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SUI Surges 6% as $50M Buyback Signals Strong Confidence
SUI Surges 6% as $50M Buyback Signals Strong Confidence
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI is gaining momentum with a 6.15% daily increase and a 14.7% weekly surge, currently trading at $3.84 amid renewed bullish sentiment. Market capitalization has climbed to $13.74 billion, supported by $1.33 billion in 24-hour trading volume.
SUI Group Holdings has approved a $50 million stock repurchase program, demonstrating strong confidence in the project's long-term fundamentals. Technical indicators including RSI and MACD suggest potential for further upside movement.
The altcoin's resilience highlights growing investor appetite for digital assets beyond Bitcoin and Ethereum. Institutional interest appears to be building as SUI continues to outperform broader market trends.
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