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Break Above $5.0 Imminent for Sui (SUI) as On-chain Activity Rises On Christmas Eve 2024, the Sui (SUI) bulls continue in power, with the price hovering at $4.60, barely below its record highs of $5.0 earlier in the month. Despite a significant rebound from the 50DMA last week, SUI continues to find support. That signals buyers are still interested in the drop, and pressure may be building for an explosive burst over $5.0 in the coming weeks. SUI Price Analysis The optimistic Sui price movement shouldn't be a surprise given rising on-chain activity, declining trade volumes, and a structural background that will support crypto markets throughout 2025. DeFi Llama reports that the USD worth of crypto trapped in smart contracts on the Sui blockchain is approaching $1.8 billion, on-chain volumes are $400 million to $600 million, and perp volumes are returning to their year-high levels. The blockchain's record year was summarized by Sui's X page on Twitter. Where Will Sui (SUI) Price Go? The Sui price is anticipated to break out over $5.0 in the short future. With Sui already in price discovery, the currency has few price objectives. A 2x rally to $10 is possible. Sui's market worth is $46 billion completely diluted ($13.5 billion circulating), hence the coin might increase more than 2x. Sui is now one of the greatest layer-1 protocols in the game, and it has room to catch up to Solana and Ethereum. The completely diluted market caps of Solana and Ethereum were $116 billion and $420 billion, respectively, and both are expected to grow in 2025. May Sui attain a fully diluted value in the hundreds of billions this cycle? It's possible if its chain leads web3 adoption, as it is. If assumptions persist, a $20 Sui price is achievable. It's a solid contender for best crypto to purchase today. SUI Price Analysis Naturally, crypto investors should diversify their portfolio with a few high-potential coins. Bitcoin might gain 2x next year or more if strategic reserves rise. Other top tokens like Ethereum and Solana may also do well. #SUI $SUI #BTCNextMove
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Binance Alpha Lists 5 More Crypto Projects on Christmas Eve GAME, UFD, GEL, GOUT, YNE on Binance Alpha Binance Alpha added GAME, UFD, GEL, GOUT, and YNE today. The tokens' values rose after listing. Binance Alpha featured five additional crypto projects today to showcase their Web3 potential. Binance's new platform included these projects. Binance Alpha Adds 5 Crypto Projects 1. GAME by Virtuals GAME lets AI agents receive data and respond independently while learning from prior encounters. Long-term memory, encompassing experiences, reflections, and dynamic personality features, helps AI agents improve their planning and performance over time, improving decision-making. After debuting on Binance Alpha, GAME rose from $0.24 to $0.25. The coin's market value is around $245 million. 2. Unicorn Fart Dust The memecoin UFD is sarcastic. Today, UFD rose 20% to $0.13 and a market worth of almost $130 million. 3. Gelato The developers behind Gelato Network claims it is an unlimited Ethereum Rollup as a Service Platform. Fast, secure, and “infinitely scalable” are its goals. Its rollups let anybody develop and deploy fully serviced L2 chains on Arbitrum, Optimism, and Polygon. After debuting on Binance Alpha, GEL rose from $0.2 to $0.22 and has a market worth of approximately $52 million. 4. GOUT According to the project creators, GOUT is a crypto project that will build a unique environment. The Binance Smart Chain-based currency celebrates overcomers and winners. GOUT's market worth rose to $82 million when Binance Alpha listed it. GOUT rose nearly 35% today. 5. Yesnoerror AI agent idea memecoin YNE is on Solana. YNE's price rose 88% today to over $0.03, with a market valuation of over $31 million. The Binance Alpha listing also boosted YNE's price. Binance Alpha, established recently, showcases early-stage Web3 companies with growth potential. #BinanceAlphaAlert #BinanceLabsBacksUsual #BTCNextMove #MarketRebound $BTC $BNB $SOL
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BONK Targets 1 Trillion Burn by Christmas—Could Prices Explode 300,000%? Bonk has increased 0.5% in 24 hours to $0.00003175 while the cryptocurrency market dips 1% today. The meme currency has fallen 12% in a week, 31% in a month, and 45% from its November 20 all-time high of $0.00005825. With its DAO planning to burn at least 1 trillion BONK by December 25 for its ‘BURNmas’ celebration, Bonk may be making a return. The BURNmas tracker currently predicts 1.6 trillion BONK will burn, and its inventor claims $0.11 is its long-term price objective. In addition to burning, Bonk's DAO and team are urging community members to promote the token during BURNmas, which was revealed in a November 15 blog post. Bonk DAO burns 100,000 BONK for every #LetsBONK tweet during BURNmas. With 1.6 trillion BONK expected burn, the community seems to be surpassing expectations. This represents 1.7% of BONK supply and 2.2% of circulation. This may explain why the BONK price hasn't responded to BURNmas given these tiny amounts. It's fallen with the market's post-election rally hangover. Today, BONK's chart shows that its RSI (purple) is rising again after dropping close to 30 a few days ago, suggesting an intermediate bottom. The coin's 30-period average (orange) may have completed decreasing relative to the 200-period average (blue), and it may rise above the longer-term indicator in the next days and weeks. BONK's $300 million trading volume is low compared to November's peaks, which is concerning. The inauguration of Donald Trump next month might boost the market, and crypto-friendly legislation may follow. BONK may rebound to $0.000050 by Q1 2025 and $0.00010 by Q2. #BONK #MarketRebound #MicroStrategyInNasdaq100 $BONK $PEPE $1MBABYDOGE
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Bitcoin holdings owned by MicroStrategy generate a yield of $299 million MicroStrategy's executive chairman, Michael Saylor, recently updated the team on a significant accomplishment that the firm has accomplished. The fact that the yield on Bitcoin (BTC) reached 0.72% during the course of the previous week was brought to light by Saylor in a post that he made on a social media site. The post generated around 3,177 BTC. This return further converts into a net gain of $299 million, which Saylor sees as a gift to MicroStrategy's shareholders. The article states that the value now stands at $94,000 per Bitcoin to be exact. A Victory for Bitcoin Holdings In Terms of Strategy Since the beginning, Michael Saylor has maintained a pro-crypto attitude, and his faith in cryptocurrency is beginning to pay off at the present moment. According to him, Bitcoin serves as a hedge against inflation and a store of value since it is decentralized. Increasing institutional interest in Bitcoin and the possibility that it may earn a considerable amount of profit for the firm's owners are both indicated by the high yield that the company has generated. Enhancing the Confidence of Shareholders Through MicroStrategy Strategy Additionally, the disclosure made by Saylor demonstrates that the firm is dedicated to maximizing the value of its Bitcoin assets. Arkham Intelligence reports that MicroStrategy manages 79.296 thousand Bitcoins at the moment, which are worth at $7.60 billion. Through the use of these Bitcoins, the firm has been able to generate considerable profits that are directly beneficial to the owners. With Bitcoin's recent jump to the six figure level, MicroStrategy's aggressive accumulation strategy continues to position the company as a leader in the adoption of Bitcoin by corporations. #MicroStrategyInNasdaq100 #MarketRebound #BTCNextMove $BTC $ETH $XRP
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If $PENGU can maintain stability around the 0.037 level, it could enter a new upward trend, potentially leading to an all-time high (ATH). Investors are closely monitoring this key support level, as holding it could signal a bullish breakout. Momentum and market conditions will play a critical role in determining whether PENGU can achieve new highs in the coming days.
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