SoonVerse narxiSOON

has introduced the "Liquidity Hook Era Phase 1: Money Market." This platform offers diverse risk-independent lending and borrowing yield strategies, featuring Multi-Silo Position and LP Token as collateral design. Users can earn INIT points by participating in DeFi activities, referrals, or holding the INIT Golden Ticket, which can be redeemed for rewards. --- 📅 Upcoming Developments The InitVerse Mainnet is slated for launch soon, with the first round of snapshots scheduled to open in October. InitVerse aims to be an automated Web3 SaaS platform, enabling one-click development and deployment of DApps, supported by INIChain and INICloud. This infrastructure dynamically adjusts computing resources according to demand, providing higher security, availability, and scalability.

$CROS They will delete this soon too, but this coin is being dropped by the bitget exchange. They are buying and selling at the same level. When you buy it because it is a low volume coin, they push it down and make you sell it at a loss.

TokenTable announces that SIGN tokens will be distributed through its platform TokenTable, a token distribution platform, announced that its native token SIGN will soon be distributed through its platform. TokenTable is one of the core products of the Sign ecosystem, focusing on on-chain token distribution, and has distributed more than $2 billion in tokens to multiple projects. Previously, it had attracted attention due to the Wayfinder token PROMPT distribution accident.

Late longs gonna punish soon

This is a 1-day candlestick chart of SUI/USDT on Bitget, showing price movements from late January to late March 2025. Here’s the analysis: Price Movement - Overall Trend: The price dropped significantly from a high of 5.1370 around January 26 to a low of 1.6581 around March 2, then recovered to 3.6467 by late March, a 20.21% increase from the recent low. - Current Price: 3.6467, with a 24h high of 3.8117 and a low of 3.0201. - 24h Volume: 32.8M SUI, with a turnover of 112.45M USDT, indicating high trading activity. Technical Indicators 1. Exponential Moving Averages (EMAs): - EMA(5): 3.0869 - EMA(10): 2.7516 - EMA(20): 2.3593 - The price (3.6467) is above all EMAs, suggesting a short-term bullish trend as it has crossed above these key averages. 2. Relative Strength Index (RSI): - RSI(6): 93.3221 - RSI(12): 81.3867 - RSI(24): 66.7074 - RSI values are very high, especially RSI(6) and RSI(12), indicating the asset is overbought. This suggests a potential pullback or consolidation soon, as the price may be overextended. 3. Volume and Moving Averages (MA): - Volume: 18.06M - MA(5): 22.72M - MA(10): 14.85M - Volume is slightly below the 5-day MA but above the 10-day MA, showing decent but not exceptional buying pressure during the recent uptrend. Interpretation - *Bullish Momentum: The price has broken above the EMAs, and the recent 20.21% surge indicates strong buying interest. The recovery from 1.6581 to 3.6467 is significant. - **Overbought Condition**: The high RSI values (especially 93.3221 for RSI(6)) signal that SUI/USDT is overbought, which often precedes a correction or consolidation. - Volume: The volume supports the uptrend but isn’t spiking dramatically, suggesting the rally might lack strong conviction for a sustained move higher without further catalysts. Potential Scenarios - Short-Term: Given the overbought RSI, a pullback to the EMA(5) at 3.0869 or even EMA(10) at 2.7516 could occur if profit-taking kicks in. - Long-Term: If the price holds above the EMAs and volume increases, it could test higher resistance levels, potentially around 4.6115 or even the previous high of 5.1370. News Context - The headline mentions "21Shares Registers SUI ETF in Dubai," which likely contributed to the price surge, as ETF registrations can increase investor confidence . Conclusion SUI/USDT is in a short-term bullish trend but is overbought per the RSI. A correction may be imminent unless new buying momentum emerges. Watch for support at the EMAs (3.0869 or 2.7516) if a pullback occurs, and monitor volume for confirmation of the trend's strength.