Memecoins are up today and have strongly outperformed the entire crypto market over the last month.
Sui (SUI) price has recently experienced a notable rise in market value, standing out even as the broader cryptocurrency market struggles. Over the past week, SUI has defied the downturn, continuing its upward momentum after being one of the top-performing large-cap cryptocurrencies in September.
Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5.
The altcoin space has remained calm in the recent past, with most projects signaling imminent bullish breakout after consolidating in the past seven months. The crypto cash rotation will be favoring the altcoins in the near term after Bitcoin's (BTC) price dominated the past year.
Crypto Market Highlights: The cryptocurrency market capitalization stands at $2.17 trillion, down 0.79% in the last 24 hours, while intraday trading volumes rose by 32.09% to $78.72 billion. Investor sentiment is still neutral, with the Fear & Greed Index at 41. In the larger market, Chinese stocks listed in the United States have fallen dramatically.
USDC, a major stablecoin, is now available on the Sui Mainnet, enhancing liquidity and value transfer within the DeFi ecosystem as Sui's TVL surpasses $1 billion.
Sui Network gains momentum; $4 price target appears achievable amid rising adoption.
Solana meme coins have been outpacing the broader crypto market, with Dogwifhat leading the rally.
Sui received a major boost after stablecoin issuer Circle announced support for native USDC on the layer-1 blockchain platform's mainnet. Circle announced native USDC (USDC) was live on Sui (SUI) on Oct. 8.
Circle has introduced native USDC on the Sui blockchain, enabling seamless access to USDC liquidity without bridging. This development supports Sui's expanding ecosystem of over 85 applications.
In a remarkable rise that has captured the attention of the cryptocurrency community, HIPPO has rapidly emerged as the leading meme coin on the SUI blockchain. As of October 8, 2024, HIPPO has seen an astonishing 164% increase in price, reaching $0.01609, with a market capitalization now exceeding $160 million.
Dogwifhat cryptocurrency breaks 190-day resistance level, surging to $2.77 amid increased futures open interest, signaling potential for further price growth while technical indicators suggest caution.
Sui, often dubbed the Solana-killer, continued rising on Oct. 8 amid a record surge in its futures market. Sui (SUI) jumped to an intraday high of $2.
SUI has recently become one of the most hyped chains with a huge potential of going 10x from the current levels. The trading activity surged aggressively which elevated the SUI price above $2. This move also pushed SUI above Near Protocol but remained only for a while.
Is a new ATH for SUI price near or far? Here is all you need to know about SUI bullish momentum
Despite a minor pullback in Bitcoin under the $63k level, resulting in a deceleration in altcoins, SUI and APT continue to rise. With SUI surpassing the $2 mark and Aptos nearing the $10 psychological milestone, the upside potential in these two crypto is massive.
Cryptocurrency Prices Today, October 8: The broader market on Tuesday witnessed a bag of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price slipped to the $62K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a waning price trajectory.
SUI has gained massive attention from the crypto enthusiast following an impressive 13% of price surge over the past 24 hours. However, traders have started betting more on short positions.
The Solana-Meme cryptocurrency Dogiwfhat surged 5.4% on Monday's market uptick, hitting a two-month high of $2.77. The bullish momentum was bolstered by the WIF buyer's attempt to break past a 190-day resistance and a significant spike in future open interest (OI).
Sui continues to see a surge in interest, which has proliferated in a double-up for investors over the past month.
Dogwifhat (WIF) price is on the verge of a potential breakout, with price action suggesting it could surpass the $3 mark. Today, WIF's price has increased by 13%, making it one of the best-performing cryptos in the last 24 hours.
Dogwifhat has been on a tear, and this recent momentum has continued once again today
Several altcoins, including Dogwifhat, Worldcoin, and Zcash, posted gains, as Bitcoin eyes the critical resistance near $64K.
The SUI price surged 12.7% during the U.S. market trading sessions, currently trading at $2.07. The bullish trajectory can be attributed to TVL's surge above the $1 Billion mark, and Bybit's Launchpool supports SUI as its first native token.
The price of Sui (SUI) has surged over 17% in the past 24 hours, breaking the crucial $2 mark for the first time in six months. This bullish trend is largely attributed to positive news from the crypto exchange Bybit, which announced its support for SUI as a native ecosystem pool token on October 7.
Layer-1 chain Sui is igniting another leg of its rally, brushing up against all-time highs while its network sees more growth. At time of writing, SUI is up 140% in the last 30 days, and 266% from its yearly low hit in August.
SUI has been caught in a whirlwind of market uncertainty, leading many analysts to question its potential for reaching new all-time highs (ATH). Despite a brief upward trend, signs are emerging that suggest SUI may not be able to maintain this momentum, particularly in light of recent technical indicators that point to a potential downturn.
Dogwifhat (WIF) surged over 21% in the last 24 hours to around $2.72, its highest level since mid-July. WIF's technical analysis shows bullish momentum, with the MACD rising and the 50- and 200-day MA below its price.
TL;DR Bybit Launchpool has introduced the SUI token as its first native pool, aiming to expand the token offerings and strengthen community activity. The exchange has replaced the USDT pool with USDC to enhance the user experience, providing greater stability and reliability in transactions.
As the cryptocurrency market enters a new week, several digital currencies are experiencing notable gains, fueled by Bitcoin's robust performance. Bitcoin, the leading asset, is seeing impressive traction alongside emerging meme coins like Hamster Kombat and POPCAT. The overall landscape is vibrant, attracting keen interest from investors and traders alike.
As we head into “Uptober,” the cryptocurrency market is buzzing with potential opportunities. While Ethereum continues to lead the charge in decentralized finance (DeFi) and smart contracts, its price struggles to find a bottom, with a 3-month return down by 18%.
Sui has surged more than 20% in 24 hours to reach its highest price level in six months, amid positive news from crypto exchange Bybit. Bybit announced support for Sui (SUI) as a native ecosystem pool token on Oct.
There is a growing shift in the meme coin ecosystem, with new entrants like NEIRO competing with old guards like Dogecoin (DOGE) and Shiba Inu (SHIB). Current liquidation data hints at where most investors' bets are, underscoring why a major flip is likely soon.
Sui has become cheaper and faster than Solana, cementing its position as a formidable alternative.
The daily transaction volume on the Sui blockchain has skyrocketed by 115%, indicating increased demand and potential for a breakout above the $2.00 mark.
Why are newer memecoins outperforming the original giants like Dogecoin and Shiba Inu?
Bybit Launchpool now supports the SUI pool, its first native token pool. Bybit also replaces the USDT pool with USDC and introduces the NAVI token in the SUI ecosystem.
With Bitcoin price reclaiming the $63k mark, the cryptocurrency market has recorded a strong bullish recovery over the past day. Moreover, the Sui coin price has regained traction and is on the verge of reclaiming the $2 mark.
Among the altcoins, $SUI and $APT put on two impressive runs over the last several days that took them both to gains of at least 10% for the week. Can these positive gains be maintained going forward?
Dogwifhat registered a double-digit price hike in the last 24 hours, which can soon push the memecoin towards $5.
Sui (SUI), a Layer-1 blockchain, has recently experienced substantial growth, particularly in daily transaction volume. In tandem with this spike in activity, SUI's price has climbed by 10% in the last 24 hours.
SUI token surges 115% in 30 days, driven by memecoin rally and network growth, reaching $1.69 amid increased transaction volume and total value locked.
Bitcoin's price regained its footing by pushing toward $64,000 but it was meme coins that took center stage today.
With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.
POPCAT, WIF's 20% surge ignites meme tokens rally amid market buzz.
Charles Hoskinson, the founder of Cardano (ADA), addressed the crypto community from London amid a European tour that included Italy and Switzerland on Sunday. In a video update, Hoskinson dispelled rumors about his commitment to ADA while offering insights into other blockchain projects, notably Sui.
The crypto markets are recovering from the recent crash, influenced by the rising tensions among the 2 popular nations. As the FUD created around these factors faded to some, the BTC price quickly regained levels above $63,500.