SUI, a standout among the top 100 cryptocurrencies, experienced a notable 110% price increase over the past month. This surge has been attributed to heightened demand and speculative trading activities, pushing the altcoin to unprecedented price levels. However, crypto analysts are sounding alarms regarding the sustainability of this growth.
The possibility of a forthcoming price correction is concerning for investors who eagerly anticipate continued upward momentum. As the market dynamics suggest a potential retreat, traders are urged to exercise caution and analyze the shifting trends closely.