Sui Price Prediction: SUI Surges 31% As This P2E DOGE Rockets Past $6 Million
The Sui price surged 31% in the last 24 hours to trade at $0.8462 as of 03:36 a.m. EST on trading volume that skyrocketed 52% to $389 million. SUI has been in a sustained rally in the last two days after Grayscale announced on Wednesday the launch of two new crypto investment funds for Bittensor (TAO) and Sui (SUI) tokens. The new funds, coming in as single-asset funds, will provide investors with exposure to potential price growth from the developments taking place in the Bittensor and Sui protocols. The move also reflects the steps Grayscale is taking to expand its decentralized investment offerings. Sui Price Prediction: The SUI Price Aims For A Continued Rally The Sui price was in a downward trend from July 29 to Aug. 5, dropping from the $0.78 resistance to the $0.52 support level. SUI bulls then gained control of the altcoin’s price, pushing it through a markup phase as the SUI price reclaimed the $0.52 resistance, forming a rounding bottom pattern. Investor...