🚨🚀 Update on the Crypto Market: Highlighting SUI Coin and Alibaba's Upcoming Phase
After a period of expansion, the cryptocurrency market is currently in a halt, with large liquidations caused by profit-taking. SUI Coin is one of the cryptocurrencies that tries to stand out favorably despite the slump. The second round of MystenLabs' collaboration with Alibaba was recently announced, with the goal of assisting both new and existing Move developers on the Sui platform.
MystenLabs and Alibaba's partnership will provide a number of services, including as an AI-driven development environment, university courses, neighborhood gatherings, and Move documentation translated into Mandarin and Korean.
Using Alibaba Cloud infrastructure and technical assistance, an AI tool is being created to produce Move code based on natural language questions from developers.
It is anticipated that this program would help new Move developers understand the language and explore its capabilities while expediting the work of seasoned developers. In addition, Alibaba Cloud will provide cloud infrastructure and demo day events in key places including as Singapore, Dubai, and Hong Kong to assist potential companies within the Sui Network ecosystem.
Additionally, international hackathons hosted by Alibaba Cloud will motivate developers to learn and create new Sui projects. By offering complete node services, Alibaba Cloud will also assist the Sui infrastructure and enhance network security.
Supported by the Alibaba alliance, SUI Coin finds buyers around $1.14 and displays a rise of about 6%. Even if the current surge to $1.17 was just momentary, the currency is still holding into its psychological $1 support level.
