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 attention.
Data from crypto.news shows that SUI has climbed 31.8% in the past day. Over the last week, it has increased by 41.4%. Currently,SUI trades at $2.94, close to the $3 mark. However, it’s still 45% below its all-time high of $5.35 from early January.
SUI’s market cap is now $9.3 billion, just $700 million away from $10 billion. It ranks 13th in the crypto market, just below Wrapped Bitcoin (WBTC) and lido Staked Ether (STETH). The daily trading volume has reached $2.3 billion, a 169% increase from the previous day.
The price rally is largely due to the growing popularity of SUI-based meme coins. BLUB leads with a 60.8% surge in the past 24 hours, followed by MIU with a 20% increase and LOFI with 13.8%.
- BLUB’s market cap is $7.7 million,with a daily trading volume of $1 million.
- MIU has a market cap of $69.4 million.
- LOFI saw a 13.8% increase in the past 24 hours.
The SUI network has also surpassed 500 million transactions, with a 7.05% rise in user adoption. The total value locked in the network is over $1.5 billion, and its stablecoin market cap is nearing $900 million.
