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Cryptocurrency News Articles

SUI Price Analysis and Predictions: Will the Token Join the Next Market Surge?

Jan 18, 2025 at 08:02 pm

A crypto analyst has predicted a wild market surge for SUI, following its inclusion in Eric Trump's crypto portfolio.

SUI Price Analysis and Predictions: Will the Token Join the Next Market Surge?

A crypto analyst has predicted a wild market surge for SUI, following its inclusion in Eric Trump’s crypto portfolio.

In a recent interview, Eric Trump, son of President-elect Donald Trump, shared details about his cryptocurrency portfolio. He revealed that he holds Bitcoin, Ethereum, Solana, and SUI — a move that has sparked excitement across the crypto community.

Among these, SUI stood out, with analysts describing its potential as a key driver in the next market surge.

SUI Price Analysis and Market Position

Interestingly, SUI is the 13th biggest crypto asset in the market, boasting a market cap of over $14 billion. The token was one of the best-performing crypto assets of 2024, breaking multiple peaks alongside Bitcoin.

However, since the beginning of 2025, SUI bulls have remained largely dormant. The token is down by 2% over the past day and 6% over the past week.

Despite this lull, crypto analysts believe SUI could still play a major role in the upcoming market rally, considering its foundational strength and the growth prospects of the Sui Network.

Trump Family’s Crypto Ambitions

During the interview, Eric Trump also touched upon his father’s vision for the crypto industry, reiterating that Donald Trump aims to make the United States the world leader in cryptocurrency.

He highlighted that his father’s administration will focus on establishing clear crypto regulations, creating a strategic Bitcoin reserve, and pushing for tax-free crypto policies.

This vision, combined with the growing involvement of the Trump family in the crypto space, is generating significant enthusiasm within the crypto community, especially among those advocating for a more favorable U.S. crypto regulatory landscape.

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Other articles published on Feb 01, 2025