The SUI cryptocurrency recently faced turbulence when allegations of insider trading surfaced, causing some investors to hastily sell their positions, leading to a price drop from its peak at $2.36. This has instilled fear, uncertainty, and doubt (FUD) among the crypto community.
Despite the current concerns, some market analysts believe that SUI has the potential to recover and even rally toward the ambitious price target of $100. They argue that the fundamentals of the project support a strong growth trajectory.
It remains to be seen if SUI can overcome the negative sentiment and realize its full potential in the crypto markets, drawing both speculative and fundamental investor interest.
