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Cryptonews Industry Talk Is It Too Late to Buy Sui? SUI Price Pumps Up 43% as
Meme Kombat Approaches Exchange Listings


IS IT TOO LATE TO BUY SUI? SUI PRICE PUMPS UP 43% AS MEME KOMBAT APPROACHES
EXCHANGE LISTINGS

Simon Chandler
Last updated: January 30, 2024 06:05 EST | 3 min read


Source: Midjourney.

The SUI price has jumped by 11% in the past 24 hours, rising to $1.62 as the
cryptocurrency market as a whole rises by 2% today.

SUI has now risen by 52% in the past week and by 95% in the last 30 days, with
the layer-one utility token benefitting from the rapid growth of its native
platform, the Sui Network.

And with the latter continuing to announce new partnerships and adoption, the
SUI price looks set to have a strong 2024.

Yet it isn’t the only likely the altcoin in the market to rally big soon, with
new ERC-20 coin Meme Kombat gaining plenty of momentum in its presale as it
prepares to list.


IS IT TOO LATE TO BUY SUI? SUI PRICE PUMPS UP 43%


SUI is one of the strongest coins in the market right now, with its indicators
all signalling big momentum.

Its relative strength index (purple) has risen very close to 70 again, after
dipping to just below 55 a week or so ago.

Source: TradingView

Likewise, its 30-day average (yellow) is once again rising aggressively beyond
its 200-day (blue), a sign that the coin remains very much within an
expansionary phase.



Its 24-hour trading volume currently stands at close to $600 million, which is
much higher than where it was a month ago, when it was closer to $100 million.

In other words, SUI is one of the market’s hottest coins right now, attracting
plenty of interest from traders.



Key to its performance is the underlying growth of the Sui Network, which has
seen its total value locked in rise from about $12.7 million in August to $448
million today.

That’s a 3,400% increase in about five months, and it seems from growing usage
of the layer-one blockchain platform, which famously is an offshoot of
Facebook’s doomed Diem/Libra project.

Sui has celebrated a number of positive adoption stories in recent weeks, with
the latest being the launching of fiat-to-SUI ramps by Banxa.

> Fiat on-ramps for Sui are coming thanks to @BanxaOfficial!
> 
> Banxa will be adding the SUI token to its platform and @Mysten_Labs’ Sui
> Wallet will give users the opportunity to purchase SUI tokens through Banxa’s
> on-ramp. https://t.co/1jIOMYjK7r
> 
> — Sui (@SuiNetwork) January 29, 2024





This underlines the growing demand for SUI, which currently shows no sign of
slowing down just yet.

Assuming that the wider market continues to recover and become more bullish, the
SUI price could potentially reach $2 in the next couple of months, before
passing its current ATH of $2.16.


MEME KOMBAT APPROACHES EXCHANGE LISTINGS


Yet SUI isn’t the only exciting token in the market right now, while its recent
strong performance may have potentially peaked.

If so, traders may be better off turning to newer tokens already, particularly
those still awaiting their initial listings and rallies.

One excellent example of this is� Meme Kombat (MK), an ERC-20 coin that has
raised just over $7.7 million in its hugely popular presale.

> A little under $300k to go🚀
> 
> Do you qualify for the $25k giveaway at 8 million? pic.twitter.com/Zx6Gfx4HG6
> 
> — Meme Kombat (@Meme_Kombat) January 30, 2024





More than just a meme coin, Meme Kombat is actually a social gambling platform
enabling users to bet on the results of AI-generated battles between meme
characters.

Users can place bets in MK against each other or against the game itself, with
users who win receiving MK tokens.

Battles results will be entirely transparent, with AI ensuring entirely random
results, and results processed openly on the Ethereum blockchain.

On top of this, MK holders can stake the token, earning themselves a regular
income.

> About 100 memebers until we reach 9000 in the Telegram group💪
> 
> Maybe we should add some sort of referral leaderboard into the mix👀
> pic.twitter.com/ONZNm1gUNd
> 
> — Meme Kombat (@Meme_Kombat) January 30, 2024





Another bullish feature of Meme Kombat is that it has already assembled a strong
online community, with its Telegram channel alone boasting 9,000 members.

This points to how popular it could become once it launches, with investors able
to join its sale by going to the official Meme Kombat website.

It has reached its final presale price of $0.279, with the sale set to end once
it raises $10 million.

And from there, it will list on exchanges, where it could become one of the
biggest new coins of the year.

Visit Meme Kombat Now

Follow Us on Google News



Disclaimer: Crypto is a high-risk asset class. This article is provided for
informational purposes and does not constitute investment advice. You could lose
all of your capital.




--------------------------------------------------------------------------------

Meme Coins Price Prediction SUI


BUY/SELL AT THE BEST RATES

USDEURGBPBTCETH



View all exchanges
BitcoinBTC
+1.5%
Buy for

62806.40/Sell for

62877.00
EthereumETH
+1.91%
Buy for

3470.28/Sell for

3473.60
BitcoinCashBCH
+3.2%
Buy for

461.79/Sell for

462.10
EOSEOS
+2.27%
Buy for

1.09078/Sell for

1.09215
LitecoinLTC
-1.23%
Buy for

90.43/Sell for

90.537
RippleXRP
-0.54%
Buy for

0.62839/Sell for

0.6291
DashDASH
+2.08%
Buy for

38.28/Sell for

38.4095
CardanoADA
-0.61%
Buy for

0.72755/Sell for

0.7291
StellarXLM
-0.48%
Buy for

0.1341/Sell for

0.1345
NEMXEM
+0.38%
Buy for

0.04689/Sell for

0.04696
See more rates





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