#SUI
Sui coin soared 140% in September, is the all-time high within reach?
Recently, Sui coin has been shining in the market, with its price soaring 140% in a month. Everyone thinks it will hit a new all-time high.
This wave of Sui coin price increase has a lot to do with its mainnet launch. In particular, the launch of Sui Bridge has made asset transfers between Ethereum and Sui networks safer and more convenient, attracting many new users and improving liquidity.
Now, Sui's total locked value (TVL) has exceeded $1 billion, higher than Polygon, which shows that everyone trusts it more and more and thinks it has great potential.
Investors are also full of confidence in Sui coin and think it has a bright future. Although the price is now close to its all-time high of $2.18, everyone still thinks it can rise.
However, technical indicators also remind us that the market is always unpredictable and we have to be careful. If Sui coin can break through the $2 mark, it may really reach a new high.
In general, Sui coin's recent performance is indeed very eye-catching, the price has risen rapidly, TVL is also rising, and investors are full of confidence. However, we must also remain vigilant, after all, the market is risky, and investment needs to be cautious.
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