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Home Crypto News 24/7 Cryptocurrency News

Just-In: SUI Price Slumps By 72% Amid Mainnet Launch

4 weeks ago
in 24/7 Cryptocurrency News, Altcoin News, CoinGape, Crypto News, sui, Sui Network, SUI Token
Reading Time: 1 min read
Just-In: SUI Price Slumps By 72% Amid Mainnet Launch
Just-In: SUI Price Slumps By 72% Amid Mainnet Launch

SUI Token News: Sui Network’s much anticipated mainnet launch finally went live. However, its native token Sui (SUI) price took a major hit as soon as major crypto exchanges opened trading for the token. As per the data, SUI price dropped by a massive 72% since it went live for trading.

Also Read: Every Friday One US Bank Collapses; Who’s Next On The Bank Run?

SUI Price Drops Major

As per the data, the SUI price jumped to touch the $2 price level after just a few minutes of trading. The market cap of SUI reached $675 million, at the press time. However, its Fully Diluted Valuation stood at around $12.79 billion.

(THIS IS A DEVELOPING STORY)

The post Just-In: SUI Price Slumps By 72% Amid Mainnet Launch appeared first on CoinGape.

This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.

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