Sui (SUI) is a cryptocurrency . Sui has a current supply of 10,000,000,000 with 3,089,707,194.508888 in circulation. The last known price of Sui is 2.80223127 USD and is down -23.81 over the last 24 hours. It is currently trading on 549 active market(s) with $2,932,012,063.75 traded over the last 24 hours. More information can be found at https://sui.io/#.
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The start of the day was pretty consolidated for the crypto markets, with the trading volume slashing heavily by close to 30%. Both bulls and bears remain resilient, which may drop the volatility, leading to a range-bound consolidation for a while.
SUI, the native token of the Layer-1 blockchain, has taken a major hit, dropping more than 30% in a month. Such a massive drop has raised concerns among traders, with crypto analyst Jason Pizzino warning that the token might be following a historical pattern that led to a deep crash in the past.
Cryptocurrency analyst and trader Jason Pizzino is warning that one Solana (SOL) competitor is at risk of a severe correction. In a new video, Pizzino tells his 345,000 YouTube subscribers that Sui (SUI) may be repeating a historic pattern that could lead to a collapse.
SUI price has been up roughly 4% in the last 24 hours but has remained down 30% over the past month. Despite slight recovery, its technical indicators still point to an overall bearish setup, with both the Ichimoku Cloud and EMA lines suggesting strong resistance ahead.