Latest Sui Coin (SUI) Price Prediction, Will This Coin Continue to Rise?
2024-08-15
Bittime - Sui (SUI) has been experiencing a bull run in the last few days. So, what is the prediction for the price of this coin in the future? Check out this article to find out, come on!
The project offers an innovative Layer-1 (L1) token, designed to drive global adoption with a powerful and scalable solution. Not surprisingly, Sui managed to steal attention with a price increase of more than 50% in the last month.
Sui also prioritizes user experience and blockchain integration. Through ZkLogin, the project sets a high standard for user experience in the Web3 ecosystem.
Interested in investing in Sui? But doubt the long-term predictions? This article will discuss the future of Sui tokens and answer all your doubts.
Sui at a glance
- Number: Come on
- Token: SUI
- Price: Rp. 13,900 (approx. $0.87) (down 5.67%)
- Market Capitalization: IDR 35.7 trillion (approximately $2.4 billion)
- Circulating Supply: 2,596,086,126.6589 SUI
- Trading Volume: IDR 4.6 billion (approximately $293 million)
- All Time Highest Price: Rp. 34,200 ($2.18) on March 27, 2024
- All Time Lowest Price: IDR 5,700 ($0.3643) on October 19, 2023
Read also: Sui (SUI) Price Surge: User Enthusiasm Drives Significant Increase
Sui Price Prediction August 2024
With high price fluctuations, this altcoin jumped 45% in the past week. In addition, the circulating supply of 2,596,086,127 SUI managed to secure the 30th position with a market capitalization of IDR 35.7 trillion (around $2.4 billion).
If positive sentiment continues, the Sui token price has the potential to touch the highest level of IDR 20,400 ($1,2980). However, if selling pressure dominates, Sui could return to its crucial support level of IDR 7,200 ($0.4600).
Sui Price Analysis Q3 2024
If SUI momentum returns to positive, the price could break the upper level and prepare to test resistance at IDR 25,200 ($1,606).
Conversely, selling pressure could bring the price of this altcoin to a low of IDR 11,700 ($0.7410).
Sui Price Prediction 2024
With increasing buy signals, this altcoin has the potential to reach a high of IDR 31,200 ($2) this year.
On the other hand, falling prices could bring the Sui to a low of IDR 7,800 ($0.50) in 2024. Thus, the average price could be at IDR 19,500 ($1.25).
Future Sui Price Prediction 2025
Predictions for 2025 show a potential new all-time high of IDR 49,800 ($3.16) if bullish sentiment continues.
However, with a short correction, the price may reach a low of IDR 18,900 ($1.21), with an average price of IDR 34,400 ($2.18). This shows significant growth potential for the Sui token in the coming years.
Sui Price Prediction 2026 - 2030
- 2026: Assuming adoption continues to increase, Sui prices could reach a high of IDR 71,500 ($4.51) with a potential low of IDR 33,200 ($2.11) and an average of IDR 52,100 ($3.31).
- 2027: The potential for further price increases takes Sui to a high of IDR 88,300 ($5.88) with a potential low of IDR 62,600 ($3.98) and an average of IDR 70,000 ($4.43).
- 2028: Sui is expected to continue growing with a potential high of IDR 111,400 ($7.01) and lowest of IDR 60,400 ($3.84), with an average of IDR 85,100 ($5.42).
- 2029: The potential for price increases still looks promising with an estimated high of IDR 129,400 ($8.26) and a low of IDR 81,100 ($5.16), with an average of IDR 105,500 ($6.71).
- 2030: With an established position in the market, Sui is projected to reach a high peak of IDR 156,600 ($9.94) with a potential low of IDR 100,600 ($6.39) and an average of IDR 128,300 ($8.16).
Balso: Continue to be stable, are SUI prices predicted to increase further?
Sui Market Sentiment (SUI)
Several price prediction platforms provide varying forecasts for the Sui:
- Wallet Investor: Sees potential price increase of up to IDR 22,400 ($1,427) by 2025.
- PricePrediction.net: More optimistic with projections reaching IDR 195,900 ($12.43) in 2030.
- DigitalCoinPrice: Estimates average price of IDR 35,700 ($2.26) in 2025 and IDR 106,300 ($6.76) in 2030.
Conclusion
Sui has promising potential as an innovative Layer-1 project. With a focus on user experience and scalability, Sui can attract the interest of investors and developers.
However, like other crypto assets, Sui prices are highly volatile and influenced by many factors.
How to Buy Crypto on Bittime
You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime.
Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
