CandleFocus SUI Achieves New Milestone as Ecosystem Market Cap Surpasses $8.5 Billion
2024-10-09
Author: Content Editor
The SUI ecosystem has been gaining investor attention and setting new records in October. SUI reached a new all-time high (ATH) of $2.16, and the SUI ecosystem's market cap reached $8.54 billion, with SUI's individual market cap at around $5.38 billion. The daily trading volume across the ecosystem surpassed $6 billion, dominated by SUI and First Digital USD (FDUSD). Meme coins and other projects within the SUI ecosystem have also seen significant growth. SUI ranks third in altcoin netflow behind Ethereum and Solana, indicating continued appeal to investors. SUI dominance has risen, indicating it is becoming a preferred choice among investors. However, there may be significant corrections in SUI's price due to profit-taking from early investors.
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