Yesterday marked a new dawn in the crypto industry as the SUI Layer 1 blockchain launched on Mainnet with its hyped native token SUI. The news of the token launch on major exchanges brought excitement to the crypto community, and SUI did not disappoint as its native token rallied massively, recording over 2,000% in the first hour of listing.
The layer 1 blockchain token was seen to hit the $2.16 mark at the time of its launch and listing on exchanges before it retraced due to selloffs.
However, while crypto investors have been drawn to the opportunities and price potential a layer 1 blockchain token can offer, SUI has temporarily failed to continue its price rally on day 2 of its listing. Bears have sent a welcome message.
SUI Token Price Falls Short On Day 2
The Sui layer 1 blockchain token has experienced a price decline in today’s trading session after a significant rally that followed its launch and listing yesterday on major exchanges.
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We współpracy z: https://www.newsbtc.com/altcoin/sui-gets-a-bear-introduction-on-day-2-will-sell-pressure-continue/
