SUI mainnet launches, trades for less than $2

Sui’s (SUI) mainnet is now live, and its native token is now trading across various exchanges like Binance, Bybit, and others.
The mainnet went live at 12:00 UTC and began trading across major exchanges for less than $2.
SUI is down more than 70%; trading volume surpasses $300M in 30 minutes
The SUI token has declined by 72% in less than 30 minutes to $1.29 after it opened for trading, according to CoinMarketCap data. The token’s trading volume is currently at $336 million as of press time.
The token has a market cap of $284.46 million, according to CoinMarketCap.
On Binance, the token started trading for $2 but rapidly declined to $1.27 as of press time. The exchange’s data showed it already has a trading volume above $200 million USDT.
Binance users had deposited over $4 billion on the exchange within two days to farm the token.
On other exchanges like KuCoin, it is trading for $1.28 with a trading volume of $34 million.
What is Sui?
Sui is a layer1 blockchain network built on

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We współpracy z: https://cryptoslate.com/sui-mainnet-launches-trades-for-less-than-2/

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