CandleFocus

SUI Token Surges by 13% Amid Market Recovery

The SUI Token ($SUI) has surged by 13% in a week, benefiting from the overall recovery in the crypto market. The market started recovering on September 3, and since then, cryptocurrencies have shown significant growth. $SUI currently has a bullish trend and is trading ahead of other competitors in terms of market capitalization. This growth can be attributed to the launch of Grayscale SUI Trust, which has attracted the attention of investors and boosted the price of $SUI. The trust allows accredited investors to explore the SUI Network and invest in the crypto assets on the SUI layer-1 blockchain. As a result, $SUI is currently trading at $1.07.

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