Santiment
Santiment|Feb 13, 2025 06:42
💧 Sui's market cap has enjoyed a mild +10% rebound over the past 24 hours as most projects move sideways. Promoted by the project founders as a 'Deliverer of Benefits of Web3 With the Ease of Web2', the altcoin has been increasingly associated with the DeFi and gaming space, along with fast and low-cost transactions. Sui's popularity in 2025 is also fueled by new partnerships and staking rewards, keeping users engaged. Social media bullishness on X, Reddit, Telegram, and other platforms, for the time being, is showing the biggest bullish bias since mid-September. Though this is only a small rebound relative to its massive +259% rally in 5 months, this SUI bullish momentum is quickly bringing optimism back. Just be cautious of too much crowd FOMO if the bounce continues the rest of the week, as retail greed could delay a more organic rally that patient investors have been waiting for.
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