SUI Ranks 5th in DEX Volume But Lacks Trend Strength
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SUI has surged to become the fifth-largest chain by DEX volume, with a recent seven-day DEX volume of $2.1 billion, marking a 4.49% increase. This momentum is largely fueled by growing interest in meme coins and speculative trading on its ecosystem. However, despite the short-term gains, overall trend strength remains mixed, and SUI still trails well behind top-tier chains. Indicators like RSI and EMA lines show early signs of a potential trend shift, but stronger confirmation is needed to challenge these top chains.
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