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.
BTC's move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump.
Sui has roughly doubled this year and could be on the fast track to even bigger gains in the years ahead.
Grayscale Research has published a new list of 20 digital assets that have high potential in the fourth quarter of the year.
The cryptocurrency market is always abuzz with speculation, and Sui (SUI) is currently in the spotlight. As of now, SUI is trading at approximately $1.75, and forecasts suggest that the price could rise to $2.00 in 2024.
The implementation of USDT on Celo and the success of MiniPay contribute to the rapid expansion of the network
With the altcoin leader, Ethereum holding its price above the $2,600 mark, the Layer-1 (L1) market has regained momentum. Notably, some altcoins have recorded a double-digit surge within the past seven days. This indicates a rising dominance of altcoins in the crypto space. Following this, investors are raising speculations about a potential AltSeason.
The CELO token has rallied nearly 20% in the past 24 hours.
The Sei & Sui prices have been ranging pretty high together for some time. While the SUI price led the rally, the SEI price silently followed the trend. As the market dynamics are changing, the SEI price is gaining huge momentum and rising above the crucial resistance zone.
SUI price has been on a strong upward trend, capturing the attention of the crypto community as it nears significant resistance levels. With Total Value Locked (TVL) surging past $957 million, the network's fundamentals have strengthened, pointing to increasing investor confidence.
Ethereum co-founder Vitalik Buterin has commended the recent development of Celo Network, a mobile-first blockchain platform.
SUI and SEI resemble Solana's 2021 pattern, poised for potential gains.
As broader market sentiment improves, tokens that power Decentralized Physical Infrastructure Networks (DePINs) are among the altcoins showing potential gains in October.
The mobile-first blockchain has recently achieved a significant milestone.
Blockchain data shows Celo's growth was boosted by key applications like Minipay and Valora, particularly in markets like Nigeria and Kenya.
TAO's price has surged significantly over the past month, driven by growing interest in artificial intelligence coins. With a recent increase of over 60%, several indicators and metrics offer valuable insights into the coin's potential future performance.
SUI, the native crypto cryptocurrency of the Sui network, plunged 3.2% during the Monday trading session. This bearish pullback follows the broader market downtick, indicating the temporary cool-off after a three-week rally.
This past week, the digital asset market experienced a broad upward trend, with the artificial intelligence (AI) crypto sector standing out as the top performer over the last seven days. This week, the AI-driven crypto sector climbed 30.59% against the U.S. dollar, with bittensor (TAU) leading the charge. TAU Surges, AI Crypto Market Hits $23.
The $SUI token underpinning the Layer 1 SUI network is closing on a new all-time high (ATH) today, while the similarly named $SEI from the Sei protocol is the best-performing Layer 1 token this week.
SUI is on the brink of a key moment as it prepares to retest the $1.45 level following a successful breakout. The recent surge has positioned the cryptocurrency for a crucial test, where the bulls must step in to defend this newfound support.
SUI, a core native cryptocurrency of the eponymous L1 blockchain, is witnessing an excellent rally. Yesterday, it stopped 20% shy of the all-time high despite the pale performance of major altcoins.
TL;DR Vitalik Buterin's Praise: Ethereum co-founder Vitalik Buterin praised Celo for surpassing Tron in daily active stablecoin addresses, marking a significant milestone. CELO Token Surge: Following Buterin's endorsement, Celo's native token, CELO, surged by approximately 25%, reaching $0.68.
Celo surpasses Tron in stablecoin usage, driven by African app adoption. Vitalik Buterin praises Celo's impact on global payment accessibility and finance.
Vitalik Buterin also talked about the Celo blockchain for transitioning from a standalone Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain to an Ethereum Layer 2 blockchain.
CELO's surge highlights the growing influence of endorsements in crypto markets and underscores the potential for increased global financial inclusion. The post CELO jumps 25% after project gains endorsement from Vitalik Buterin appeared first on Crypto Briefing.
Bitcoin (BTC) and Ethereum (ETH) continued to climb after witnessing a slight correction on Tuesday as the crypto market rally continued. BTC is within touching distance of $65,000, and ETH is close to the $2,700 mark.
Artemis, an institutional data platform for digital assets, noted that Ethereum layer-2 blockchain Celo (CELO) recently outperformed Tron (TRX) in daily active addresses. This growth is fueled by stablecoin adoption and usage.
Markus Thielen, the Head of Research at 10x Research, savvy traders are shifting their focus from Bitcoin to promising altcoins, and you might want to pay attention. Recent trends show that trading volumes for altcoins have surged as traders look for high-risk, high-reward opportunities amidst changing market dynamics.
Celo recorded a remarkable price spike within an hour after Ethereum's Vitalik Buterin gave the project a positive endorsement.
Vitalik Buterin noted that Celo's second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.
SUI is now the 26th-largest cryptocurrency by market cap.
With the bull run in the crypto market heating up, altcoins are preparing for a skyrocketing move ahead. Among the top performers, SUI, STX, and APT are teasing a breakout run ready for a 2X rally. So, let's find the next entry opportunity for a potential 2x gain.
The recent TAO price rally sparked interest among investors in finding the next promising crypto coins that could offer significant returns. TAO has made a huge step ahead in its decentralization progress by introducing smart contracts to its blockchain.
Vitalik Buterin, Ethereum's founder, mentioned Celo (CELO) as a positive example of a payment platform. The CELO token rallied immediately after the endorsement.
Check out which cryptocurrencies were involved in the most discussions on September 23.
SUI has recently emerged as one of the top-performing altcoins, posting an impressive 120% surge since early September. This rapid price increase has captured the attention of both investors and analysts, as data from DefiLlama reveals that SUI's Total Value Locked (TVL) is approaching the $1 billion mark.
Following the launch of the Grayscale Sui Trust, SUI's daily trading volume exceeded $800 million, with its price doubling to a peak of $1.1 within a week.
In the last seven days, several altcoins have surged impressively, each recording notable gains not seen in a long while. This remarkable uptrend highlights a shift in market sentiment and the potential for lucrative opportunities from the cryptocurrencies listed in the top 100.
As Bitcoin stabilizes near $64,000, a shift in crypto trends is evident. Artificial Intelligence (AI) tokens, like Bittensor (TAO), Arkham (ARKM), and Internet Computer (ICP), are now outperforming meme coins, highlighting a change in investor focus.
The Bitcoin bull market is about to begin and as a result, the altcoins appear to be gearing up for the next move. SUI & SEI prices have been demonstrating massive moves in the past few weeks and hence are believed to outperform some of the top trading altcoins.
A crypto strategist who continues to grow his following with timely altcoin predictions believes layer-1 protocol Sui (SUI) is gearing up to revisit all-time high levels.
The crypto market teases a bull market ahead, with the Bitcoin price rejecting targets below $63,000 and aiming for a breakout rally to surpass $64K. Amid such conditions, the social engagement of AI crypto tokens, gaming tokens, and meme coins is rising. Based on Lunar Crush's top coins, TAO ranks among the top AI tokens.
coin CMP Market cap Trading volume Price change (24 h) Price change (7d) SUN $0.0232 227M 41.51M -0.80% -0.20% Bluzella (BLZ) $0.15 66.55M 12M -0.50% 33% SUI $1.51 4051M 806M -6.