Or boosted by positive news such as Coinbase opening up SUI trading to New York residents, SUI sees over 20% gains in the past 24 hours.
BlockBeats News, December 3rd, Sui (SUI) has surged by 20.96% in the past 24 hours, significantly outperforming the overall crypto market's 6.18% increase. CoinMarketCap's AI analysis indicates that the main driving factors include:
· Coinbase opening SUI trading services to New York residents, triggering a sentiment reversal in the market and leading to a buying frenzy;
· Price breaking above key technical resistance levels, further fueling the upward momentum;
· The token unlocking being smoothly absorbed by the market, with no sign of the expected bearish pressure.
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