending trend line and printing a bull reversal pattern.
Sui's price has surged recently, with technical indicators pointing to continued bullish momentum.
The September months have sparked the initial bullish turnaround for most major altcoins amid the recent Fed rate cut. Historically, the crypto market provides accelerated recovery momentum in Quarter 4, intensifying the buying activity.
As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.
As the cryptocurrency landscape continues to evolve, Grayscale in its recent research titled ‘Grayscale Research Insights: Crypto Sectors in Q42024' has identified six emerging assets, Sui (SUI), Bittensor (TAO), Optimism (OP), Celo (CELO), Helium (HNT), and UMA Protocol (UMA), as high-potential investments for Q4 2024.
Litecoin's recent price surge has caught the attention of investors, sparking optimism about its potential to bounce back and reach the $76 mark