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One altcoin has the potential to outperform all others in the upcoming market cycle, according to a well-known cryptocurrency analyst. 
Guy Turner, the host of Coin Bureau, claims in a new video update that Sui (SUI), a rival of Aptos (APT), has the potential to outperform other digital assets during the subsequent bull market. In the upcoming cycle, “SUI could very easily rank among the top-performing cryptocurrencies.” 
The layer-1 project may experience “significant” sell pressure throughout its three waves of token unlocks between November and May 2025, according to Turner, who is long-term optimistic about SUI. 
“There will be a significant token unlock in May of this year, May of next year, and May of 2025. Given that SUI was sold for $0.03 per unit to Andreessen Horowitz and $0.10 per unit to the other crypto (venture capital firms), this could lead to strong sell pressure. Given that they purchased the SUI tokens at comparable rates, it’s also possible that regular people who participated in the SUI token sales on KuCoin, OKX, and Bybit will exert sell pressure. 
Turner continues by noting that despite the popularity of SUI, its cost is still rather affordable. 
The expert claims that SUI may be struggling because it was introduced during a bear market. Its value will rise once Hong Kong implements regulations for individual cryptocurrency investors. 
“SUI appears to be popular, but its pricing hasn’t kept up with demand. SUI’s defense is that the project just started and was introduced during a weak cryptocurrency market. When Hong Kong introduced its crypto laws for retail investors on June 1st, SUI’s Asian focus could boost the price. At the time of writing, SUI is trading for $1.22, an increase of nearly 10% over the previous day. 
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The post <a rel="nofollow" href="https://bitcoinworld.co.in/this-altcoin-could-be-one-of-the-top-performing-crypto-assets-next-cycle-according-to-coin-bureau/">This Altcoin Could Be One of the ‘Top-Performing’ Crypto Assets Next Cycle, According to Coin Bureau</a> appeared first on <a rel="nofollow" href="https://bitcoinworld.co.in">BitcoinWorld</a>.

This Altcoin Could Be One of the ‘Top-Performing’ Crypto Assets Next Cycle, According to Coin Bureau

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