Pepe

<p>Sui (SUI) has exhibited a recent surge, demonstrating its strength in the face of market volatility. This positive trend is driven by significant network updates, the introduction of the Grayscale SUI Trust, and large over-the-counter bids, boosting investors’ confidence. As a result, the cryptocurrency has seen a strong surge despite broader market challenges.</p>
<h2 id="strong-sui-key-statistics-strong"><strong>SUI Key Statistics</strong></h2>
<ul>
 <li>Current Price: $0.864</li>
 <li>Market Cap: $2.32 billion</li>
 <li>Trading Volume (24h): $377.39 million</li>
 <li>Circulating Supply: 2.68 billion SUI</li>
 <li>Total Supply: 10.00 billion</li>
 <li>CoinMarketCap Ranking: #31</li>
</ul>
<p><a href="https://insidebitcoins.com/news/sui-price-prediction-for-today-august-12-sui-technical-analysis" rel="noopener noreferrer nofollow">Over the past 30 days, Sui’s value has decreased by 22.31% from its peak</a>, and it is down by 2.23% over the last 7 days. However, from its lowest prices within this same period, the cryptocurrency has surged 43.68% in the last month and 16.14% in the past week, demonstrating its capability to rebound quickly.</p>
<h2 id="strong-sui-usd-market-analysis-strong"><strong>SUI/USD Market Analysis</strong></h2>
<p><strong>Key Levels</strong>:</p>
<p><strong><em>Resistance</em></strong><em>: $0.880, $0.900, $1.00</em></p>
<p><strong><em>Support:</em></strong><em> $0.858, $0.707, $0.600</em></p>
<figure id="attachment_574210" aria-describedby="caption-attachment-574210" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-574210 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/09/SUIUSD_2024-09-07_14-34-49.png" alt="Sui (SUI) Price Analysis for Today, September 7 – SUI Technical Analysis" width="980" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/SUIUSD_2024-09-07_14-34-49.png 980w, https://insidebitcoins.com/wp-content/uploads/2024/09/SUIUSD_2024-09-07_14-34-49-300x175.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/SUIUSD_2024-09-07_14-34-49-240x140.png 240w, https://insidebitcoins.com/wp-content/uploads/2024/09/SUIUSD_2024-09-07_14-34-49-768x447.png 768w" sizes="(max-width: 980px) 100vw, 980px">
 <figcaption id="caption-attachment-574210" class="wp-caption-text">
  SUIUSD – Daily Chart
 </figcaption>
</figure>
<p><a href="https://coinmarketcap.com/currencies/sui/" rel="noopener noreferrer nofollow">SUI/USD is currently testing the $0.858 support level</a>, with the price hovering near the middle Bollinger Band, signaling potential bullish momentum. The MACD line remains close to crossing above the signal line, which could indicate a strengthening uptrend if confirmed. Should the price hold above $0.858, there is potential for it to challenge the resistance levels of $0.880 and $0.900. A break above these points could push the price towards the psychological level of $1.00.</p>
<h2 id="strong-can-sui-maintain-its-momentum-after-a-50-surge-in-august-strong"><strong>Can SUI Maintain Its Momentum After a 50% Surge in August?</strong></h2>
<p>Following Bitcoin’s decline to $55,000, few cryptocurrencies managed to show positive figures, with SUI standing out among them. Throughout August, the cryptocurrency was one of the top performers, experiencing a remarkable 50% surge despite the broader market downturn. This resilience was driven by several factors, such as network upgrades, substantial over-the-counter (OTC) purchases, and solid holder support during major unlock events.</p>
<p><strong>Sui Thriving In The Crypto Ecosystem</strong></p>
<p><iframe title="SUI Is The New Solana (BEST Ecosystem in CRYPTO)" width="640" height="360" src="https://www.youtube.com/embed/ODBH2DFiPOg?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>
<p>Additionally, Grayscale, a leading crypto asset manager, introduced its Grayscale SUI Trust, further boosting the cryptocurrency’s bullish momentum. This positive trend pushed the coin’s price to levels not reached since mid-June. If the coin manages to stay above the critical $0.858 support, it could continue its march toward higher resistance levels.</p>
<h2 id="strong-sui-btc-performance-insights-strong"><strong>SUI/BTC Performance Insights</strong></h2>
<p>In the SUI/BTC pair, Sui is currently trading at 0.00001586 BTC, having faced resistance near 0.00001620 BTC. The pair is positioned near the middle Bollinger Band, indicating a neutral stance in the market. The MACD suggests mild bullish potential, with the price likely to test resistance at 0.00001620 BTC. A breakthrough here could see the price rise to 0.00001744 BTC, while a failure might prompt a retest of support around 0.00001267 BTC.</p>
<figure id="attachment_574211" aria-describedby="caption-attachment-574211" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-574211 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/09/SUIBTC_2024-09-07_14-35-34.png" alt="Sui (SUI) Price Analysis for Today, September 7 – SUI Technical Analysis" width="980" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/SUIBTC_2024-09-07_14-35-34.png 980w, https://insidebitcoins.com/wp-content/uploads/2024/09/SUIBTC_2024-09-07_14-35-34-300x175.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/SUIBTC_2024-09-07_14-35-34-240x140.png 240w, https://insidebitcoins.com/wp-content/uploads/2024/09/SUIBTC_2024-09-07_14-35-34-768x447.png 768w" sizes="(max-width: 980px) 100vw, 980px">
 <figcaption id="caption-attachment-574211" class="wp-caption-text">
  SUIBTC – Daily Chart
 </figcaption>
</figure>
<p>In a Tweet on X (formerly Twitter), @InsightsH2P highlights Sui Network’s innovative approach of using radio waves for cryptocurrency transactions, bypassing traditional internet-based challenges like network congestion. He mentions Grayscale’s recent establishment of a trust fund for Sui Network, which has significantly boosted the token’s value, suggesting that its Network is a prominent blockchain to watch.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SUI</a> on the way to becoming the most special Blockchain in the world 💥💥💥<a href="https://twitter.com/SuiNetwork?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SuiNetwork</a> is testing the use of Radio waves to conduct Crypto transactions without the need for internet.</p>
 <p>Overcoming the almost unique weakness of the Blockchain industry, gradually separating from… <a href="https://t.co/vdASMPaNoJ" rel="noopener noreferrer nofollow">pic.twitter.com/vdASMPaNoJ</a></p>
 <p>— H2P Insights (@InsightsH2P) <a href="https://twitter.com/InsightsH2P/status/1831941064107946227?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 6, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="strong-alternatives-to-sui-strong"><strong>Alternatives to Sui</strong></h2>
<p>Sui (SUI) is strengthening its foothold in the crypto market, experiencing recent growth due to network upgrades, the Grayscale Trust, and substantial OTC bids, which have enhanced investors’ confidence despite market volatility. At the same time, <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Pepe Unchained ($PEPU) is emerging as a notable contender, having raised $12.3 million in its presale</a> and gearing up for a major DEX launch. The presale is accessible to all investors.</p>
<p>The project’s highlight is the Pepe Chain, aimed at resolving common issues in the meme coin sector by providing faster transaction speeds and lower fees, all while remaining Ethereum-compatible. It also includes a staking protocol that lets $PEPU holders lock their tokens for rewards, with projected annual yields of 177%. Currently, over 902 million $PEPU have been staked.</p>
<p><strong>PEPE UNCHAINED RAISES $12MILLION – HUGE BUYS COMING IN</strong></p>
<p><iframe title="🔥 PEPE UNCHAINED RAISES $12MILLION!! HUGE BUYS COMING IN!" width="640" height="360" src="https://www.youtube.com/embed/f6xEjceJR7Y?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>
<p>Early investors can buy $PEPU tokens at $0.0095743 during the presale, with <a href="https://youtu.be/f6xEjceJR7Y?si=GQ6_U5nITQj7lYOg" rel="noopener noreferrer nofollow">strong growth expected as the project moves toward its next funding milestone.</a> With an active community of more than 13K X followers, Pepe Unchained is gaining momentum.</p>
<p>As the project progresses, it offers an enticing opportunity for those looking to benefit from the next wave of meme coin investments.</p>
<p><a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Visit Pepe Unchained</a></p>
<h2 id="related-news">Related News</h2>
<ul>
 <li><p class="entry-title"><a href="https://insidebitcoins.com/news/best-crypto-to-buy-now-september-6-sui-mantra-arbitrum" rel="noopener noreferrer nofollow">Best Crypto to Buy Now September 6 – Sui, MANTRA, Arbitrum</a></p></li>
 <li><p class="entry-title"><a href="https://insidebitcoins.com/news/pepe-unchained-surges-past-12m-in-presale-as-smart-money-pours-into-the-ultimate-pepe" rel="noopener noreferrer nofollow">Pepe Unchained Surges Past $12M In Presale As Smart Money Pours Into The Ultimate PEPE</a></p></li>
</ul>

Sui (SUI) Price Analysis for Today, September 7 – SUI Technical Analysis

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