Sui Cryptocurrency Surges Over 4% in Just One Day
Recent Price Surge of Sui Cryptocurrency
Over the previous 24 hours, Sui's cryptocurrency has seen a remarkable increase of 4.27%, bringing its price to $1.59. This growth is part of a notable upward trend, as the price has risen by 35.0% this past week alone, jumping from $1.17 to its current value. For context, the coin's all-time high stands at $2.17.
Understanding Price Movement and Volatility
Within the last day, fluctuations in Sui's price have been closely tracked, showcasing its volatility. The relationship between price movements and volatility over the last 24 hours can be observed. The price action can be interpreted using Bollinger Bands, which indicate periods of heightened activity indicated by wider bands, signaling increased volatility.
Trading Volume and Circulating Supply Insights
In addition to price changes, the trading volume for Sui has significantly risen, increasing by 50.0% over the last week. Furthermore, the circulating supply of the currency has grown by 0.18%, totaling more than 2.68 billion coins. This amount constitutes around 26.8% of the max supply, capped at 10.00 billion. The current market capitalization of Sui stands at an impressive $4.28 billion, placing it at a rank of #27.
Market Cap and Ranking of Sui
Sui continues to make waves in the cryptocurrency space, maintaining a solid market cap. This level of investment interest highlights the growing popularity of Sui as a digital asset. The ongoing trading activities suggest that investors are optimistic about its potential to reach new highs.
Future Outlook for Sui Cryptocurrency
As we look to the horizon, the recent performance of Sui may attract more investors. Enthusiasts and analysts alike are keenly watching its trajectory, considering both historical performance and market dynamics. Keeping an eye on market indicators and trading volumes could provide insights into future price movements.
Frequently Asked Questions
What caused Sui's recent price rise?
Sui's price increase can be attributed to market interest and a significant rise in trading volume, highlighting investor confidence.
How high is Sui's all-time high?
Sui's all-time high is recorded at $2.17, reflecting its potential for future growth.
What is the circulating supply of Sui?
The circulating supply of Sui has reached over 2.68 billion coins, representing 26.8% of its maximum supply of 10.00 billion.
Where does Sui rank in market capitalization?
Sui currently holds the #27 position in terms of market capitalization, totaling around $4.28 billion.
What indicators suggest increased volatility for Sui?
Price charts and Bollinger Bands indicate periods of volatility, with wider bands suggesting greater price movement in the market.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Nike's New Leadership: A Path Towards Market Recovery
- $6.56 Million Verdict Highlights Bar Liability in Texas
- Understanding Cassava Sciences' Recent Options Activity Insights
- Exploring the Trading Landscape for Bitdeer Technologies
- McDonald's Stock Options: What Investors Are Watching
- Empowering Youth: 24 Hour Fitness and Angel City FC Camp
- Sila Services Expands Footprint with New Ohio Acquisition
- Impending Strike at Montreal Port Raises Supply Chain Concerns
- Enhancing Regional Collaboration for Quality Development
- Insights into Precision BioSciences and the Gene Editing Landscape
Recent Articles
- Provident Industrial Commences Development in Arizona Market
- Trigon Metals Celebrates Major Underground Production Success
- The Mather Group Achieves Remarkable Growth Amidst Client Focus
- Innovative Plaque Enhances Remembrance for Loved Ones
- Norway's Stock Market Shows Positive Momentum with Key Gainers
- Internet Computer's Value Surges: A Deep Dive into ICP Trends
- Cadex Solutions Enhances Debt Recovery with RCC Acquisition
- Party City's Price Cuts: Affordable Celebrations This Season
- Bittensor (TAO) Shows Remarkable Growth in Recent Trading
- TSC's Rebranding Journey: A New Era for Marketing Innovation
- Macquarie Group's Bold Move in D.E. Shaw's Green Energy Sector
- Pepe Cryptocurrency Sees Notable 4% Price Surge in Just 24 Hours
- Unlock Efficiency with Banner Engineering's Innovative Q90R Sensors
- Dar Global Partners with Mouawad for Luxury Villas Launch
- Innovation Expert Justin Berg Joins Washington Speakers Bureau
- Moroccan All Shares Experience Decline as Sectors Struggle
- Vortex Metals Discovers Copper and Precious Metals Potential
- Saie Climbs Aboard With The Boldest Climate Initiative Yet
- Deutsche Bank Lowers Charles Schwab Target While Affirming Buy
- Join Us for the 'Warmth of Giving: Miami Edition' Fundraiser
- Strategic Growth Initiatives with New Leadership at WishGarden Herbs
- Crescent Energy's Strategic Moves Captivate Market Attention
- Exploring the Hybrid Nature of Immune Cells in Therapy Development
- Hamilton Wingo Attorneys Earn Top Rankings for Legal Excellence
- Braze Inc's Future Growth Insights and Analyst Ratings Update
- Exciting Advancements in EdTech Highlighted During Demo Week
- Saipem Gains Confidence with Buy Upgrade and Higher Target
- Support Local Artists This Holiday Season with Museum Store Sunday
- Positive Outlook for AbbVie Stock Following Analyst Insights
- Supporting Breast Cancer Awareness: A Fruitful Partnership
- Remarkable Growth of United-Guardian Inc. Stock in Recent Weeks
- Exciting Fall Initiatives from Madison Avenue Couture Ahead
- Supermicro Launches Cutting-Edge Intel-Based X14 Servers
- Baird Optimistic About Q2 Holdings' Leadership Change and Growth
- Lightnin Introduces Powerful 981 Gearbox to Mixer Series
- Black Hills Corporation Reaches New High: A Comprehensive Overview
- Vallourec Faces Downgrade from Kepler Cheuvreux on Oil Concerns
- Schoeller-Bleckmann Faces Challenges as Stock Rating Lowers
- Major Banks Anticipate Continued Surge in Gold Prices
- Donaldson CEO Tod E. Carpenter's $3.99 Million Stock Sale
- Moody's Predicts Decline in US Fiscal Health Amid Political Challenges
- Athens Market Sees Gains with Composite Index Rising 0.80%
- Paramount Global Takes Bold Steps to Enhance Profitability
- Boeing's Safety Culture Transition: A Long-Term Commitment Ahead
- Biogen's Promising Lupus Drug Advancement Spurs Stock Movement
- Empowering Future Innovators: CDM Smith's Scholarship Program
- Complete Solar's Bold Acquisition of SunPower Assets Unveiled
- Albion KAY VCT PLC's Strong Half-Year Performance Review
- NNIT A/S Reports Latest Share Transactions by Management
- Casella Waste Systems Advances Sustainability in 2024 Report