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Sui Blockchain Joins #Ethereum and #BNB Chain as Stablecoin #FDUSD‬⁩ Following its integration with Ethereum and BNB Chain, First Digital's native stablecoin FDUSD—with a market valuation of over $3 billion—is now accessible on the third blockchain, Sui. According to CoinDesk's interview with FDUSD CEO Vincent Chok, the integration would increase the stablecoin's adoption among users of decentralized finance (DeFi). Sui is a new network that is actively promoting the DeFi industry. We want to join forces as a new stablecoin since their development in a year is equally remarkable. Sui TVL Earned More Than $500 Million One of the most rapidly expanding Layer 1 blockchains is Sui. Its remarkable DeFi growth continued, and by February it had surpassed $500M in TVL. Sui surpassed Aptos and Cardano at that moment because to its remarkable development. With its integration into the Sui network, FDUSD has become the first leading stablecoin to be issued natively on the Sui network. The blockchain is home to $340 million worth of Tether (USDT) and USD Coin (USDC), according to DefiLlama statistics. "This integration will have a profound impact on the Sui community, fueling enhanced liquidity, expanding the network’s utility, and unlocking new possibilities for builders and users," made note of Greg Siourounis, managing director of ecosystem development group Sui Foundation. Launched in August 2023, FDUSD now ranks fourth on Coin Market Cap for 24-hour worldwide trading volume. There are 3.28 billion of the fiat-pegged coin in circulation, with most of them being split between Ethereum and the BNB Chain. #sui $SUI

Sui Blockchain Joins #Ethereum and #BNB Chain as Stablecoin #FDUSD‬⁩

Following its integration with Ethereum and BNB Chain, First Digital's native stablecoin FDUSD—with a market valuation of over $3 billion—is now accessible on the third blockchain, Sui.

According to CoinDesk's interview with FDUSD CEO Vincent Chok, the integration would increase the stablecoin's adoption among users of decentralized finance (DeFi).

Sui is a new network that is actively promoting the DeFi industry. We want to join forces as a new stablecoin since their development in a year is equally remarkable.

Sui TVL Earned More Than $500 Million

One of the most rapidly expanding Layer 1 blockchains is Sui. Its remarkable DeFi growth continued, and by February it had surpassed $500M in TVL. Sui surpassed Aptos and Cardano at that moment because to its remarkable development.

With its integration into the Sui network, FDUSD has become the first leading stablecoin to be issued natively on the Sui network. The blockchain is home to $340 million worth of Tether (USDT) and USD Coin (USDC), according to DefiLlama statistics.

"This integration will have a profound impact on the Sui community, fueling enhanced liquidity, expanding the network’s utility, and unlocking new possibilities for builders and users," made note of Greg Siourounis, managing director of ecosystem development group Sui Foundation.

Launched in August 2023, FDUSD now ranks fourth on Coin Market Cap for 24-hour worldwide trading volume. There are 3.28 billion of the fiat-pegged coin in circulation, with most of them being split between Ethereum and the BNB Chain.

#sui $SUI

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⭐⭐As of late, the $0.139 to $0.144 order block has been a stable support for the Dogecoin price⭐⭐ The cryptocurrency with a canine motif has the potential to reach new heights of $0.168 if the order block bounces. If this order block were to break, DOGE's price may go below its recent low of $0.122. The price of Dogecoin (DOGE) is now unable to go beyond two important levels. Doge also lacks a clear trend and is expected to remain in a range for the foreseeable future. Along with the downturn seen in the wider cryptocurrency market, the price of dogecoin fell 45 percent from March 28 to April 13. But DOGE fell into consolidation after April 13 and is now attempting to regain its ground in order to declare a bias. However, the cryptocurrency market, and Bitcoin in particular, must initiate a change for the Dogecoin price to rise or fall. Furthermore, in order for the dog-themed cryptocurrency DOGE to reach $0.168 and beyond, it must remain above the $0.139 to $0.144 order block, which may entice previously uninterested purchasers. As an example, the rising candlestick that developed on April 29 represents the $0.139 to $0.144 order block. This change would result in a 17% increase. The overall profit, however, may reach 25% if DOGE were to target a retest of $0.181. The upward potential of DOGE is expected to be limited above $0.181, the weekly resistance level, unless there is an improvement in the Bitcoin outlook. Despite the rationale behind the positive thesis for Dogecoin pricing, a market shift in that direction is quite improbable. The equal lows set at $0.122 might be swept if DOGE breaches the $0.139 to $0.144 order block, which would cause the cryptocurrency to plummet by 12% to 15%. Although this would result in a 12% collapse, the meme currency could find stability at the $0.128 daily support level. #altcoins #Memecoins #elonMusk $DOGE #DOGE
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In order to make a judgment the Ripple price must The weekly chart showed Ripple pricing below a key 700-day uptrend support level. After unsuccessful recovery efforts, consolidation continues. Breaking $0.468 will be a slaughter for XRP holders. XRP holders have been wondering what would happen after almost three weeks of volatility. Read: XRP over $0.50 as Ripple joins partnership to facilitate digital asset recovery Ripple pricing must choose. The price of ripple has broken an inclining trend line linking swing lows since June 2022. April 8's fall broke this important support trend line, resulting in a weekly candlestick close below the inclining trend line and $0.532. Since then, Ripple pricing has been stabilizing between $0.532 and $0.468, with little direction. The weekly Relative Strength Index (RSI) has fallen below 50, indicating decreasing bullish momentum and rising selling momentum. Similarly, Awesome Oscillator's mean level is 0. Both momentum indicators warn of a bearish market change. Until the crypto market recovers, XRP is struggling. Altcoins will soar if Bitcoin (BTC) returns over $70,000. If so, Ripple price must break the $0.532 resistance level and become a support floor. This would help entice stranded purchasers and keep the remittance token rising. In a bullish scenario, XRP may retest $0.696 barrier. However, Ripple price may retest and breach $0.468 if the crypto market outlook worsens. This would disprove the bullish premise and cause XRP investors to sell. A 11% drop to $0.428 intermediate support floor is possible for the remittance token. If necessary, XRP might return to $0.378. #altcoins #xrp #Ripple #buythedip $XRP
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Pepe bulls set to overlook Friday's dip, sending price of PEPE soaring 28% Despite the current market slump, Pepe pricing remains strong. Predict a 28% increase in PEPE's value to $0.0108. If the price falls below the new low of $0.00760, the bullish thesis will be rendered useless. Despite a general increase in selling pressure throughout the cryptocurrency market on May 10, the price of Pepe (PEPE) remains stubbornly low. While several cryptocurrencies witnessed double-digit decreases in value due to Bitcoin's (BTC) 4% decline, PEPE meme currency remained relatively stable. The price of Pepe is still going up. With a path to break through the local high set on March 14, Pepe's price movement is looking brighter than other altcoins. Pepe has soared 134% in less than a month and has signs of further growth, while being in a rangebound pattern. With a recent recovery over the range's midpoint of $0.00835, the pepe price is now trading within the $0.00581 to $0.0108 range. Specifically, this change bodes well for investors since the rebound occurred at the same time as the Awesome Oscillator (AO) and the Relative Strength Index (RSI) climbed above their respective average levels of 0 and 50, respectively. The bullish momentum is certainly building and in control, as this move plainly reveals. Consequently, Pepe pricing has a stronger possibility of outperforming the market if the crypto market outlook remains same. PEPE has the potential to stage a 25% rally, bouncing off the $0.00835 level and reaching a range high of $0.0108. In contrast, a break in the bullish market structure would be indicated if the price of Pepe were to conclude each trading day below the $0.00760 swing low that occurred on May 8. The bullish thesis for PEPE would be rendered worthless since this scenario would result in a lower low. A 25% drop in Pepe price, to a range low of $0.00581, is possible if panicked holders dump their PEPE tokens. #BTC #pepe $PEPE #Memecoins #altcoins
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Has DogWifHat Passed? Bitcoin Guru Reveals $1 Price Objective At its present price of $3.17, the famous Solana meme currency DogWifHat ($WIF) might go as low as one dollar, according to a prominent crypto influencer Bluntz goes on to say that WIF's recent increases could only be a temporary shakiness before the token falls below $1. One of the top influencers on the ByBit copy trading site, Bluntz has been making money for his followers constantly since he joined a year ago. Unfortunately, DogWifHat's present price performance is not indicative of a decrease. Last hour, WIF was up 12% and last week, it was up 15%. Its movement is generally consistent with the market as a whole, since the majority of top projects are up today. Pepe Coin is the second-most-gained-to initiative among the five meme currencies in terms of market capitalization. The price of PEPE increased 6.8% to $0.05862 at the time of writing. There has been a 13% increase in the past week as well. Meme currencies performed better than market leaders Ethereum ($ETH) and Bitcoin ($BTC). Ethereum rose 2.2% to $3,037 while Bitcoin, the biggest cryptocurrency by market cap, increased 3.5% to $63,176 throughout the course of the day. Throughout March, WIF surged, following the lead of the market leaders. Nevertheless, things started to diverge towards the end as the meme currency kept on surging and actually reached a new all-time high of $4.83 on March 31. Since then, the price has dropped by 34.2%, reaching its current level. To this point, DogWifHat's RSI stands at 57. There seems to be purchasing momentum since this has been going up since midweek. If it doesn't calm down, investors could see the start of the drop that Bluntz predicted. #Memecoins #buythedip #WIF $WIF
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BTC Spot ETF vs BTC Spot Trading: A Guide for Beginners in the World of Bitcoin Investment
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