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02/10 07:34

SUI & Dogecoin Holders Buy the Dip As FXGuys’ High

SUI & Dogecoin Holders Buy the Dip As FXGuys’ High-Speed Transactions Win Investorsunnamed-2025-02-09T175412.118-1-696x392.jpg

Sui’s value shot up on Tuesday, February 4, 2025, after big news hit the market. The Sui Bridge now supports Wrapped Bitcoin, making it easier for people to move Bitcoin from Ethereum to Sui’s network. This change could bring more users and activity to Sui’s ecosystem.

In a blog post, the Sui team said Wrapped Bitcoin is now a “fully composable asset.” That means users can do more with it. They can lend, borrow, trade, or use it in different finance apps like Bluefin, Navi, and Suilend. 

Meanwhile, SUI’s price movement has been slow recently. Over the past week, the Sui coin price has dipped by 2% to its current price of $3.57. According to experts, further losses are expected for SUI and other top altcoins. The SUI token value could fall to $2.95 soon.

On the other hand, if SUI stays above the $3.10 support level, investors in the best DeFi coins could be encouraged to enter the market. As per bullish price predictions, SUI could rise to $4.50 in the next few weeks. Meanwhile, some SUI investors are buying $FXG to boost their profits as they expect a post-launch rally.

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