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SUI

SUI Price Target at $24 Amid Monthly Unlocks

The price target for SUI is set at $24, even though there are monthly token unlocks totaling $140 million, which could lead to increased selling pressure.
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AI Analysis

The projection of a $24 price target for SUI appears optimistic in light of the ongoing token unlock schedule. Monthly unlocks amounting to $140 million suggest that there could be substantial liquidi...

AI Recommendation

Given the substantial monthly token unlocks of $140 million, caution is advised. Investors should prepare for increased volatility and potential short-term downward pressure. It might be prudent to aw...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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SUI Faces Short-Term Downward Pressure Amid Market Volatility

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Crypto Token Unlocks Set to Halve to $3B in August, SUI and FTN Lead

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