VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023.
The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project.
On the same day the network launched, SUI peaked at $2.16 per unit, but has since dropped by 37% from its record high.
