CandleFocus Solana Rival That’s Exploded Over 130% in a Month Primed To Hit New All-Time High, According to Analyst
2024-10-11
Author: Content Editor
Crypto analyst Michaël van de Poppe believes that Sui (SUI), a competitor to Solana (SOL), may soon reach new all-time highs, potentially soaring more than 23%. SUI is currently trading at $2.03, up 134% since September 11th, with its all-time high at $2.17 in March. Van de Poppe also predicts that Bitcoin (BTC) will continue to rise after recovering from a dip to $58,000, stating that once it breaks through $62,300, it could see significant gains. He also suggests that macroeconomic conditions, such as additional Fed rate cuts, will lead investors to take on riskier investments like Bitcoin. BTC is currently trading at $62,286, up over 2% in the last 24 hours.
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