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See the live Sui price in EUR. Buy Sui or add it to your Crypto Strategy.

Sui

SUI

SUI to EUR Price

€0.9517

Sui Market Cap

€2.23B

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SUI EUR price chart / performance

SUI EUR price chart / performance

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From
May 22, 2024
To
May 29, 2024

Returns

Returns

Return (24h)
+0.07%
Return (7D)
-7.26%
Return (1M)
-14.26%
Return (1Y)
N/A

My Investment

My Investment

Profit Taken
€0.00
0.00%
You Have:
€0.00
Unrealised P/L
€0.00
0.00%

Sui (SUI) History and Overview

Sui (SUI) History and Overview

Sui is a cutting-edge, layer 1 blockchain, powered by Proof-of-Stake, that provides high-speed transaction settlement and accommodates a broad spectrum of future-oriented decentralized applications. Its design is geared towards handling high latency and offers the flexibility for developers to construct Web3 projects in anticipation of an upsurge in Web3 users.

Behind Sui's development is Mysten Labs, a pioneering Web3 infrastructure entity, established by ex-high ranking officials from Meta's Novi Research. The team is composed of professionals specializing in cryptography, programming languages, and distributed systems.

Evan Cheng, Mysten's Co-Founder and CEO, likens the current state of Web3 to the initial, sluggish dial-up phase of the internet, characterized by slow and costly processes, security issues, and a challenging construction environment. Thus, Sui was created with the objective of removing intermediaries and enabling users to smoothly engage and blend their favorite products across various apps.

Key features of Sui stem from two primary innovations:

  • The MOVE programming language.
  • The Narwhal-Tusk consensus algorithm.

MOVE, a programming language native to the Sui blockchain, is based on RUST and was developed by Facebook's Libra project, with a focus on parallel execution.

On the other hand, the Narwhal-Tusk consensus algorithm employed in the Sui blockchain distinguishes data transmission from the transaction consensus process, tackling the Mempool-consensus issue found in traditional blockchain designs, such as Ethereum and Bitcoin.

Leveraging these two innovations, the Sui blockchain enables the network to scale horizontally, potentially supporting millions of transactions per second without necessitating specific nodes in the network. Consequently, users won't need to invest heavily in high-end hardware to process faster and more transactions since even normal computers will suffice.

How To Buy Sui or Add it to your Strategy

The fastest, most convenient way to purchase Sui is to purchase it on ICONOMI. We check Sui live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Sui by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Sui is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Sui, we recommend you read the next section, as copying might be a better approach.

Add Sui to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Sui in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Sui SUI. See all Sui price predictions in real time and make the best use of their crypto knowledge.

Pigster Crypto
4 May, 2024

Added 1% more of $SUI which has been the only underperforming asset since the last rebalance.

2 people like this

Despite $BTC being in a correction, which btw. is totally normal. In the 2016-2018 bull run there were six drawdowns of ~30%, alts are holding quite strong. And if we take a look at the Bitcoin dominance chart (posted below) I am strongly leaning towards the beginning of an altseazn. This means altcoins should soon go parabolic and outperform Bitcoin over the next couple of months. $SUI $SEI $IMX $BTC

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5 people like this
Avatar
@MomenJaradat
14 Apr, 2024

1/4


These are the buy and hold returns from April 1 to the present. 


I provide this information to help you see the extent of the decline resulting from the black swan event last night and the night before and compare its impact from the opening of the month. 


You can evaluate this discounts in relation to your investment as this is an appropriate opportunity to buy discounts as in Mid of last March.


It is always better to invest in a passive index with objective rules and no survival bias.


You can review the components that my indexes possess periodically and compare your performance with my indexes that objectively organize the cryptocurrency market according to the method of your investment, or use them to form your own strategies or customize your investment and increase your understanding of developments in the crypto market.


I'm a momentum investor, I buy winners and sell losers here.

The winner remains a winner and the loser remains a loser.


But you can benefit from this information according to your strategy if you are buying dips.


Blockchain Infrastructure sector ex-$ETH


$SOL

$ADA

$AVAX

$DOT

$MATIC

$ICP

$NEAR

$APT

$STX

$ATOM

$ARB

$HBAR

$OP

$INJ

$FTM

$TIA

$SUI

$SEI

$ALGO

$FLOW

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2 people like this
TITANIUM BASIC
11 Apr, 2024

Rebalans strategije Titanium Basic ⚖️


V okviru naše strategije aktivnega upravljanja smo zaključili  rebalans portfelja Iconomi Titanium Basic. Menimo, da ima Solana ($SOL) velik dolgoročni potencial, zato smo njeno alokacijo povečali za 10 %.  Osredotočili smo se na uveljavljene tokene z dokazano preteklostjo, zato smo odstranili tokene Jasmy ($JASMY), Celestia ($TIA), Sei Network ($SEI) in Sui ($SUI).

 

Da bi dosegli bolj razpršen portfelj in ohranili želeni profil tveganja, smo posodobili naložbeno strategijo. To vključuje tokene Binance Coin ($BNB), Chainlink ($LINK), Polygon ($MATIC), Avalanche ($AVAX) in Ocean Protocol ($OCEAN) v portfelj, hkrati pa se je zmanjšala alokacija Injective ($INJ).


Verjamemo, da imajo blockchain tokeni svetlo prihodnost, saj so največji, najdlje delujoči in zato predstavljajo ključne projekte na področju decentraliziranih financ. To poudarja namen naše strategije Titanium Basic.

Verjamemo tudi v Chainlink ($LINK), ker ima močne temelje, saj je največji oracle z največ uporabniki, in je projekt z dolgo zgodovino, ki se bo še naprej uspešno razvijal.


Še naprej smo zavezani doseganju dolgoročnega povečanja vrednosti  za naše sledilce, zato bomo še naprej spremljali razmere na trgu in po potrebi prilagajali portfelj.

5 people like this
Alpha Digital
10 Apr, 2024

Let's take a look at $SUI.


This one has been performing very well until recently when it suddenly stopped outperforming and since has lost 30%.


I continuously scaled the position down so the effect has not been as harsh but it still managed to create a considerable drawdown in the strategy and is the biggest reason Alpha Digital underperformed general altcoin performance over the last weeks.


It now has one last chance to defend its uptrend or I will continue scaling exposure down eventually removing it from the structure altogether.


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4 people like this

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Sui Price FAQ

What Is the Highest Price of Sui (SUI) in EUR?

Sui (SUI) price history shows the highest value of 1.96 EUR . We recorded this price on March 28, 2024, but we cannot exclude that a higher price was registered before June 12, 2023.

What Is the Lowest Price of Sui (SUI) in EUR?
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