Altcoin SUI has factored in a modest price increase in the last 24 hours.
The cryptocurrency hit a new ATH at $3.93 on November 17 as per CMC data.
The Asian crypto sector has shown increased activity in the past day. According to reports, crypto mining firm BIT Mining was charged a penalty fee of $10 million for bribery by the Japanese government. Meanwhile, the crypto market has entered a brief consolidation as prices have not shown significant movements compared to last week.
However, the altcoin sector has been projecting mixed signals. While some cryptocurrencies have reflected the leading assets, others have continued to soar. Tokens such as HBAR and VeChain have remained consistent in the upward movements. Sui Network’s SUI has shown minimal price movements in the past day.
The altcoin has reflected the overall crypto market in price action this week. After hitting an ATH at $3.93 on November 17, SUI has failed test levels above $3.90 exhibiting resistance l
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