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Journalist
Hassan Shittu
Journalist
Hassan Shittu
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SUI, the native token of the Sui blockchain, has recently reached a new all-time high following a massive 55% increase over the past week.
Due to the broader market rally, SUI has seen bullish signs across several metrics in the past few days. But in the past 24 hours, SUI is down by negative 2.4%
While the rise has been supported by a surge in SUI’s Total Value Locked (TVL), which has hit new records, the resistance level may have been reached.
As SUI prices fluctuate, holders show a renewed appetite for diversification, exploring new presale tokens that may offer better high returns.
Sui Fluctuation: Holders Seek New Presale Amid Instability
SUI’s Total Value Locked (TVL) recently soared to an all-time high of $1.40 billion.
SUI initially crossed the $1 billion TVL mark on September 30.
Since then, its growth has stabilized, suggesting that Sui is maturing into a sustainable and scalable blockchain solution.
After a consolidation phase, this recent surge marks a resumption of upward momentum, hinting at further potential for new highs in TVL.
With SUI already reaching a peak price of $3.27, the market’s technical indicators suggest that the token might have had enough of the rally.
The alignment of key Exponential Moving Averages (EMAs) points to more balanced momentum.
Market conditions can shift quickly. If the current momentum falters, SUI may face a price correction.
Analysts are watching the $2.21 level as a major support point.
Should SUI retrace and break below this support, it could trigger a larger pullback to around $1.96, a decline of nearly 38% from its current price.
This scenario would challenge the uptrend but would provide an opportunity for new buyers looking to enter the market at a lower price.
At the time of writing, SUI is trading at $3.10, having decreased by 2.4% in the past 24 hours.
Following SUI’s recent rally, analysts are skeptical about the future price trajectory.
Amid the fluctuation, a new token has caught investors’ attention as they are dropping SUI for this PolitiFi token.
The post-election market environment and the rising popularity of meme coins within the ecosystem have propelled this new alternative.
SUI Contender: FreeDum Fighters ($DUM) – A Satirical PolitiFi Token Growing with the Market Rally
As SUI holders explore new presale opportunities, the market rally has drawn attention to FreeDum Fighters ($DUM).
This unique PolitiFi coin, inspired by the U.S. election season, taps into the satirical world of meme coins with a light-hearted approach to political dynamics.
$DUM joins other trending PolitiFi coins like PEOPLE, MAGA, and TRUMP but stands out with its gamified structure and community-driven activities.
FreeDum Fighters is a satirical token that allows investors to participate in mock elections, vote for their favorite characters, and participate in debates.
Investors in $DUM can join contests and enjoy rewards, actively engaging in the token’s unique PolitiFi ecosystem.
FreeDum Fighters provides a fun way for investors to navigate election season without the usual tension by combining humor with political satire and blending community interaction with gamified rewards.
The presale of $DUM has raised over $420,000, and experts predict potential returns of up to 10x for early investors.
FreeDum Fighters lets investors back AI-powered candidates like MAGATRON, a cyborg Trump, and Kamacop 9000, a robotic Harris.
This “election” platform also includes a staking system, through which MAGATRON supporters can earn up to 281% APY.
In comparison, Kamacop’s 9000 supporters could see as much as 760% APY, rewarding those who take a chance on the underdog.
With tokens priced at $0.000065 and an expected launch price of $0.00125, early investors stand to gain greatly as $DUM goes public.
Investors willing to capitalize on this steal price are urged to get it now during the presale.
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.
