🔥 Gate 動態大使專屬發帖福利任務第三期報名正式開啓！🏆 第二期獲獎名單將於6月3日公布！
👉️ 6月3日 — 6月8日期間每日發帖，根據帖子內容評級瓜分 $300獎池
報名即可參與：https://www.gate.com/zh/questionnaire/6761
報名時間：6月3日10:00 - 6月8日 24:00 UTC+8
🎁 獎勵詳情：
一、S級周度排名獎
S級：每週7日均完成發帖且整體帖子內容質量分數>90分可獲S級，挑選2名優質內容大使每人$50手續費返現券。
二、A/B 等級瓜分獎
根據各位動態大使發帖數量及帖子內容質量獲評等級，按評定等級獲獎：
A級：每週至少5日完成發帖且整體帖子內容質量90>分數>80可獲A級，從A級用戶中選出5名大使每人$20手續費返現券
B級：每週至少3日完成發帖且整體帖子內容質量80>分數>60可獲B級，從B級用戶中選出10名大使每人$10手續費返現券
📍 活動規則：
1.每週至少3日完成發帖才有機會獲獎。
2.根據發帖天數和整體發帖內容質量分數給予等級判定，分爲S/A/B等級，在各等級下選擇幸運大使獲獎。
💡 帖子評分標準：
1.每帖不少於30字。
2.內容需原創、有獨立見解，具備深度和邏輯性。
3.鼓勵發布市場行情、交易知識、幣種研究等主題，使用圖例或視頻可提高評分。
4.禁止發布FUD、抄襲或詆毀內容，違規將取
Will $1B Stablecoin Milestone Propel Sui Price to ATH?
Sui price has rallied by 120% from its lowest level in April, and is now forming a bullish flag pattern that points to an eventual surge to its all-time high. The rising stablecoin market cap, which is nearing the $1 billion milestone, will help to supercharge this rally.
Advertisement
Advertisement
Sui Price to Benefit as Stablecoin Market Cap Nears $1 Billion
Sui price rose to $3.80 on Thursday after soaring by 12% in the last 24 hours. This recovery happened in a high-volume environment, with the 24-hour figure jumping by 47% to $2.18 billion.
A potential catalyst that may propel Sui to its all-time high will be its growing stablecoin position. DeFi Llama data shows that the market cap of all stablecoins in the ecosystem has gone parabolic in the past few months and is slowly nearing the $1 billion milestone.
These stablecoins have a market cap of $913 million, higher than the January 1 level of $317 million, a nearly 200% increase. Therefore, if the trend continues, it means that these stablecoins will hit $1 billion either this month or in June.
Sui Stablecoin market capA rising market cap of these coins is a bullish sign for a blockchain because it shows how active its network. It also helps to boost the chain revenue since it takes a small cut for all stablecoin transactions in the network. As the chart below shows, Sui’s chain revenue has held steady above $40,000 a day in the past few weeks.
Sui price will also benefit from the growing performance of its decentralized exchange (DEX) volume. Its volume jumped to over $11.65 billion in the last 30 days, making it bigger than other popular chains like Cardano, Avalanche, and Tron.
Advertisement
Advertisement
Sui Coin Price Analysis: Bullish Flag Points to More Gains
The daily chart shows that the Sui Coin price bottomed at $1.7028 in April. It then formed a double-bottom-like pattern at $2 with a neckline at $2.820. It has surged above the neckline and is nearing the crucial resistance at $4.
Most importantly, Sui price has formed a bullish flag pattern consisting of a tall vertical line and a rectangle pattern. Therefore, this pattern points to more gains, with the next point to watch being the all-time high of $5.4, which is about 40% above the current level.
SUI Price ChartOn the flip side, the bullish Sui Coin price forecast will become invalidated if it drops below the lower side of the flag at $3.10. Such a drop will lead to more downside, potentially to the double-bottom neckline at $2.82.
Advertisement
Frequently Asked Questions (FAQs)
Yes, chances are that the coin will soar to an all-time high since it has formed a bullish flag chart pattern.
The other top catalysts that will push the value of Sui is the ongoing surge of stablecoin market cap in the network. Also, the other catalyst is the growing DEX volume in the network
Sui has the technicals and fundamentals it needs to keep going up in the near term.
✓ Share:
