On August 1, SUI tokens worth approximately $9.9 million were unlocked, adding 13.72 million tokens to circulation. Despite a recent 5% price drop amid broader crypto market weakness, a prominent trader sees the current $0.50-$0.70 range as a strong buy zone with potential targets up to $20. The token's price softness is attributed to scheduled unlocks and market conditions, while the Sui network continues to advance with institutional partnerships and new features. No technical issues have been reported, suggesting fundamentals remain solid despite short-term price pressure.
Sui's native stablecoin USDsui innovates by using yield from its Treasury bond reserves to buy back SUI tokens on the open market, rather than the issuer keeping the profits. This approach recycles earnings back into the Sui ecosystem, supporting tok...
BlockDAG is gaining attention as a promising new crypto with a live rollout, low entry price of $0.00000019, and active staking rewards. It offers high transaction speeds and physical mining opportunities, suggesting strong community trust and potent...
Sui's circulating supply is set to increase by about 22.2 million tokens (0.55%) in August, less than some reports suggested. This modest supply rise is unlikely to be the main driver of recent price declines, which began before the token unlock. Cur...
SUI, the native token of Sui Network, is releasing about $15.4 million in new tokens daily this week as part of a continuous vesting schedule, unlike BEAT's single large unlock of $81.66 million on August 1. This gradual release spreads new supply ac...
Sui (SUI) cryptocurrency fell 8.76% over the past week, pressured by upcoming token unlocks totaling 13.72 million tokens on August 1, which may increase supply and selling pressure. The market shows short-term bearish sentiment with declining open i...
