Sui ($SUI )

SUI is among the altcoins to watch in December 2024 for a number of reasons. In November, the token reached an all-time high of $3.92 and has since corrected to $3.30.

The token unlocking that took place over the weekend, amounting to $210 million, created additional volatility; however, SUI typically shows bullish momentum for a few weeks following an unlock.

If history repeats itself, SUI may show good results again this month. From a technical standpoint, the price of SUI is above the 20-day and 50-day exponential moving averages (EMA), indicating a bullish trend.$HBAR $KAIA

Currently, SUI is trading at $3.40, and there is a chance it may rise above $4.40 in December 2024. However, if the token faces high selling pressure, this may not happen. In that case, the price could drop to $2.38.