When BTC was around 55k the altcoin pump was glorious. Honestly, I, like everyone else, thought that when Bitcoin hit $100K, alts would at least double or triple from their highs.
Who would've thought BTC will be at $100K, and Ethereum won't even budge, while alts continue to lose value each day.
$SUI made a remarkable leap in the past 24 hours, surging fromĀ $4.20 to a new all-time high ofĀ $5.34, an 18% gain. Its market cap rose over 17%, surpassing major altcoins likeĀ $LINK ,Ā $TON ,Ā $XLMĀ andĀ $SHIB.
Bullish momentum is supported by a Stochastic RSI surge to 81, strong directional indicators, positive funding rates, and 51% of traders taking long positions.
With these signals pointing to sustained growth,$SUI Ā impressive performance suggests even greater gains may be ahead.
Bitcoin sees first major weekly price decline since Trumpās election win
The pullback follows the US Federal Reserveās Federal Open Market Committee slimming the number of projected interest rate cuts for 2025 from five to two.