SUI Coin Price Prediction 2024, 2025, 2030, How will it Perform?
2024-10-15Bittime - SUI, the native token of the Sui blockchain network, has shown quite interesting price developments since its launch in 2023. Even though it has experienced several corrections, optimism about the future of this token continues to grow.
Various crypto analysts provide quite diverse predictions regarding the potential price of SUI in the future, especially for 2024, 2025 and 2030.
So, this article will discuss SUI price predictions for 2024, 2025 and 2030. How will the original coin from the Sui blockchain perform? Keep watching, OK!
SUI Price Prediction
The following is the SUI price prediction per year based on the latest analysis:
Also read: Continue to be stable, are SUI prices predicted to increase further?
SUI Price Prediction 2024
Based on method wave count, SUI prices are predicted to range between Rp34.944 until Rp52.416 by the end of 2024. This reflects optimism in the market that SUI will continue to grow after reaching a new high in October 2024.
SUI Price Prediction 2025
In 2025, SUI is expected to continue to move up, with a price range between Rp43.680 until Rp65.520. Analysts believe that this will be the peak of a cyclical bull run, driven by the possibility of wider adoption and new developments in the SUI ecosystem.
SUI Price Prediction 2030
By 2030, price growth is expected to be more moderate. Using historical rates of increase, SUI prices are predicted to fall somewhere in between Rp22.464 until Rp33,696. This reflects a phase of stabilization and consolidation in the blockchain ecosystem.
SUI Price Analysis
SUI is expected to undergo a correction in the near future. Based on analysis wave count, SUI price is in the fifth and final wave of an upward movement that started in August 2024.
If this fifth wave has the same length as the previous wave, then SUI price can reach Rp42.744 before starting the correction phase.
Also read: SUI's Important Achievement, Reaching $1 Billion in TVL
SUI Price History
Here are some key moments in SUI price history:
Last week (7 Oct 2024): Rp33,540
Last month (Sep 14, 2024): Rp16.536
Three months ago (14 Jul 2024): Rp12.772
A year ago (Sep 9, 2023): Rp6.541
Launch Price (May 4, 2023): Rp21.840
All Time Highest Price (14 Oct 2024): Rp36.504
All Time Lowest Price (19 Oct 2023): Rp5.676
Conclusion
Although SUI price predictions vary quite a bit, most analysts agree that SUI still has great potential for growth, especially if blockchain adoption continues to increase.
2025 is expected to be a crucial year for SUI, with the possibility of prices reaching new highs. However, like all crypto assets, SUI prices are highly dependent on market conditions and investor sentiment, so investors need to be careful and continue to follow market developments closely.
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