SUI (Sui) 24-hour pump 14.36%

Gate News Bot reported on October 13 that according to CoinMarketCap, as of the time of writing, SUI is priced at $2.81, having risen 14.36% in the last 24 hours, with a high of $3.69 and a low of $0.95. The 24-hour volume reached $2.245 billion. The current market capitalization is approximately $10.18 billion, an increase of $1.279 billion compared to yesterday.

Sui is a high-performance blockchain platform designed to provide the advantages of Web3 while maintaining the usability of Web2. The platform focuses on scalability, security, and low costs, offering developers a powerful smart contract programming language called Move. Sui is committed to supporting innovative companies in building the next generation of Web3 applications.

Important news about SUI recently:

1️⃣ Well-known game developers choose the Sui platform The developer of EVE Online has announced that its new title, EVE Frontier, will expand on the Sui blockchain. This decision highlights the appeal of Sui in the gaming sector, especially for large and complex game projects. EVE Frontier, as a player-built galaxy game containing thousands of star systems, has very high requirements for underlying technology.

2️⃣ Sui Technical Advantages Recognized EVE Frontier has chosen Sui as its expansion platform, reflecting confidence in Sui's scalability and composable architecture. This highly complex gaming environment requires robust technical support, and the choice of Sui signifies that its performance and capabilities have been recognized by industry-leading developers.

3️⃣ Potential rise of the gaming ecosystem With the addition of large game projects like EVE Frontier, Sui's gaming ecosystem is expected to experience significant rise. This could not only bring more users but also attract more game developers to pay attention to and choose the Sui platform, thereby creating a virtuous cycle.

The price of SUI has rebounded after a sharp decline in the short term, rising by 14.36% within 24 hours. This increase may be related to the news that EVE Frontier has chosen the Sui platform, reflecting the market's positive expectations regarding Sui's technological strength and future development prospects. However, considering the high volatility of the cryptocurrency market and the potential time lag between the announcement and actual implementation of new projects, investors should remain cautious.

This message is not intended as investment advice; investors should be aware of the risks associated with market volatility.