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.
Remixpoint invests millions in Bitcoin, Ether, and other cryptos to bolster its cash management strategy.
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.
Solana price is down 0.83% on this low-volatility Sunday, currently trading at $155.44. The renewed selling pressure can be attributed to substantial selling from the Pump.fun fee account, alongside a natural pullback after a three-week rally.
A cryptocurrency trader has made headlines by achieving an extraordinary return of over 11,500% through trading a newly launched meme coin called MOO DENG.
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.
One of the most incredible returns in the cryptocurrency world is revealed by a recent on-chain report. A user paid just 6 SOL (roughly $815) for 30.1 million MOODENG tokens 17 days ago.
Arthur Hayes, co-founder of the BitMEX exchange, has strategically boosted his meme coin holdings as he anticipates a strong market rally in October—popularly referred to as “Uptober” by traders. According to SpotOnChain data, Hayes has accumulated a staggering 24 billion PEPE tokens, alongside significant investments in Solana-based meme tokens like MOTHER and MOG.
As the Bitcoin price reclaims the $66,000 mark during the early Asian trading hours, the crypto market continues gaining momentum. Following this, the most volatile altcoin, Solana token has held its value above the $150 mark, indicating increased bullish action.
The trajectory of Solana [SOL] hinges on several decisive factors.
A crypto trader has recorded a gain of over 11,500% by trading a Solana meme coin, which has sparked discussions in the broader crypto market. The newly launched meme coin, MOO DENG, has gained notable traction lately and has returned substantial gains to investors in recent days.
The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango Markets over alleged regulatory violations. The SEC alleges that the DEX's decentralized autonomous organization (DAO) skirted registration provisions and deprived investors of critical protections.
The cryptocurrency market is on the verge of concluding September on a positive note. With this, the crypto space breaks its historic market trend of a bearish September. This further hints at a bullish Q4 and the potential beginning of an Altseason market.
Although new addresses have risen remarkably, the weekly transaction fee was lower than in April 2024.
Data from Solscan.io revealed that an unlucky investor had panic-sold 21M $MOODENG missing out on a chance to cash out at $6.3M. He discovered the memecoin an hour after it launched with a market cap of $210K and acquired the MOODENG for 26 SOL (~$3,537).
In cryptocurrency, a “whale” refers to an individual or entity that holds a large amount of a particular coin or token. These whales have the power to influence market movements due to their ability to make significant trades.
MOODENG's rise underscores the persistent allure and volatility of memecoins, highlighting the speculative nature of the crypto market. The post Solana meme coin Moo Deng maintains over $300m market cap, continues to accumulate appeared first on Crypto Briefing.
The cryptocurrency market witnessed low volatility on Saturday's trading session as Bitcoin price stabilized above $65000. Along with most major altcoins, the Solana price traded sideways and showed a modest dip of 0.37% to $157.
Solana (SOL) has garnered significant attention in the cryptocurrency space, with analysts projecting substantial price growth in the coming months. According to market experts, Solana could potentially reach half of Ethereum's market cap, which would push SOL's price to $330, more than doubling its current value.
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.
Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches.
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, mirroring the performance of Bitcoin and its main competitors, BNB and Ethereum, is firm at press time. Although gains have not been sharp, SOL bulls are shaking off weaknesses.
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Solana (SOL) has seen its price increase by 3%, surpassing the $153 mark and attracting significant market attention. This upward movement comes alongside a research report from VanEck, which suggests that SOL could rally up to $330, discussions about its growing potential in the competitive crypto landscape.
Solana (SOL), like almost every crypto in the top 100, has witnessed a price increase since last week. While the altcoin has displayed impressive momentum lately, indicators reveal a decline could be imminent before further realized gains.
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.
The entities behind Solana DeFi platform Mango Markets have settled securities charges with the SEC following a lengthy investigation.
The cryptocurrency market, in large-scale transactions by whales can significantly impact asset prices. Recent activities involving a prominent Solana (SOL) whale have raised alarms among investors, suggesting a potential price crash could be on the horizon.
Moo Deng (MOODENG), a Solana-based meme coin, has surged by more nearly 100% over the past 24 hours. The token is, of course, inspired by female pygmy hippo Moo Deng, which recently became an internet sensation.
Following the Solana 1,000% run-up in 2023 and its re-entry into the crypto top 10 by market cap, it has been pitched against Ethereum once again. This was further propelled by the fact that Solana saw its blockchain activity surpass Ethereum's, and even bringing in more revenue at a time.
Solana's price rises due to increased memecoin activity and whale investments.
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.
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Sui's price has surged recently, with technical indicators pointing to continued bullish momentum.
XRP has had difficulty gaining any real momentum as it gets closer to the point where its chart displays a symmetrical triangle pattern. This consolidation usually portends a possible breakout, but XRP has not shown any increase in volatility and has instead remained largely stable.
Missed out on the recent 2024 top crypto events, Token 2049 and Solana Breakpoint? Here are the highlights that are shaping the future of crypto
Solana's rapid growth and technological advancements position it as a competitor to Ethereum. Could it eventually surpass Ethereum in market cap?
The Solana price has given a major breakout above its downward trendline thereby opening the gates for a rally to $205, and further beyond to new all-time highs.
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.
The Solana price is finally getting traction in the market, where it has just created a month-high at $158.74 after surging 4.8% today. The altcoin slowly gained momentum over the last few days before finally jumping out of the week-long consolidation.
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.
The cumulative liq levels delta was positive and could see a minor price dip like it did on Thursday.