Ali Martinez predicts that SUI Coin could experience a rise similar to the Solana rally in 2021. According to the chart shared by Tony, Solana could rise to $400, while Bitcoin has fallen to $62,500.
Cryptocurrency analyst Ali Martinez emphasized that SUI Coin could be the next SOL in the chart he shared about half an hour ago. Crypto Tony updated his predictions for SOL Coin and shared important levels. Today, we will examine two valuable analyses for investors looking for alternatives for the bull rally and provide a brief market summary.
The SEC fined Galois Capital $225,000 for violating the Investment Advisers Act and could set a precedent for other companies. It is unsafe for an investment firm to hold client assets in a cryptocurrency exchange account. For example, the exchange manager could go bankrupt by selling non-existent assets to clients. As in the case of FTX, Galois did the same and was found guilty of causing losses to its investors.
Since the end of last year, Binance has been regularly monitored by third parties. In addition, the former Binance CEO will be released on September 29. In recent days, Thorchain’s hard fork, which improved performance for cross-chain exchanges, and Flow’s “Crescendo” update, which increased transaction efficiency, took place. EOS is also expected to undergo a major hard fork in the coming days.
Solana (SOL) ve SUI Coin$SOL
Ali Martinez shared the SUI and SOL Coin charts, stating that SUI Coin is preparing for a big rally. If his predictions come true, SUI Coin could start at $4 and make huge gains reminiscent of the SOL Coin rally in 2021. “SUI looks like Solana in 2021 before the bull run!” Martinez said.
On the Solana front, Crypto Tony reminded the long position recommendation at $ 118, emphasizing that if the key area is maintained, new peaks of up to $ 400 can be seen by exceeding the $ 162 and $ 188 levels.
Bitcoin is trading at $62,500 at the time of writing, and altcoins are generally in the red. The failure of the BTC price to maintain above $63,000 creates a negative situation for other cryptocurrencies.
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