SUI Price Prediction: Will SUI Speed Across the $8 Price Mark as JetBolt Rally Intensifies

Sui SUI $2.46 24h volatility: 2.9% Market cap: $7.96 B Vol. 24h: $991.30 M is trading at $2.99 today and reportedly had an uptick in price of 10.4% in the last 24 hours. With this recent gain, can Sui speed across the $8 price mark?

In altcoin news, the young token JetBolt (JBOLT) is causing a stir in the crypto community, boasting its presale milestone that has already sold close to 335 million tokens since its launch. While SUI experiences a price comeback, new crypto JetBolt continues to captivate crypto enthusiasts and whales with its zero-gas technology and Web3 wallet feature.

Can Sui smash $8 and what are the factors that could Sui reach this milestone? What’s the mounting whale frenzy with JetBolt? Let’s find out.

SUI Price Prediction: Can SUI Breach $8?

Based on CoinGecko’s data, Sui is down by 3.5% in the last seven days and has declined by 17.4% this month. As speculation grows about an impending altseason, can Sui breach $8?

According to analysts, Sui is currently in bearish sentiment, with its 3-day timeframe technical indicators showing a decline. Sui’s Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) have crossed bearish territory. However, if Sui breaks out from its bearish trend and surpasses a resistance at $3.09 and succeeding resistance levels, Sui may gain bullish momentum.

Can SUI breach $8? Analysts believe it may take a while for Sui to attain the price goal. Sui would need to break price milestones, increase its adoption rate, and upgrade its current technological development. However, factors like competition, market volatility, and regulatory risks could slow down SUI’s price growth.

JetBolt (JBOLT)’s Presale of Close to 335 Million Tokens Sold: What’s Driving the Whale Frenzy?

While reaching $8 seems uncertain for Sui at the moment, the new altcoin JetBolt (JBOLT) is generating hype in the crypto community with its presale that has already sold close to 335 million tokens. Built on the Skale Network, JetBolt offers a zero-gas technology that removes gas costs completely.

Besides the gas-free tech, JetBolt adapts the power of artificial intelligence into its revolutionary ecosystem. JetBolt’s AI-powered tool provides snippets of crypto news, stories, and Web3 content aggregated based on bullish or bearish market sentiment.

As a next-gen crypto, JetBolt has also integrated a Web3 wallet with biometrics and facial recognition features for a smooth process. Moreover, JetBolt’s rapid transaction speed and near-instant finality via Skale enable on-chain transactions to be both quick and irrevocable.

Meanwhile, early adopters can receive up to 25% more JetBolt tokens when purchasing Alpha Box packages or tokens in batches. With JetBolt’s token price increasing daily in the presale, crypto whales are rushing to get their JBOLT tokens today.

Wrapping Up: Will SUI Speed Across the $8 Price Mark as JetBolt Rally Intensifies

While Sui speeding across the $8 price mark is unlikely in the meantime, analysts suggest Sui must overcome the factors and hurdles that Sui may face along the way. Meanwhile, the new altcoin JetBolt (JBOLT) is heating up the crypto market with its presale rally intensifying, selling close to 335 million tokens already. This young token continues to captivate crypto enthusiasts and whales’ attention, flaunting its zero-gas technology, Web3 wallet, and AI-news aggregation tool next-gen attributes.

Head over now to JetBolt’s official website and X page for more information.

Disclaimer: This piece does not offer any sort of trading or financial advice. All cryptocurrencies are highly volatile and the crypto market has been known to shift without warning. Please partake in your own research before purchasing and exploring any cryptocurrency.

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