Sui Price Prediction: SUI Drops 3% As Traders Shift Focus To This New Meme Coin With 100X Potential

The Sui worth dropped 3% within the final 24 hours to commerce at $0.8658 as of 03:39 a.m. EST on buying and selling quantity that plunged 10% to $337 million.

This comes because the Sui Bridge mainnet launch nears. The Sui Bridge incentive program is already rolling out rewards to members by way of its official Testnet web site.

📣 This simply in! Rewards from the Sui Bridge incentive program can be found and able to declare. In case you’ve participated within the incentive program, go to https://t.co/aD0sfh2mqp and declare rewards if eligible.

Because the Sui Bridge incentive program kicked off in June, over 184k… pic.twitter.com/E3ae1TMji4

— Sui (@SuiNetwork) August 15, 2024

Throughout this system, the Sui group has primarily targeting 5 essential areas: performance, stress, safety, and governance.

With the Sui Bridge exhibiting its resilience and robustness, it’s now coming nearer to its mainnet launch.

Sui Value May Rebound Into A Bullish Rally

The Sui worth evaluation on the 4-chart, in accordance with information from GeckoTerminal, has been on a downtrend from the $1.1 resistance to the $0.82 assist zone inside a falling channel sample.

SUI trades nicely above the 200 Easy Transferring Common (SMA), which exhibits that the worth may nonetheless be on an upward development. If the development begins at this level, the worth of Sui may surpass the 50 SMA at $0.888

Furthermore, the Relative Energy Index (RSI) appears to be rebounding from beneath the impartial level because it hurtles in the direction of the midline degree, at present at 44, which signifies that purchasing stress is build up.  

The Sui worth evaluation exhibits a bullish bias, with technical indicators exhibiting that the worth of Sui is gearing for a possible rally. If traders capitalize on the RSI and begin shopping for on the present worth, SUI may soar to as excessive as $1.10.

Nevertheless, if the bears take management of the worth at this degree, SUI may drop again to the speedy assist degree at $0.78 (200 SMA).

In the meantime, a brand new meme coin is popping heads. Crypto All-Stars ($STARS) guarantees huge positive aspects for its traders because it garners over $451K in its ongoing presale.

In keeping with Jacob Bury, a distinguished crypto YouTuber, $STARS has the potential to soar 10X after its launch.

The Crypto All-Stars Presale Amasses Over $451K

Do you need to stake DOGE, SHIB, or FLOKI within the simplest way doable? Multi function platform? Crypto All-Stars, a brand new crypto initiative makes this doable. This challenge has launched a platform that seeks to carry collectively numerous meme cash.

Why Is Everybody Excited?

In its preliminary presale section, Crypto All-Stars raised over $350k! 💰

This early success exhibits that traders see BIG potential right here. 🚀

May this be the subsequent $PEPE? 👀

— web3telepath (@web3telepath) August 15, 2024

Via its distinctive MemeVault protocol, customers can stake their most popular meme tokens on this platform and earn rewards in $STARS, which is the platform’s native token.

The VIP record of meme cash on Crypto All-Stars contains Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Primarily based Brett, MogCoin, Milady, TurboToken, Toshi The Cat, Coq Inu, and BonkCoin. Extra meme cash can be added in coming months.

You may as well purchase and stake $STARS for an annual proportion yield (APY) of three,534%.

The crypto is promoting for $0.0013855. Nevertheless, with a worth improve coming in about at some point, it is best to act quick to get the meme coin at the absolute best worth.

Buy $STARS from its official web site right here utilizing BNB, USDT, or a financial institution card.

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