The post SUI Traders Take Profits After Massive Weekly Rally, Cash Pours Into DTX Exchange After Scheduled Redesign and TIA Dump appeared on BitcoinEthereumNews.com.

Following a significant surge in Sui (SUI) token value, traders capitalize on profits, shifting attention towards DTX Exchange (DTX) due to its recent overhaul and innovative tools. Meanwhile, Celestia (TIA) faces a downturn, prompting investors to seek stability elsewhere. As more capital flows into DTX Exchange, let’s see why you should capitalize on this investment opportunity!  Sui (SUI) Soars: Traders Cash In on 45% Gains Amid Circle Partnership Buzz Last week, Sui (SUI) token made a killing, climbing the ranks of the largest cryptocurrencies by market capitalization. SUI soared by 45% compared to the previous week, marking a swift recovery from analysts’ grim assessments. After consolidating around $0.80 earlier in September, SUI surged past $1 and continued to rally beyond $1.50, igniting significant interest among traders. This new bullish trend for Sui (SUI) is primarily driven by increased attention on its blockchain, culminating in a partnership with Circle announced on September 17. This collaboration will enable the issuance of the USDC stablecoin on the Sui layer 1 blockchain, enhancing liquidity and attracting user interest. Currently, Sui (SUI) hovers around the $1.50 mark. If it can break through this psychological resistance, it may target the $1.80 level next. Celestia (TIA) Token Selloff: Volatility and Investor Uncertainty Fuel Market Dump Celestia (TIA) has experienced notable selling pressure in recent weeks, marked by a 12.38% price decline over the past month. After reaching a peak of around $6, Celestia has faced significant volatility, currently settling at $5.555 following a modest recovery of 3.75%. This erratic performance has caused concern among investors. Part of the issue is Celestia’s (TIA) lack of sustained momentum, with sharp rises followed by quick drops. Even with notable trading volumes of $3.024 million, investors remain cautious about future price stability. This hesitation is amplified by broader market uncertainty and…

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Filed under: News - @ September 24, 2024 5:25 pm