SUI’s DEX Volume Is Now Three Times That of Aptos, But the Price Difference
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- SUI’s trading volume surged to an impressive $28 billion, outperforming APT’s numbers
- SUI and APT’s bearish trends have shown signs of recovery as of the latest updates
The recent upswing in crypto markets has contributed to a remarkable surge in Sui Network’s (SUI) DEX trading volume compared to Aptos (APT).
SUI experienced a striking increase in trading volume, rising to $28 billion, which is over three times APT’s volume at $9.4 billion. SUI’s notable upward trajectory suggests heightened activity on its decentralized exchanges. This disparity in volume signifies robust market preference and liquidity for Sui Network, possibly indicating superior technological benefits or greater investor trust when compared with Aptos.
Performance and Price Action Comparison
SUI observed a modest increase of 8% over the last 24 hours, pushing its price up to $3.18 at the time of writing; conversely, Aptos saw a smaller gain of 1%, bringing its price to $12.24.
Price and Performance Insights
SUI demonstrated an uptick during the ongoing crypto bull run that began late last weekend thanks mainly to Bitcoin’s strong performance. However, while Sui’s trading volume dipped by 22%, Aptos experienced a substantial drop nearing 60%.
SUI has shown consistent uptrend patterns since breaking out from declining channels back in August. This breakout has led to sustained price growth suggestive of strong buying interest brewing among investors optimistic about future growth.
Recently crossing above its long-term moving average (EMA200) hints at further positive momentum ahead for SUI as it targets higher resistance levels with aspirations potentially reaching near the $4 milestone on charts soon enough!
Aptos illustrates dramatic spikes within chart movements illustrating pronounced recoveries through lingering downtrends evident prior without any sign towards stabilization around former resistant zones lifting investor confidence high across board amongst traders actively seeking new horizons ahead!
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