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The cryptocurrency industry had a rather slow weekend with most assets losing rather than pocketing gains. Prominent cryptocurrency SUI was one among them. The altcoin recorded a 22% drop in its price throughout the past week. Amidst this, news of a significant amount of SUI being stolen from an investor’s wallet began surfacing. While the number of bearishness fueled the ecosystem, the asset could witness a change during the second month of the year. Also Read: Shiba Inu: Just $41 Worth Of SHIB Becomes $1 Million Today SUI’s Downtrend Source: Binance Academy Over the past 24 hours, SUI recorded a massive drop of 13%. The asset was trading at a high of $4.16 earlier today and slid to a low of $3.54 in no time. At the time of writing, the altcoin was priced at $3.61. Amidst this, the volume of the network was witnessing a massive uptick of 181%. Currently, the trading volume of SUI stands at $1.71 billion. Source: CoinMarketCap According to reports, hackers took SUI tokens va...

Sui’s price is surging, and this has caught crypto fans’ attention. Can this coin be the next Shiba Inu? Let’s dive right in and find out. The blockchain platform is in a bullish breakout, which caused some optimistic projections to appear. Many think $1.50 could be the next target for the altcoin. The SUI token has bounced back from recent lows, and it might continue going up! Also Read: DogWifHat (WIF) &, PEPE Price Prediction For September End Sui Price Prediction and USDC Integration: What Investors Need to Know Source: Cryptonomist Analyzing Sui’s Recent Performance The Sui price chart shows higher highs and lows, and this signals a bullish trend. SUI rose from its $0.60 lows that happened earlier this year. It’s now breaking through key resistance levels, so let’s see if the $1.50 target is achievable. The chart shows SUI going up, and the bullish signs suggest more growth is about to take place. At this time, it’s testing $1.20 resistance, and if it ...