SUI Price Gains 70% in a Week, Targets Level
The native token of the Sui Network Layer 1 blockchain, SUI, has surged 70.5% in the past week and continues to reach new highs, outperforming most altcoins. SUI is currently the 18th largest cryptocurrency by market cap.
According to CoinGecko, SUI is trading at $3.21, up 5.9% in the past 24 hours and 70.5% in the past 30 days. Since November 2023, the altcoin has gained a whopping 441.76%, and its market cap has increased from $584 million to $8.96 billion, showing potential for huge gains.
SUI’s fundamentals appear strong as the cryptocurrency continues to reach new highs. SUI’s trading volume is also increasing, putting a move to $10 in sight.
