🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
The 3 brightest stars of the SUI system in the fourth week of April 2025
The saying "A rising tide lifts all boats" accurately reflects the current landscape of the crypto market. The strong growth of Bitcoin has created a ripple effect, boosting the value of many altcoins, notably the tokens within the SUI ecosystem.
Let’s take a deep dive into three notable tokens in the SUI ecosystem, while also evaluating their growth prospects in the near future.
1. Walrus (WAL)
WAL recorded an impressive increase of 24% in just 24 hours, currently trading around the 0.51 USD mark. This price surge reflects the increased volatility of the market over the past month.
WAL has retested the resistance level of 0.505 USD for the second time this month. If it can maintain above this level, the next resistance the token will face is 0.547 USD. In a positive scenario, a sustained increase above 0.547 USD could bring WAL closer to the 0.6 USD mark – an important psychological milestone, further reinforcing investor confidence in the long-term prospects of this token.
! WAL 1-day price chart | Source: TradingView However, if WAL fails to sustain above $0.505, the downtrend could return to the first support zone at $0.447. If the downward momentum continues and this support level is broken, the price could plunge towards $0.389 – a significant setback that clouds the current bullish outlook.
2. DeepBook (DEEP)
DEEP is the brightest star in the SUI ecosystem this week, with an outstanding increase of 129% in one day, raising the token value above 0.2 USD.
DEEP has conquered the threshold of 0.23 USD, recording the highest level in over two months but was unable to maintain it for too long. In the case of a short-term correction, the support level at 0.17 USD will serve as a foundation for future recovery, with the next target being 0.304 USD – indicating there is still significant upside potential.
3. Cetus Protocol (CETUS)
CETUS is also not to be outdone, increasing by 31% in the past 24 hours, reaching a two and a half month peak at 0.145 USD before correcting. This increase reflects the strong enthusiasm of investors and the potential to continue expanding the upward trend.
Currently, CETUS is working to turn $0.142 into solid support. The next target will be the key resistance at $0.15 – a major hurdle on the way to extending the upside.
Overall, all three tokens in the SUI ecosystem are experiencing positive changes due to the overall market price increase. However, the sustainability of this upward trend will depend on various factors such as investor sentiment, macroeconomic conditions, and the intrinsic motivation of each project.
Disclaimer*: This article is for informational purposes only and is not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions*
Annie