The Hilarious Rollercoaster of Sui’s Price: From Pokémon Rumors to $5?

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Oh, dear friends, gather round! Have you heard the news? The token price of Sui has been on a most marvelous adventure lately, climbing faster than a firecracker on New Year’s Eve. While the entire crypto market has been resurrected like Lazarus himself, SUI has been given an extra nudge thanks to some juicy rumors about a potential collaboration with none other than Pokémon! Yes, you read that right—Pokémon. Because who doesn’t love a little nostalgia with their crypto? Over the past week, Sui has gallivanted up nearly 72%, becoming the crowned victor of the biggest gainers list. With such a dazzling performance, there’s a very real hope that it might soon break the monumental $5 barrier, just as a brave knight would charge into battle. ⚔️

The DeFi Frenzy and the Spectacle of Liquidations

Now, let us turn our gaze upon the spectacle of Sui’s price movement, which, like a masterful dance, has shown strong momentum. What’s particularly noteworthy is how buyers have been pushing past resistance levels without breaking a sweat. Meanwhile, in the last 24 hours, a rather entertaining drama unfolded: liquidations galore! A total of $22.2 million worth of Sui positions vanished into thin air, with $7.4 million disappearing from the pockets of buyers and $14.8 million from sellers. Poof! Gone. Where do they go, you ask? Well, that’s the magic of crypto, my friend. 🔮


In case you missed it, SUI has been leading the charge, outperforming the entire top 100 cryptocurrencies by market cap. In fact, it’s been the number one gainer this week, propelled by rising investor confidence—thanks in no small part to the launch of the Grayscale SUI Trust. Oh, and did I mention the partnership with xPortal and xMoney to roll out a *virtual* Mastercard across Europe? It’s practically a modern-day fairy tale, with a financial twist!

But wait, there’s more! The whispers of a collaboration with Pokémon have sent shockwaves through the crypto world. This all started after a curious privacy policy update for Pokémon HOME, which mentioned Parasol Technologies LLC. Now, why does that matter, you ask? Well, because Parasol happens to be a Web3 gaming firm snatched up by Sui’s parent company, Mysten Labs, in March 2025. Ah, the plot thickens! 📜

Sui continues to hold its place proudly among the top 10 layer-1 blockchains, with a total value locked (TVL) of $1.65 billion. And just to rub it in, the TVL has soared by a whopping 40% in the past week alone! Oh, the thrill of success. In addition, its daily decentralized exchange (DEX) trading volume has rocketed, increasing by 180%, now sitting pretty at $600 million. Who said crypto was boring? 🤑

The Quest for $5: Will SUI Break Through?

As we approach the grand finale, let’s examine what might happen next. Despite Sui’s dazzling ascent, the $3.8 resistance level remains a formidable foe. At present, Sui is hovering around $3.6, up by a humble 8% in the last 24 hours. But fear not! There are still plenty of valiant buyers out there, trying their hardest to push Sui past the 20-day EMA. Will they succeed, or will they fall short, like so many before them? Only time will tell.


Now, don’t get too carried away just yet—there are some ominous clouds on the horizon. The Relative Strength Index (RSI) currently stands at a rather exuberant 79. This, my dear reader, means the asset is officially “overbought,” and the sellers are circling like vultures. Could a correction be looming? It’s entirely possible.

But let’s imagine for a moment: If the buyers can muster enough energy to charge forth, Sui might just break through the $4.3 resistance and aim for the ever-elusive $5.4. However, if the selling pressure proves too strong, we could see a downward tumble back to the $3 support level. Oh, the drama!

Read more: Why is SUI Crypto Making a Ruckus Today?

Should the price drop below $3, brace yourselves for a larger sell-off, with Sui potentially falling to the next support at $2.4. This could mean the end of recent gains, as the downtrend gains strength. But don’t despair! There’s always next week. 💀

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2025-04-25 22:53