{"id":565405,"date":"2024-08-16T10:21:45","date_gmt":"2024-08-16T10:21:45","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=565405"},"modified":"2024-08-16T10:18:28","modified_gmt":"2024-08-16T10:18:28","slug":"sui-price-prediction-sui-drops-3-as-bridge-mainnet-launch-nears-as-traders-shift-focus-to-stars-ico-for-its-3534-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/sui-price-prediction-sui-drops-3-as-bridge-mainnet-launch-nears-as-traders-shift-focus-to-stars-ico-for-its-3534-apy","title":{"rendered":"Sui Price Prediction: SUI Drops 3% As Bridge Mainnet Launch Nears As Traders Shift Focus To STARS ICO For Its 3534% APY"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Sui price dropped 3% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/sui-network\/pools\/0xcf994611fd4c48e277ce3ffd4d4364c914af2c3cbb05f7bf6facd371de688630\"><span style=\"font-weight: 400\">to trade at $0.8658<\/span><\/a><span style=\"font-weight: 400\"> as of 03:39 a.m. EST on trading volume that plunged 10% to $337 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This comes as the Sui Bridge mainnet launch nears. The Sui Bridge incentive program is already rolling out rewards to participants through its official Testnet site.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128227; This just in! Rewards from the Sui Bridge incentive program are available and ready to claim. If you've participated in the incentive program, visit <a href=\"https:\/\/t.co\/aD0sfh2mqp\">https:\/\/t.co\/aD0sfh2mqp<\/a> and claim rewards if eligible.<\/p>\n<p>Since the Sui Bridge incentive program kicked off in June, over 184k&hellip; <a href=\"https:\/\/t.co\/E3ae1TMji4\">pic.twitter.com\/E3ae1TMji4<\/a><\/p>\n<p>&mdash; Sui (@SuiNetwork) <a href=\"https:\/\/twitter.com\/SuiNetwork\/status\/1824143844386230356?ref_src=twsrc%5Etfw\">August 15, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">During the program, the Sui team has mainly concentrated on five crucial areas: functionality, stress, security, and governance.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With the Sui Bridge showing its resilience and robustness, it is now coming closer to its mainnet launch.<\/span><\/p>\n<h2>Sui Price Could Rebound Towards A Bullish Rally<\/h2>\n<p><span style=\"font-weight: 400\">The Sui price analysis on the 4-chart, according to data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/sui-network\/pools\/0xcf994611fd4c48e277ce3ffd4d4364c914af2c3cbb05f7bf6facd371de688630\"><span style=\"font-weight: 400\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400\">, has been on a downtrend from the $1.1 resistance to the $0.82 support zone within a falling channel pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400\">SUI trades well above the 200-day Simple Moving Average (SMA), which shows that the price could still be on an upward trend. If the trend starts at this point, the price of Sui could surpass the 50-day SMA at $0.888<\/span><\/p>\n<p><span style=\"font-weight: 400\">Moreover, the Relative Strength Index (RSI) seems to be rebounding from below the neutral point as it hurtles towards the midline level, currently at 44, which indicates that buying pressure is building up.&nbsp;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Sui price analysis shows a bullish bias, with technical indicators showing that the price of Sui is gearing up towards a bullish rally. If investors capitalize on the RSI to start buying at the current price, SUI could soar, as the bulls target $1.10.<\/span><\/p>\n<figure id=\"attachment_565408\" aria-describedby=\"caption-attachment-565408\" style=\"width: 1255px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-565408 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Cetus-_GeckoTerminal.com_SUI_2024-08-16_10-39-20.png\" alt=\"Sui Price Chart Analysis Source: GeckoTerminal.com\" width=\"1255\" height=\"508\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Cetus-_GeckoTerminal.com_SUI_2024-08-16_10-39-20.png 1255w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Cetus-_GeckoTerminal.com_SUI_2024-08-16_10-39-20-300x121.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Cetus-_GeckoTerminal.com_SUI_2024-08-16_10-39-20-1024x414.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Cetus-_GeckoTerminal.com_SUI_2024-08-16_10-39-20-768x311.png 768w\" sizes=\"(max-width: 1255px) 100vw, 1255px\"><figcaption id=\"caption-attachment-565408\" class=\"wp-caption-text\">Sui Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">However, if the bears take control of the price at this level, SUI could drop back to the immediate support level at $0.78 (200-day SMA).<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, a new meme coin is turning heads. <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/cryptoallstars\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto All-Stars (STARS)<\/span><\/a><span style=\"font-weight: 400\"> promises massive gains for its investors as it garners over $451K in its ongoing presale.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Jacob Bury, a prominent crypto YouTuber, $STARS has the potential to soar 10X after its launch.<\/span><\/p>\n<p><iframe title=\"New 10X Potential MEME COIN Crypto Allstars Goes Live (BIG Potential?!)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/JhA2h2SdBuo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>The Crypto All-Stars Presale Amasses Over $451K &ndash; Next Meme Coin To Explode?<\/h2>\n<p><span style=\"font-weight: 400\">You want to stake DOGE, SHIB, FLOKI in the easiest way possible? All in one platform? Crypto All-Stars, a new crypto initiative makes this happen. This project has launched a platform that seeks to bring together diverse meme coins.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Why Is Everyone Excited?<\/p>\n<p>In its initial presale phase, Crypto All-Stars raised over $350k! &#128176;<\/p>\n<p>This early success shows that investors see BIG potential here. &#128640;<\/p>\n<p>Could this be the next <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a>? &#128064;<\/p>\n<p>&mdash; web3telepath (@web3telepath) <a href=\"https:\/\/twitter.com\/web3telepath\/status\/1824051738833260654?ref_src=twsrc%5Etfw\">August 15, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Through its unique MemeVault protocol, users can stake their preferred meme tokens on this platform and earn rewards in STARS, the platform&rsquo;s native token.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The VIP list of meme coins on Crypto All-Stars includes Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Based Brett, MogCoin, Milady, TurboToken, Toshi The Cat, Coq Inu, and BonkCoin. More meme coins will be added.<\/span><\/p>\n<p><span style=\"font-weight: 400\">You can also <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/cryptoallstars\" rel=\"nofollow\"><span style=\"font-weight: 400\">buy and stake $STARS<\/span><\/a><span style=\"font-weight: 400\"> for an annual percentage yield (APY) of 3534%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">You can buy $STARS tokens for $0.0013855 each. However, with a price increase coming in about one day, you should act fast to get the meme coin at the best possible price.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/cryptoallstars\" rel=\"nofollow\"><span style=\"font-weight: 400\">Purchase $STARS from its official website here<\/span><\/a><span style=\"font-weight: 400\"> using BNB, USDT, or a bank card.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-staking-coins\/\"><span style=\"font-weight: 400\">Best Staking Coins to Buy in 2024 &ndash; Earn Crypto Passive Income<\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/pulse\/best-crypto-watch-2024-top-5-cryptocurrencies-high-calsona-f8pve\"><span style=\"font-weight: 400\">Best Crypto to Watch in 2024: Top 5 Cryptocurrencies with High Potential<\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/pulse\/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe\"><span style=\"font-weight: 400\">&#128640; Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024! &#128640;<\/span><\/a><span style=\"font-weight: 400\">&nbsp;<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">                                         <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">PlayDoge (PLAY) - Newest ICO On BNB Chain<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/playdoge.svg\" alt=\"PlayDoge\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>2D Virtual Doge Pet<\/li>\n                                                                                                    <li>Play To Earn Meme Coin Fusion<\/li>\n                                                                                                    <li>Staking &amp; 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