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Showing posts with the label market optimism

SUI soars 8% as 21 Shares files spot ETF

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Summary ⚈ Sui (SUI) surged 8.36% after 21Shares filed for a spot ETF. ⚈ The token is up over 16% in the past week amid market optimism. ⚈ 21Shares also partnered with Sui to boost global institutional access. Sui (SUI), the native token of the Sui layer-1 blockchain, experienced a dramatic rally on May 1, surging 8.36% to its press time price of $3.70.  The latest move reinforced the already positive weekly performance, which ensured that the eleventh-largest cryptocurrency by market cap is up 16.32% over the last seven days of trading. While the upsurge coincided with the broader market rally that saw, for example, Bitcoin (BTC) hit $96,000 for the first time since the February correction, it can be directly linked to 21Shares’ latest filing with the Securities and Exchange Commission (SEC). SUI one-day price chart. Source: Finbold Why Sui is up today Specifically, the company specializing in cryptocurrency-based exchange-traded products (ETPs) ...

Dogecoin Price Prediction: DOGE Soars 174% In A Month, But Experts Say This Cat-Themed Token Might Be The Best Crypto To Buy Now

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The Dogecoin price has surged 174$ in a month, despite declining 3% in the last 24 hours, to trade at $0.3922 as of 2 a.m. EST on trading volume that dropped 8% to $8.96 billion. Dogecoin Price Prediction Dogecoin’s price spent the last 24 hours just underneath the resistance at $0.40, with small fluctuations, but ultimately on the road to recovery. Now that it finally reached this level, traders are quite interested in seeing whether it can actually breach it or if its price is about to see another rejection. The project’s Bollinger bands have narrowed down considerably around 8 hours ago, and they remained narrow since then, but are now showing signs of a potential widening. This could be an early hint of a recovery and growth, especially given the fact that the price has fluctuated between the upper band and the middle point between the two bands. With market optimism returning, the DOGE price could start pushing the upper band further up, and right now there are sign...