Loading...
Market
Story
Grayscale Launches SUI Trust, Sui Price Surges Over 17.4% to $1
Sep 12, 2024, 02:57 AM
Grayscale has launched the SUI Trust, targeting accredited investors seeking exposure to Sui (SUI), a third-generation blockchain designed to address scalability and transaction costs. Following the announcement, Sui's price surged over 17.4%, reaching the $1 mark. The Sui blockchain is noted for its scalability, security, and speed, making it a competitive player in the cryptocurrency market. The trust has backed the Sui blockchain with $916,000 in assets. This development has generated significant interest and investment, with Sui outperforming the market amid a broader cryptocurrency rally. Sui is also expected to skyrocket into the top 10 cryptocurrencies.
View original story
Similar markets
Below $1 • 25%
$1 - $1.99 • 25%
$2 - $2.99 • 25%
$3 or above • 25%
Yes • 50%
No • 50%
Top 10 • 25%
Top 11-15 • 25%
Top 16-20 • 25%
Below top 20 • 25%
Below 0.20% • 25%
0.20% - 0.25% • 25%
0.26% - 0.30% • 25%
Above 0.30% • 25%
