Sui has seen around a 100% spike in the past 3 weeks. The rally seems to be cooling, and many are wondering now: how much higher Sui prices have climbed into this cycle? Is it a good time to buy, or have easy money made?
In one of his latest videos titled “Can Sui 20x come from here? Sui News and Price predictions,” The analyst behind the youtube channel Money and me Dives deep into the current landscape of SUI. He reviews basic data on the market, shares personal views, and puts a realistic path to which Sui can go.
At the time of posting, the SUI price traded around $ 3.66, according to CoinMarketCap. It was a wonderful 73% in the last seven days and 43% last month, boasting a market cap of approximately $ 11.91 billion, enough to flip the chainlink and move to #11 place in general.
Sui Price Surge: A new all-time highly incoming?
The analyst from Money and me Starts by highlighting how SUI has passed the past $ 3.69, with a weekly benefit of 72%, and now looks at the key $ 5 level. He reminds viewers that the past all of SUI's time was over $ 5, and given the current momentum, he wouldn't be surprised if it crashed soon.
Supporting this optimism is a series of bullish stats. The Total amount locked (TVL) in Sui Blockchain would jump by 38%, up to $ 1.6 billion. The decentralized exchange (DEX) volume also exploded, with an increase of 177% carrying a 24 -hour volume to $ 599 million. SUI's price was successfully damaged above the critical $ 2.90 resistance, which sets the views firmly to $ 5 to the next.
Looking at Defi Llama data, TVL is currently standing at $ 1.78 billion, up to 15% in the past 24 hours. Surging on-chain metrics are strong signs of growing adoption and trust in the Sui ecosystem.
Why does the analyst believe that sui is this strong layer-1 bet
Throughout the video, the Money and me Analyst shared his personal experience holding SUI because of around $ 0.80 range. As he took some income along the way, he emphasized that his whole target was not yet reached, and he was still holding it.
She makes an interesting point: every bull cycle has a breakout layer-1 project, and she strongly believes that sui is That is Coins at this time. While some people are already comparing Sui to Solana, the analyst emphasizes that Sui Flips Solana doesn't matter. Although the SUI only matches Solana's current market cap around $ 78 billion, the potential reversal is huge.
If Sui reaches Solana's market cap, the SUI price can rise around $ 24 per token, representing a 568% gain from the current price. With a stronger “Supercycle” scenario, if Sui climbs to a $ 90 billion market cap, it can be higher. However, he personally sets up a more conservative target around a $ 50 billion market cap, to put SUI at about $ 15: a realistic and reaching goal without relying on the hype.
Meme coins, dex growth, and advice for new Sui buyers
Another interesting -kind angle covered by the analyst is the booming meme coin market in Sui. Projects such as FUD, Blub, and UNI have seen massive acquisitions, with a few up to 700% a week. According to Money and I, The promotion of this activity shows that people are paying attention to the Sui ecosystem again.
Also Read: We asked AI to guess the SUI price for 2025 when the bull market is over
He also reviews some SUI -based projects like Cetus, a DEX that he believes still has significant potential reversal. Although Cetus went to parabolic after being listed in Binance, the analyst believes it can reach a $ 1-2 billion market cover during this cycle, especially once it gets additional lists like Coinbase.
For those who think about entering the Sui today, the analyst offers a word of caution. If you miss entering around $ 0.8- $ 0.9, this may not be the best time to jump blindly. He advises waiting for a potential pullback rather than buying the current wave of euphoria. As he puts it on, “Markets always pass through relief and cool-off rallies, it's part of the cycle.”
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