Crypto
Sui Token Unlock Triggers Bullish Predictions as Price Targets $20
Sui's August 1 token unlock released around 13.72 million SUI into circulation, worth roughly $9.9 million at current prices of about $0.68.
This release was part of a broader $81 million weekly token unlock wave across the market.
Popular trader CryptoPatel argues that Sui's recent price range represents a high-timeframe accumulation structure rather than a warning sign.
He points to an entry zone between $0.50 and $0.70, with price targets of $5, $10, and eventually $20, calling the pattern 'too clean to ignore'.