SUI Skyrockets! 🚀

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Oh joy! Canary Capital’s thrown their hat into the ring with a Delaware court filing for an SUI ETF. It’s like they’ve sent a love letter to the SEC, hinting at a spot ETF on the horizon. And guess what? SUI’s price is up 3%, even when the market’s doing the limbo. Plus, teaming up with Donald Trump’s DeFi baby, World Liberty Financial, is the cherry on top. Analysts are now throwing around fancy price targets like confetti!

SUI’s on a $7.2 High? 🤔

After a February high of $3.5, SUI took a little dip, sliding under $2.5. But fear not, it’s bounced back like a rubber ball, now hovering at $2.8. And the token’s open interest? Up a whopping 12.11% to $649 million. Seems like the bulls are partying over at Coinglass’s data den!

Solberg Invest’s chart says we’re at a make-or-break point. If this support sticks, get ready for a ride to $7.2. Buckle up!

Spot SUI ETF: Coming to a Market Near You? 📈

Thursday was a big day: Canary Capital filed in Delaware for an SUI ETF trust. It’s the first step in a dance with the SEC. If they say yes, investors will be all over SUI like bees on honey. Eman Abio, co-founder and optimist extraordinaire, can’t wait for more crypto ETFs.

Yes, ETF(s) soon.

— Adeniyi.sui (@EmanAbio) March 4, 2025

Everyone’s jumping on the ETF bandwagon. Grayscale wants its Hedera ETF on Nasdaq, and there’s a line of filings for Litecoin, Solana, XRP, and more. It’s like a crypto ETF party!

World Liberty Financial: Sui’s New BFF? 🤝

Thursday brought another surprise: World Liberty Financial’s partnering up with Sui for a strategic reserve. They’re planning to stash SUI in their Strategic Reserve, like a treasure chest for supporting top projects.

Evan Cheng, Sui’s founding contributor, thinks this combo could revolutionize asset storage. They’re all about giving power back to the people over their finances, creations, and online lives. And guess what? This partnership is another rocket booster for SUI’s price rally. 🚀

SUI Skyrockets! 🚀

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2025-03-07 12:16