Reason :
Sui (SUI) has shone brightly as 2024's top crypto asset, delivering notable gains and sharp price swings. Currently in a consolidation phase after a recent rally, speculation is rife about its next move. Market analyst Michaël van de Poppe believes SUI could hit $2.50, following its recent all-time high of $2.28 and a 30.01% profit last week.
Despite this optimism, indicators suggest a possible price correction. SUI has been one of the year's top performers, despite some volatility. Investors remain confident, predicting it could reach $70 over the next 12-18 months, reminiscent of Solana's 2021 surge.
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