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Sui ($SUI) Crypto Forecast: Up 9.1% Today

Morpher AI identified a bullish signal. The crypto price may continue to rise based on the momentum of the good news.

What is Sui?

SUI is the native token of a Layer 1 blockchain platform. Today, the market saw a strong bullish movement in SUI, with the token experiencing a surge in value.

Why is Sui going up?

SUI crypto is up 9.1% on Feb 11, 2025 8:11

  • SUI DEX volume hitting a $60 billion milestone indicates a significant level of activity and interest in the token, contributing to its bullish movement.
  • SUI gearing for over 20% gains amidst Total Value Locked (TVL) growth suggests a positive sentiment and potential for further price appreciation.
  • Despite recent struggles to recover from losses and investor skepticism, the short-term surge in SUI to 3.3 USDT reflects renewed confidence and buying interest in the token.
  • The correlation with Ethereum's potential rebound to $4,000 could also be boosting confidence in the overall cryptocurrency market, further supporting SUI's bullish movement.

SUI Price Chart

SUI Technical Analysis

SUI News

Sui DEX volume’s $60 billion milestone – Why it’s good news and what next

Sui DEX volume’s $60 billion milestone – Why it’s good news and what next

https://ambcrypto.com/sui-dex-volumes-60-billion-milestone-why-its-good-news-and-what-next/

0 News Article Image Sui DEX volume’s $60 billion milestone – Why it’s good news and what next

Ethereum Holds ‘Bounce Or Die’ Level: Rebound To $4,000 Could Be Near

Ethereum Holds ‘Bounce Or Die’ Level: Rebound To $4,000 Could Be Near

https://www.newsbtc.com/news/ethereum-holds-bounce-or-die-level-rebound-to-4000-could-be-near/

1 News Article Image Ethereum Holds ‘Bounce Or Die’ Level: Rebound To $4,000 Could Be Near

SUI gears for over 20% gains amid TVL growth

SUI, the native token of the Layer 1 blockchain, is rallying on Monday, attempting a break out of its downward trend that started on January 6.

https://www.fxstreet.com/cryptocurrencies/news/sui-gears-for-over-20-gains-amid-tvl-growth-202502101620

2 News Article Image SUI gears for over 20% gains amid TVL growth

SUI Struggles to Recover from Recent Losses Amid Investor Skepticism

SUI Struggles to Recover from Recent Losses Amid Investor Skepticism

https://beincrypto.com/sui-struggles-to-recover-from-losses/

3 News Article Image SUI Struggles to Recover from Recent Losses Amid Investor Skepticism

SUI Experiences Short-Term Surge, Reaches 3.3 USDT

SUI Experiences Short-Term Surge, Reaches 3.3 USDT

https://www.binance.com/en/square/post/02-10-2025-sui-experiences-short-term-surge-reaches-3-3-usdt-20126631806650?utm_source=BinanceNewsRSS

4 News Article Image SUI Experiences Short-Term Surge, Reaches 3.3 USDT

Sui Price History

06.01.2025 - SUI Crypto was down 6.9%

  • The downward movement of SUI today might be linked to investors taking profits following a period of upward momentum.
  • Despite the collaboration with Libre Capital for on-chain fund options, there was no immediate positive price impact on SUI, prompting some investors to sell their holdings.
  • The launch of the $DEVI token presale by SUI's prediction market, Devine Protocol, could have drawn attention and funds away from SUI, contributing to the downward trend.
  • The general market sentiment towards altcoins today could have influenced SUI's decline, as investors may have turned towards other popular cryptocurrencies.

11.01.2025 - SUI Crypto was up 9.1%

  • SUI DEX volume hitting a $60 billion milestone indicates a significant level of activity and interest in the token, contributing to its bullish movement.
  • SUI gearing for over 20% gains amidst Total Value Locked (TVL) growth suggests a positive sentiment and potential for further price appreciation.
  • Despite recent struggles to recover from losses and investor skepticism, the short-term surge in SUI to 3.3 USDT reflects renewed confidence and buying interest in the token.
  • The correlation with Ethereum's potential rebound to $4,000 could also be boosting confidence in the overall cryptocurrency market, further supporting SUI's bullish movement.

07.01.2025 - SUI Crypto was down 6.7%

  • The bearish movement in SUI today could be attributed to profit-taking by investors who had previously seen significant gains in the token.
  • The hype surrounding other altcoins like Panshibi potentially rising 1000% with a Binance listing may have diverted some attention and investment away from SUI, leading to a bearish trend.
  • Despite collaborations and positive news, market sentiment and external factors can still influence the price of SUI, causing fluctuations in its value.

07.01.2025 - SUI Crypto was down 5.5%

  • The bearish movement in SUI could be attributed to profit-taking by investors after a period of significant growth.
  • The collaboration with Libre Capital for on-chain fund options may have initially boosted SUI's price, but the market sentiment shifted today.
  • The news about analysts predicting a $10B market cap for another altcoin could have diverted some attention and investment away from SUI.
  • The potential listing of Panshibi on Binance and the rush of investors towards it might have caused a shift in focus away from SUI, leading to the bearish movement.

07.01.2025 - SUI Crypto was down 7.2%

  • The bearish shift in SUI may be linked to investors engaging in profit-taking following a period of substantial growth.
  • Speculation about a different altcoin reaching a $10B market cap could have diverted investor attention from SUI, leading to diminished demand.
  • Despite partnering with Libre Capital to offer on-chain fund options, this collaboration did not have an immediate positive effect on SUI's price, prompting some investors to sell their holdings.
  • The prevailing bearish sentiment in the market at present could have also influenced SUI's downward trajectory, as investors adopted a cautious approach and reduced their exposure to volatile assets like cryptocurrencies.

10.01.2025 - SUI Crypto was up 5.9%

  • The short-term surge in SUI's price to 3.3 USDT could be attributed to renewed investor interest and positive market sentiment surrounding the token.
  • Despite a recent 36% drop in price, the bullish run today indicates that SUI has managed to defy the odds and make a comeback from its previous lows, sparking renewed confidence among traders.
  • The overall positive momentum in the cryptocurrency market, as indicated by the bullish movement in SUI and the optimistic predictions for Bitcoin reaching $350K, could have contributed to the token's surge today.

10.01.2025 - SUI Crypto was up 6.9%

  • SUI has surged over 20% today, breaking out of its downward trend, possibly fueled by the growth in Total Value Locked (TVL) in the network.
  • Despite recent losses and investor skepticism, SUI managed to experience a short-term surge, reaching 3.3 USDT, defying the odds and sparking a bullish run.
  • The price drop of 36% in SUI was a setback, but the potential long-term outlook of turning $350 into $35,000 by 2025 might have attracted investors back to the token, contributing to its bullish movement today.

10.01.2025 - SUI Crypto was up 5.4%

  • The drop in SUI price by 36% could have triggered a buying opportunity for investors looking to capitalize on potential future gains.
  • The bullish run sparked by SUI defying the odds could be attributed to renewed investor confidence in the token following a comeback from a low point of $2.8.
  • The prediction of a massive surge in Bitcoin's price to $350K by a crypto investment firm CEO could have positively influenced the overall cryptocurrency market sentiment, including SUI.
  • The warning from an analyst about the crypto market being in its final stage of the cycle might have led investors to reevaluate their portfolios, potentially leading to increased interest in tokens like SUI as part of their investment strategy.

08.01.2025 - SUI Crypto was down 7.5%

  • The bearish movement of SUI could be attributed to the broader market correction in the cryptocurrency space, as Altcoins have extended losses and Bitcoin faced rejection at $100K.
  • SUI collaborating with Libre Capital for on-chain fund options might have failed to provide the much-needed positive sentiment to counteract the overall market downturn.
  • Analysts' optimism about another altcoin heading towards a $10B market cap like Shiba Inu and SUI could have diverted attention and investment away from SUI, contributing to its bearish movement.
  • Highlighting Solana rivals transforming $100 to $1000 this February could have attracted traders to alternative tokens, leading to a shift in investment away from SUI and causing its bearish movement.

08.01.2025 - SUI Crypto was down 9.0%

  • An analyst warning about the crypto market being in the final stage of the cycle may have caused fear and uncertainty among investors, leading to a sell-off of SUI.
  • Bitcoin's rejection at $100K might have created a negative sentiment across the entire crypto market, impacting SUI as well.
  • Altcoins extending losses could have contributed to the overall bearish trend in the market, dragging down SUI along with other tokens.
  • The belief that another altcoin is headed towards a $10B market cap like SUI might have shifted investor focus away from SUI, causing a decrease in its value.

11.01.2025 - SUI Crypto was up 10.4%

  • SUI rallied strongly today, indicating a bullish market movement.
  • The positive momentum could be attributed to the overall bullish sentiment in the cryptocurrency market, with another major cryptocurrency also showing signs of a potential rebound.
  • The anticipation of SUI gaining over 20% amid Total Value Locked (TVL) growth likely attracted investors back to the token, helping it break out of its previous downward trend.
  • Despite recent struggles and skepticism from investors, the short-term surge in SUI's price to 3.3 USDT reflects renewed interest and confidence in the token's potential.

09.01.2025 - SUI Crypto was down 5.3%

  • The decline in SUI's value could be linked to a cautionary perspective shared by an industry analyst regarding the cryptocurrency market nearing its cycle's end, prompting investors to adopt a more careful stance towards SUI.
  • The failure of Bitcoin to surpass $100K and the ongoing declines in alternative cryptocurrencies may have fostered a pessimistic sentiment in the overall crypto sphere, influencing SUI's performance.
  • Forecasts indicating a notable surge in Bitcoin's value to $350K could have redirected investors' attention towards more established digital assets, leading to a sell-off of SUI.
  • The emergence and achievements of platforms like Hyperliquid in the perpetual DEX sector might have diverted both focus and investments away from SUI, contributing to its bearish trend.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.