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Cryptocurrency News Articles

SUI Reclaims $3.5 Support as BTC Price Recovers

Feb 24, 2025 at 04:11 pm

The Bitcoin price climbing above $97,000 injects fresh momentum into altcoins, with SUI emerging as a key beneficiary.

SUI Reclaims $3.5 Support as BTC Price Recovers

The price of Bitcoin derivative increasing above $97,000 injects fresh momentum into altcoins, with several projects emerging as key beneficiaries. Among them, SUI, Sonic (S), and DTX Exchange have attracted the attention of traders and investors.

Here's a closer look at each project and how their recent price movements fit into the broader altcoin landscape.

1. SUI Reclaim $3.5 Support as BTC Price Recovers

The price of Bitcoin climbing above $97,000 injects fresh momentum into altcoins, with several projects emerging as key beneficiaries. Among them, SUI has attracted attention for its strong performance and potential in the layer-1 ecosystem.

The token's 4% daily surge has solidified its position near $3.50, a critical support level that could pave the way for further gains. Specialists highlight SUI's resilience during broader market shifts, as its 21% weekly rebound reflects renewed confidence in its ecosystem.

Its performance remains closely tied to Bitcoin price movements, which trades at $98,203 after a 0.93% intraday gain. While the 7.05% monthly decline of BTC underscores lingering caution, SUI's ability to reclaim $3.50 suggests traders are capitalizing on its undervaluation relative to its growth potential. The token's momentum aligns with broader trends, where projects like DTX Exchange attract attention for their hybrid trading capabilities and presale success.

2. Sonic (S) Builds Momentum, TVL Explodes to $680M

Although specific data on Sonic (S) remains limited, the project has finally seen some upward price movement. While the broader altcoin sector offers a multitude of opportunities, Sonic is finally starting to capitalize on the momentum.

This trend is evident in the performance of several projects, such as Fantom (FTM) and Aave (AAVE). FTM is positioned for a 77% upside, while Aave is approaching a breakout at $129. These movements highlight the market's preference for tokens with clear use cases and potential for institutional adoption.

3. DTX Exchange Soar 800%, DeFi Trading Solution Sees Whale Accumulation in Bonus Stage

With an 800% price increase, the platform has become a focal point for investors seeking exposure to a hybrid trading ecosystem. DTX Exchange's presale surge—from $0.02 to $0.18—has solidified its status as a leading contender in the DeFi space.

Its appeal lies in features like fractional multi-asset trading and up to 1000x leverage, appealing to both retail and institutional participants. Security and accessibility are central to DTX Exchange's value proposition. Regular audits and a user-friendly interface ensure trust, while its presale structure democratizes early access.

Ethereum whales have taken notice, accumulating tokens during the bonus stage as they seek alternatives to congested networks. This accumulation, coupled with a projected listing price of $0.20, positions DTX as the best investment for 2025.

Its current valuation offers a compelling entry point for early adopters. If the platform mirrors Cardano's growth, token prices could reach $100—a 14,000% upside from presale levels. With the Bitcoin price stabilizing around $98,203, projects like DTX Exchange are poised to capitalize on the market's shift toward platforms that combine DeFi and TradFi, making them a strategic addition to forward-looking portfolios.

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