{"id":593622,"date":"2024-10-31T15:33:16","date_gmt":"2024-10-31T15:33:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=593622"},"modified":"2024-10-31T15:33:46","modified_gmt":"2024-10-31T15:33:46","slug":"will-sui-crypto-reach-new-highs-as-bitcoin-approaches-all-time-records","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/will-sui-crypto-reach-new-highs-as-bitcoin-approaches-all-time-records","title":{"rendered":"Will $SUI Crypto Reach New Highs as Bitcoin Approaches All-Time Records?"},"content":{"rendered":"<p>With <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/bitcoin-price\">Bitcoin<\/a> nearing its all-time high and entering a promising price discovery phase, a surge is evident across the crypto market. Various coins, including <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-altcoins\">altcoins<\/a> and meme tokens, are experiencing substantial upward movement, reflecting positive market momentum.<\/p>\n<p>Among them, $SUI coin has attracted attention, showing remarkable growth with a recent rally from $1.62 to $2.08 within seven days. Analysts suggest that Sui might soon retest its all-time high, potentially reaching valuations around $6-9 billion.<\/p>\n<p>Sui is quickly establishing itself as a standout player among new networks in the crypto space. Recently, the coin garnered attention by attracting a remarkable $8.6 million investment. This substantial funding boosts Sui&rsquo;s standing and prominence in the highly competitive digital currency market.<\/p>\n<p><iframe title=\"SUI Crypto PRICE | SUI NEWS - $2.50 COMING?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/gB69ltk_wdI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>$SUI Crypto Price Prediction<\/h2>\n<p>As of today, October 31, $SUI is currently priced at $2.02, with a 24-hour trading volume of $708.4 million and a market capitalization of $5.50 billion. Historically, $SUI coin has traded in wedge patterns followed by significant breakouts.<\/p>\n<p>Despite recent gains of over 3x, analysts believe there&rsquo;s still room for growth, though the Relative Strength Index (RSI) indicates it&rsquo;s approaching overbought territory. Key support remains at $1.60, with projections estimating further upward potential toward the $2.82-$2.66 range.<\/p>\n<p>However, with the market exhibiting high levels of interest, caution is advised against FOMO (Fear of Missing Out), especially as $SUI&rsquo;s RSI hovers near overbought. For investors who got in early, gains could exceed 28% in just a few days.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-593626\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/sui-crypto-7-days-price-graph.jpg\" alt=\"Sui Crypto 7 Days Price Graph\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/sui-crypto-7-days-price-graph.jpg 1920w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/sui-crypto-7-days-price-graph-300x169.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/sui-crypto-7-days-price-graph-1024x576.jpg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/sui-crypto-7-days-price-graph-768x432.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/sui-crypto-7-days-price-graph-1536x864.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\"><\/p>\n<p>As Sui continues to capture bullish sentiment, it&rsquo;s considered one of the most promising assets, with price targets up to $5 in the future. The crypto market&rsquo;s overall exuberance extends to various sectors, from Layer 1s and Layer 2s to meme coins, all rallying as Bitcoin inches toward $73,000.<\/p>\n<p>For a thorough analysis of Sui price predictions, check out the video above and subscribe to Jacob Crypto Bury&rsquo;s <a href=\"https:\/\/www.youtube.com\/@JacobCryptoBury\">YouTube channel<\/a>. Further crypto insights and exclusive early calls are available within his dedicated <a href=\"https:\/\/insidebitcoins.com\/visit\/jacob-crypto-bury-discord\" rel=\"nofollow\">Discord community<\/a>, where members benefit from trading tips and updates on the <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/new-upcoming-icos\">upcoming crypto presales.<\/a><\/p>\n<h2>MemeFi Developers Move Token Launch from Ethereum to Sui for Enhanced User Experience<\/h2>\n<p>The creators of the Telegram-based game MemeFi have revealed a major change in their token launch approach, transitioning from the Ethereum Linea to the Sui network. This strategic pivot is designed to leverage the distinctive advantages that Sui provides.<\/p>\n<p>With the token launch set for November 12, which will feature an airdrop for players, this decision comes just weeks before the event.<\/p>\n<p>The developers pointed out that their integration with Sui aims to educate users about the network&rsquo;s benefits, particularly its speed and affordability. This move further establishes Sui as an innovative platform capable of attracting a broad user audience.<\/p>\n<h3>Related<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/sui-price-prediction-sui-soars-10-but-experts-say-consider-this-layer-2-pepe-for-parabolic-gains\">Sui Price Prediction: SUI Soars 10%, But Experts Say Consider This Layer-2 PEPE For Parabolic Gains<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-october-29-pepecoin-io-sui-mog-coin-shiba-inu\">Next Cryptocurrency to Explode, October 29 &mdash; PepeCoin.io, Sui, Mog Coin, Shiba Inu<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/5-best-altcoins-to-buy-now-october-29-ethena-bitcoin-sv-thorchain-sui\">5 Best Altcoins to Buy Now October 29 &ndash; Ethena, Bitcoin SV, THORChain, Sui<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-invest-in-today-october-24-popcat-sui-dydx-celestia\">6 Best Altcoins To Invest In Today October 24 &ndash; Popcat, Sui, dYdX, Celestia<\/a><\/li>\n<\/ul>\n                                        <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\">Most Searched Crypto Launch - Pepe Unchained<\/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\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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Various coins, including altcoins <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1899,"featured_media":593623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-593622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will $SUI Crypto Reach New Highs as Bitcoin Approaches All-Time Records? - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"With Bitcoin nearing its all-time high and entering a promising price discovery phase, a surge is evident across the crypto market. 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