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Technical analysis by SoftQuant about Symbol SUI: Buy recommendation (9/19/2024)

https://sahmeto.com/message/2726493
SoftQuant
SoftQuant
Rank: 12238
1.5
Buy،Technical،SoftQuant

The Sui chain is trying to enter BIG4 categorySince October last year its been clear that the BIG3 are Eth, Sol and BSC. BSC has been losing market share since 2021 but is still dominant to second tier chains. Out of the second tier chains Sui has been growing. Now competitive with only Avax.. Sui is trying to make its way into becoming apart of the BIG4 if not replace BSC in the BIG3. Sui has seen a price surge off the back of thisAs Sui grows and expands into things like USDC integration.. the price will likely align. We are enter a stage of value investing within crypto which shows the development within the space. Sui is proving itself as one to keep an eye on in that regard.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$1.37
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