SUI Crypto Surges as Meme Coins Gain Traction
SUI crypto has seen a significant boost, rising by nearly 32% in the last 24 hours. This upward trend continues from the previous day, with SUI-based meme coins like MIU, LOFI, and BLUB also gaining popularity.
Data from crypto.news shows that SUI has climbed 31.8% in the past day.Over the last seven days, SUI has surged by 41.4%.
Currently, SUI is trading at $2.94, nearing the $3 mark. however, it’s still 45% below its all-time high of $5.35 from early January. The token’s market cap is $9.3 billion, just $700 million away from $10 billion. SUI ranks 13th in the crypto market by market cap.
The token’s daily trading volume has reached $2.3 billion, a 169% increase from the previous day.This rise in market activity is largely due to the growing popularity of meme coins on its network. SUI-based meme coins such as MIU, LOFI, and BLUB have seen increased trading activity, driving up the price of the network token. BLUB leads with a 60.8% surge in the past 24 hours, followed by MIU with a 20% increase and LOFI with a 13.8% rise.
- BLUB has seen a 60.8% increase in the past 24 hours.
- MIU has risen nearly 20%,with a market cap of $69.4 million.
- LOFI has increased by 13.8% in the past 24 hours.
On-chain data reveals that the SUI network has surpassed 500 million total transactions, with a 7.05% rise in user adoption. The network has accumulated over $1.5 billion in total value locked, and its stablecoin market cap is nearing $900 million.
This growth reflects the continued success of the SUI ecosystem, making it a key player in the crypto market.
