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SUI Token Skyrockets 45% on ETF Hype—Just Before Crypto Bloodbath
SUI Token Skyrockets 45% on ETF Hype—Just Before Crypto Bloodbath
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Move over, Bitcoin—SUI just stole the ETF spotlight with a jaw-dropping rally. The layer-1 token surged 45% in 48 hours after whispers of a potential SUI ETF hit trading desks. Then reality bit back.
Pump-and-ETF syndrome strikes again
Institutional money flooded in faster than a VC dumping tokens at ATH. Traders FOMO''d into positions, liquidity pools swelled—and just as quickly, the entire market got rug-pulled by macro headwinds. Classic crypto.
The cynical take
Another day, another ''game-changing'' crypto narrative that conveniently ignores the SEC''s allergy to altcoin ETFs. But hey—at least the algo traders made bank before the leverage got liquidated.
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