Cryptocurrencies are gaining traction in the financial world, with some new tokens such as Pepecoin (PEPE) and Sui Network’s native token (SUI) being among the most popular. Pepecoin has seen a 215% increase in the past week, catapulting it from the 100th-largest cryptocurrency to the 52nd. Binance, one of the premier cryptocurrency exchanges, has added both PEPE and Floki Inu (FLOKI) to its Innovation Zone, mainly to host volatile coins. Sui Network, which launched its mainnet last week, has experienced similar gains as its native token SUI rose $3,200. While investors rejoiced over these increases, concern was raised as 75% of the tokens were given to market makers, with a release schedule for 44% of the token’s total supply beginning in 2023. Despite this, there is still potential for high returns in volatile cryptocurrencies.



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