$SUI

#tao

Over the past two days, the Sui (SUI) coin has seen a massive surge of over 100% in its price, reaching $0.96 on August 10. This surge came as a result of Grayscale’s announcement of the launch of a new investment fund containing SUI and Bittensor (TAO) token. This announcement led to a massive influx of investments into SUI, with the coin’s open interest (Open Interest) futures volume rising significantly. This upward trend is expected to continue, with the price potentially crossing the $1 barrier soon.