Sui ($SUI) Crypto Forecast: Down 5.7% Today

What is Sui?

SUI is a cryptocurrency token that has experienced a significant bearish movement in the market today.

Why is Sui going down?

SUI crypto is down 5.7% on Jan 20, 2025 16:36

• The launch of $CHIRP token on multiple exchanges may have diverted investor attention and funds away from SUI, contributing to its bearish movement.
• The upcoming Blockchain Forum in Moscow could be drawing interest and investments towards other cryptocurrencies, causing a decrease in demand for SUI.
• The mention of SUI in a piece about the rise of Elluminex as a DeFi pioneer for 2025 might have shifted investor focus towards the new project, leading to a decline in SUI's value.
• The anticipation surrounding Trump's Inauguration potentially boosting certain cryptocurrencies may have overshadowed SUI, resulting in a drop in its momentum compared to other coins like $FXG.

SUI Price Chart

SUI Technical Analysis

SUI News

$CHIRP token goes live on Kucoin, gate.io and MEXC

$CHIRP token goes live on Kucoin, gate.io and MEXC

https://www.cryptoglobe.com/latest/2025/01/chirp-token-goes-live-on-kucoin-gate-io-and-mexc/

Blockchain Forum 2025: Global Crypto Leaders to Meet in Moscow

Blockchain Forum 2025: Global Crypto Leaders to Meet in Moscow

https://beincrypto.com/blockchain-forum-2025-global-crypto-leaders-to-meet-in-moscow/

2024 Belonged To Fantom And Sui, But Elluminex Rises As The Next Pioneer In DeFi For 2025!

2024 Belonged To Fantom And Sui, But Elluminex Rises As The Next Pioneer In DeFi For 2025!

https://coinpedia.org/press-release/elluminex-rises-as-the-next-pioneer-in-defi-for-2025/

Will Trump’s Inauguration Boost Crypto? Here Are The Top 10 Coins With The Most Potential

Will Trump’s Inauguration Boost Crypto? Here Are The Top 10 Coins With The Most Potential

https://www.newsbtc.com/news/will-trumps-inauguration-boost-crypto-here-are-the-top-10-coins-with-the-most-potential/

FX Guys ($FXG) Poised To Deliver $10,000 Returns On $100 While Momentum Drops On SUI And Cardano

FX Guys ($FXG) Poised To Deliver $10,000 Returns On $100 While Momentum Drops On SUI And Cardano

https://coinpedia.org/press-release/defi-gem-alert-fxguys-unique-features-positions-it-for-explosive-returns/

Trending Today

Uniswap ($UNI) Crypto Forecast: Down 5.1% Today

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Dogecoin ($DOGE) Crypto Forecast: Down 8.6% Today

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Bitcoin ($BTC) Crypto Forecast: Down 5.0% Today

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Sui Price History

17.00.2025 - SUI Crypto was up 6.3%

• SUI's price is near its highest point, reflecting increased development activity and growing enthusiasm surrounding the token.
• After a notable 11% increase in Stellar (XLM) value, it is possible that some investors reallocated their focus, leading to a surge in SUI buying pressure.
• The upbeat atmosphere in the cryptocurrency market, exemplified by XRP's resurgence and favorable CPI figures, likely influenced SUI's strong performance.
• Mentions of alternative options to Solana and recommendations for top crypto assets to acquire, including SUI, may have enticed more investors to view SUI as an appealing investment opportunity, further contributing to its upward trajectory.

17.00.2025 - SUI Crypto was up 5.3%

• SUI's strong bullish movement could be attributed to the overall positive sentiment in the cryptocurrency market, as evidenced by the rise in other altcoins like Stellar (XLM).
• The news of SUI's price hovering near an all-time high, coupled with increased development activity, likely boosted investor confidence and attracted more buyers to the token.
• The market's focus on alternative cryptocurrencies like SUI as cheap substitutes for top performers such as Solana might have also contributed to the increased demand and price surge of SUI.
• Phantom's successful fundraising and ambitious goal to become the world's biggest consumer finance platform could have generated excitement in the crypto community, leading to a broader positive outlook on digital assets like SUI.

20.00.2025 - SUI Crypto was down 5.2%

• The bearish movement in SUI today could be attributed to the rising competition in the DeFi sector as a new pioneer emerges in 2025.
• The anticipation surrounding Trump's Inauguration boosting crypto may have led investors to shift their focus towards other coins with more potential, impacting the momentum of SUI negatively.
• The drop in momentum on SUI and Cardano might have influenced traders to explore other opportunities, such as the potential $10,000 returns on $100 investment in FX Guys ($FXG).
• Overall, the market update from certain exchange could have also played a role in diverting attention away from SUI, contributing to its bearish movement today.

18.00.2025 - SUI Crypto was down 5.7%

• SUI experienced a bearish movement despite being highlighted as one of the best cryptocurrencies for high returns in 2025.
• The market might have reacted negatively to the news surrounding Solana's Phantom Wallet receiving a significant funding boost, potentially diverting attention and investment away from SUI.
• The focus on Solana and its substitutes for potential gains could have shifted investor sentiment away from SUI, contributing to its bearish movement.
• Overall, the competitive landscape within the cryptocurrency market and the influx of funding into alternative projects might have impacted SUI's performance negatively today.

18.00.2025 - SUI Crypto was down 5.5%

• Despite its potential for high returns in 2025, SUI faced a bearish trend today, possibly due to profit-taking or market correction.
• The overall market sentiment appears positive, with notable funding rounds for projects like Solana's Phantom Wallet and Phantom striving to establish itself as a leading consumer finance platform, signaling ongoing interest and investment in the crypto sector.
• Developments such as Binance listing AI agents and Grayscale token offerings might have had a more positive impact on other cryptocurrencies than on SUI, contributing to its bearish movement.

15.00.2025 - SUI Crypto was up 5.4%

• SUI's price surged and is aiming for the $10 mark, indicating a positive market sentiment.
• The mention of a potential death cross signal that initially caused a decline in price was quickly overshadowed by the bullish breakout.
• The upswing in SUI's price can be attributed to the positive market sentiment, with XRP leading a market recovery while Bitcoin faced challenges.
• Various factors such as CPI reports, DeFAI mindshare growth, and Bitcoin's price movements continue to impact the market, reflecting the ongoing volatility and investor sentiment in the cryptocurrency space.

15.00.2025 - SUI Crypto was down 5.9%

• The decline in value of SUI is likely influenced by the broader market sentiment amid the cryptocurrency volatility.
• The upcoming 'Crypto Ball' event linked to Trump's Inauguration could have caused investors to focus on alternative tokens, resulting in a sell-off of SUI.
• Speculation and long-term price forecasts for SUI (2025 and beyond) might have introduced uncertainty among traders, impacting the current bearish trend.
• Despite ETF outflows, Bitcoin's robust performance, climbing back to $96,500, may have steered investor interest away from altcoins like SUI, affecting its market price negatively.

14.00.2025 - SUI Crypto was up 5.0%

• The positive sentiment in the cryptocurrency market, marked by Bitcoin's rebound and resistance to ETF outflows, may have influenced SUI's bullish movement.
• Speculation surrounding a potential altcoin rally involving Solana and SUI could have also played a role in the token's upward trend.
• Despite a recent bearish turn, SUI managed to reverse its direction and surge upwards, demonstrating resilience amid market challenges.
• Investors potentially sought shelter in alternative cryptocurrencies like SUI amidst the broader market downturn impacting major tokens such as Bitcoin, ETH, XRP, DOGE, and SOL.

18.00.2025 - SUI Crypto was up 5.1%

• The uptrend in SUI could be linked to the optimistic sentiment towards cryptocurrencies, as mentioned in discussions about high returns and promising cryptocurrencies for the future.
• Although there was a momentary slowdown in momentum, possibly due to profit-taking, the overall upward trend remained strong.
• The positive overall sentiment towards cryptocurrencies in the crypto sphere might have played a role in SUI's bullish movement.
• While other cryptocurrencies like Cardano and Solana's Phantom Wallet received attention, they did not directly impact SUI's bullish performance today.

16.00.2025 - SUI Crypto was up 6.0%

• SUI price surged as development activity increased, indicating growing interest and confidence in the token.
• The potential death cross signal was averted, leading to renewed investor optimism and buying pressure on SUI.
• Stellar (XLM) flipping SUI after a surge suggests a competitive market environment, but SUI's resilience and bullish momentum prevailed.
• The overall positive sentiment in the crypto market, with Bitcoin hitting $100,000 again, likely contributed to the bullish movement of SUI.

19.00.2025 - SUI Crypto was up 5.1%

• SUI experienced a strong bullish movement today, potentially driven by positive sentiment and increased interest in the token.
• The mention of SUI as one of the best cryptocurrencies for high returns in 2025 could have contributed to the bullish momentum.
• The comparison with other tokens like Fantom and Cardano, where SUI's momentum was highlighted, might have attracted more investors to SUI.
• Overall, the positive outlook for SUI could have fueled investor confidence and led to the bullish market movement observed today.

20.00.2025 - SUI Crypto was down 5.7%

• The launch of $CHIRP token on multiple exchanges may have diverted investor attention and funds away from SUI, contributing to its bearish movement.
• The upcoming Blockchain Forum in Moscow could be drawing interest and investments towards other cryptocurrencies, causing a decrease in demand for SUI.
• The mention of SUI in a piece about the rise of Elluminex as a DeFi pioneer for 2025 might have shifted investor focus towards the new project, leading to a decline in SUI's value.
• The anticipation surrounding Trump's Inauguration potentially boosting certain cryptocurrencies may have overshadowed SUI, resulting in a drop in its momentum compared to other coins like $FXG.