Solana Rival Sui Sees Ecosystem Tokens DEEP, SUI Pump After Exchange Listing
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- DEEP and SUI tokens shot up 56% and 28%, respectively, in the past 24 hours.
- DEEP skyrocketed after Upbit listing and Binance listing DEEP futures.
- SUI could target the previous high around $3.20 if the bullish momentum sustains.
The Sui ecosystem saw significant activity Wednesday following the high-profile listing of DeepBook’s native token, DEEP, on Upbit, South Korea’s premier exchange.
This news sent both DEEP and the network’s SUI token soaring – posting 24hr gains of 56% and 28% respectively, strongly outperforming peers.
The Upbit listing, which occurred at 05:30 UTC on April 22nd, initially trading against the Korean won (KRW). Also, Binance announced DEEP/USDT perpetual contracts with up to 50x leverage, further boosting trading interest globally.
DeepBook Upgrade and Explosive DEEP Rally
DeepBook, a decentralized central limit order book (CLOB) and on-chain liquidity aggregator built on the Sui blockchain, recently underwent a significant upgrade with the launch of DeepBook v3.1 on April 16th.
This upgrade introduced enhanced liquidity pools and reduced fees, potentially contributing to its growing appeal.
The post Solana Rival Sui Sees Ecosystem Tokens DEEP, SUI Pump After Exchange Listing appeared first on Coin Edition.
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