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harisrahman
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$SUI sees $600 mln outflows – Is a drop to $1 imminent? Recent reports indicate a significant liquidity outflow from the Sui (SUI) network, with its Total Value Locked (TVL) dropping from $1.991 billion to $1.381 billion—a decrease of $610 million within the last 24 hours. $SUI is trading at approximately $2.85. Despite the recent outflows, several price predictions suggest that a drop to $1 is unlikely. For instance, Changelly forecasts a 12.76% increase, expecting SUI to reach $3.22 by March 4, 2025. Similarly, CoinCodex anticipates a 15.80% rise, projecting the price to hit $3.74 by March 17, 2025.
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Cosmos is currently trading at $4.05, down 18% from the previous close. With its focus on blockchain interoperability and a growing ecosystem, $ATOM may aim for the $5 level in the coming days. Algorand is valued at $0.22, marking a 19% decrease. As it continues to develop scalable blockchain solutions and forms strategic partnerships, $ALGO could potentially reach $0.40. Aave is trading at $186, reflecting a 4% rise. Given its prominence in the decentralized finance space and continuous platform enhancements, $AAVE might aim for the $230 level as the DeFi sector grows.
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Next Target for Avalanche $AVAX is trading at approximately $23.70, reflecting a 6.2% increase from the previous close. With its high-throughput capabilities and growing decentralized application (dApp) ecosystem, $AVAX is poised to capitalize on the expanding decentralized finance (DeFi) market. Analysts anticipate that sustained network growth and strategic partnerships could propel $AVAX towards the $50 mark in the medium term.
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Upcoming Move for Stellar (XLM) $XLM is currently valued at about $0.33, marking a 4.8% uptick from the prior close. Renowned for its focus on facilitating cross-border payments and financial inclusion, Stellar's collaborations with financial institutions and remittance services are strengthening its use case. If these partnerships continue to flourish, $XLM could aim for the $0.70 level in the coming weeks.
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Future Outlook for VeChain $VET stands at $0.030, showing a 5.5% increase. Specializing in supply chain management solutions through blockchain technology, VeChain's real-world applications are gaining traction across various industries. This growing adoption may drive $VET towards the $0.10 milestone as enterprises seek transparent and efficient supply chain solutions.
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