300% Gains: The Sui Ecosystem’s Top 3 Altcoin Performers
- Altcoins in Sui network show breakout potential this market cycle.
- SUI token climbs steadily as DeFi and NFT usage rises.
- BLUE token trades under $0.10, despite strong platform growth.
While everyone’s talking about Bitcoin breaking past $123,000, the Sui blockchain is quietly making big moves of its own. Its native token has jumped over 300% in the past year, and a few projects in its ecosystem are growing even faster.
Here’s a quick look at three promising altcoins from the Sui network that investors have their eyes on right now:
Bluefin (BLUE)
Bluefin is now the third largest decentralized exchange (DEX) on the Sui network by total value locked (TVL).
In June alone, Bluefin recorded over $1 billion in perpetual trading volume, and the platform offers some of the highest stablecoin yields in the market, over 8% on certain deposits. Interestingly, Sui processed more stablecoin transactions than Solana for the first time last month.
Related: June CPI Report Looms Large as Inflation Heats Up, Crypto Surges Ahead
The Bluefin token, BLUE, launched at $0.26 but currently trades under $0.10, presenting what some see as …
The post 300% Gains: The Sui Ecosystem’s Top 3 Altcoin Performers appeared first on Coin Edition.
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300% Gains: The Sui Ecosystem’s Top 3 Altcoin Performers
- Altcoins in Sui network show breakout potential this market cycle.
- SUI token climbs steadily as DeFi and NFT usage rises.
- BLUE token trades under $0.10, despite strong platform growth.
While everyone’s talking about Bitcoin breaking past $123,000, the Sui blockchain is quietly making big moves of its own. Its native token has jumped over 300% in the past year, and a few projects in its ecosystem are growing even faster.
Here’s a quick look at three promising altcoins from the Sui network that investors have their eyes on right now:
Bluefin (BLUE)
Bluefin is now the third largest decentralized exchange (DEX) on the Sui network by total value locked (TVL).
In June alone, Bluefin recorded over $1 billion in perpetual trading volume, and the platform offers some of the highest stablecoin yields in the market, over 8% on certain deposits. Interestingly, Sui processed more stablecoin transactions than Solana for the first time last month.
Related: June CPI Report Looms Large as Inflation Heats Up, Crypto Surges Ahead
The Bluefin token, BLUE, launched at $0.26 but currently trades under $0.10, presenting what some see as …
The post 300% Gains: The Sui Ecosystem’s Top 3 Altcoin Performers appeared first on Coin Edition.
Read More
Altcoin Season Index Stalled at 24: What This Crucial Metric Means for Your Portfolio