Sui Cryptocurrency Surges Over 7%, Hits $2.17 Billion Market Cap

John Darbie
Photo: Finoracle.net

Cryptocurrency Sui Rises More Than 7% in 24 Hours

Sui's price has jumped 7.19% in just 24 hours, reaching $0.90, a positive shift from its downturn over the past week. Just a week ago, Sui was valued at $1.00 but faced a 10.0% loss, bringing its price down to $0.90.

All-Time High and Current Performance

At its peak, Sui's all-time high was $2.17. Comparing recent activity, the price movement and volatility for Sui have fluctuated. The gray bands in the chart known as Bollinger Bands provide a measure of this volatility covering daily and weekly price movements. Wider bands indicate larger volatility.

Trading Volume and Circulating Supply

In the past week, Sui's trading volume has dropped by 16.0%. Conversely, the circulating supply has increased by 0.15%, bringing the total in circulation to 2.43 billion coins. This accounts for an estimated 24.26% of its maximum supply of 10.00 billion coins.

Market Cap Ranking

As of now, Sui's market cap stands at $2.17 billion, ranking it at #48 among cryptocurrencies.


Key Takeaways:

  • Sui's price increased by 7.19% in 24 hours, now at $0.90.
  • Weekly performance shows a 10.0% loss, down from $1.00 to $0.90.
  • All-time high was $2.17.
  • Trading volume dropped by 16.0% this week.
  • Circulating supply increased to 2.43 billion, or 24.26% of max supply.
  • Market cap is $2.17 billion, ranking #48.
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John Darbie is a seasoned cryptocurrency analyst and writer with over 10 years of experience in the blockchain and digital assets industry. A graduate of MIT with a degree in Computer Science and Engineering, John specializes in blockchain technology, cryptocurrency markets, and decentralized finance (DeFi). His insights have been featured in leading publications such as CoinDesk, CryptoSlate, and Bitcoin Magazine. John’s articles are renowned for their thorough research, clear explanations, and practical insights, making them a reliable source of information for readers interested in cryptocurrency. He actively follows industry trends and developments, regularly participating in blockchain conferences and webinars. With a strong reputation for expertise, authoritativeness, and trustworthiness, John Darbie continues to provide high-quality content that helps individuals and businesses navigate the evolving world of digital assets.