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Sui Price Hits All-Time Low Amid Allegations of Market Manipulation, But Traders Think This New Penny Crypto Could Explode

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SUI is currently trading around the $0.378 level, with many pundits speculating that its value could reach zero.

However, the damage has already been done to SUI’s price, which hit new all-time lows this week amid the allegations. General bearish market trends and reports that Sui faced several stumbling blocks on the decentralization front have hampered the project’s progress in 2023.While SUI struggles with controversy, several new penny cryptocurrencies have been gaining traction.

With meme coins known for producing remarkable gains based on speculation and hype, MK’s built-in utility through its P2E mechanics and staking options sets it apart from most other projects in the space.

 

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SUI token hits all-time low after facing market manipulation claimsThe native token of the Sui blockchain, SUI, touched an all-time low of $0.367 on Wednesday before some recovery. The fall came after fresh allegation
Source: FXStreetNews - 🏆 14. / 72 Read more »