Category: sui crypto

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Weekly Crypto Standouts: CEL’s 339% Surge, BNX’s 15% Decline

On Monday, Sept. 23, 2024, the crypto market reached a total value of $2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8% rise. However, other digital currencies outshined both top coins, posting even larger gains.…
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Sui token struggles to regain despite denial of ‘unfounded’ allegations

The price of the SUI token plummeted after allegations of supply manipulation from regulatory officials in South Korea. Sui’s native SUI token has struggled to regain ground after plunging more than 9% amid allegations from South Korean regulators, which have accused the Sui Foundation of manipulating the supply of the token for its own gain. …
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Sui Foundation denies it sold locked staking rewards on Binance

Sui was accused of dumping locked and non-circulating staked SUI tokens on Binance. Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance . The Foundation knocked back the claim in a five-part Twitter thread…
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