Bybit Launchpool Introduces SUI and NAVI Tokens, Replaces USDT Pool with USDC

Bybit Launchpool has introduced the SUI token as its first native token pool. This initiative seeks to expand the available token offerings on the platform and aims to strengthen community activity within the platform due to the growing market interest surrounding SUI.

Cryptocurrency exchange Bybit has announced the addition of the SUI (SUI) token to its Launchpool, marking the platform's first native token pool. This initiative aims to expand the available token offerings on Bybit and cater to the growing market interest in SUI.

The exchange has also decided to replace the USDT pool with a USDC pool, aiming to enhance the user experience and adapt to current market demands. This transition could offer users greater stability and reliability in their transactions.

Moreover, Bybit has integrated the NAVI (NAVX) token into its platform, offering users the opportunity to engage with a diverse range of projects and tokens. This move aligns with the exchange's strategy to support emerging projects and strengthen its position in the market.

According to the latest data from Coinmarketcap, SUI (SUI) had a market capitalization of $5.67 billion at the time of writing. The token's performance was exceptional, with a nearly 19% increase during the last 24 hours, reaching a value of $2 per unit. The token's trading volume also saw explosive growth, increasing by over 140% in the last day.

NAVI (NAVX) also had a positive day, showing a 5% increase and reaching a price of around $0.1693. Its market capitalization was valued at $41.1 million, and like SUI, its volume also grew by 141% during the last 24 hours.