The post FXGuys Takes the DeFi Space by Storm, Outshines Other Altcoins! appeared on BitcoinEthereumNews.com.

The crypto market has gradually started green after battling a bearish trend for weeks. This renewed bullish force has seen top altcoins SUI pump by double digits. Apart from SUI, an analyst has spotted massive growth potential in AAVE and an emerging Ethereum token that is still in its presale. Why is SUI pumping, and why does this analyst believe AAVE and this new Ethereum token will surge soon? Let’s find out! SUI Climbs 12% in a Week: Will Bulls Persist? SUI has performed exceptionally well over the past seven days. On September 4, 2024, SUI was changing hands at around $0.78. Notably, SUI hit this price due to a bullish trend that started on September 3 after SuiPlay0x1 partnered with XOCIETY and DARKTIMES to give gamers on the SUI network an immersive experience.  This development saw SUI climb as high as $0.98 on September 8. Nonetheless, the buzz about this news faded, and SUI started correcting downward. By September 11, SUI had stabilized at around $0.88. This price movement means SUI has gained 12% in a week. However, SUI’s 24-hour trading volume is down 29, indicating waning investor interest, which might spur losses for one of the top altcoins.  AAVE Surges 14% in a Week: More Gains Coming? Like SUI, AAVE has performed impressively over the past week. On September 4, 2024, AAVE was changing hands at around $130.38. Following days of range-bound trading, AAVE gained traction on September 9 after the Aave DAO launched a dedicated ether.fi market on the Aave network.  This news saw AAVE jump as high as $155.13 on September 11 before leveling off at around $149.08. Despite this correction, this price means AAVE has gained 14% in a week. Moreover, the 24-hour AAVE trading volume is up 87%, indicating a strong buying force, which…

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Filed under: News - @ September 15, 2024 5:12 pm