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SUI Plunges 3.9%: CoinDesk 20 Index Tumbles in Wednesday Market Shakeup

SUI Plunges 3.9%: CoinDesk 20 Index Tumbles in Wednesday Market Shakeup

Author:
CoindeskEN
Published:
2025-08-21 13:14:01
7
2

Another day, another crypto correction—welcome to the volatility party.

SUI Takes the Heat

The token dropped a sharp 3.9%, single-handedly dragging the CoinDesk 20 into the red. No fancy explanations, no “macroeconomic headwinds” jargon—just straight-up selling pressure.

Index-Wide Ripple

When one major player stumbles, the whole index feels it. Wednesday’s session turned negative thanks largely to SUI’s slide. Because in crypto, sentiment spreads faster than a memecoin pump.

Timing the Bounce?

Dips like these either scare weak hands out—or bring in buyers looking for a discount. Either way, it’s a reminder: what goes down doesn’t always rocket back up. Sometimes it just… lingers.

Another classic crypto day: one token’s loss is everybody’s problem. Almost like traditional finance, but with more screenshots and fewer suits.

9am CoinDesk 20 Update for 2025-08-21: vertical

Leaders: AAVE (+1.2%) and BCH (-0.2%).

Laggards: SUI (-3.9%) and XLM (-2.5%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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