{"id":545787,"date":"2023-08-04T14:00:30","date_gmt":"2023-08-04T14:00:30","guid":{"rendered":"https:\/\/uniquehot.com\/?p=545787"},"modified":"2024-06-11T14:39:19","modified_gmt":"2024-06-11T14:39:19","slug":"is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/","title":{"rendered":"Is SUI Price Stability Under Threat Due To Transactional Boom And Bust?"},"content":{"rendered":"

Sui network’s persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the SUI token has been on a downward trajectory. Sustaining this heightened market position presents difficulties, as demonstrated by the recent performance of the Sui token’s value.\u00a0<\/span><\/p>\n

Sui token is currently priced at $0.591478, according to\u00a0<\/span>CoinGecko<\/span><\/a>, with a 0.3% drop in the past 24 hours and a 6.0% decrease over the past seven days.<\/span><\/p>\n

The Sui network experienced a big surge, reaching unprecedented heights before undergoing a sharp decline recently. Have other indicators and the token’s valuation borne the impact of this plunge?<\/span><\/p>\n

Sui Network’s Transaction Surge And Diverging Trends<\/strong><\/h2>\n

A recent\u00a0<\/span>report<\/span><\/a>\u00a0indicates an interesting pattern in the Sui network’s daily transaction block numbers, which commenced in early July. Starting at around 200,000, the transaction count surged to 500,000 and dramatically jumped to over 6 million within a day. <\/span><\/p>\n

Related Reading: Kaspa (KAS) Takes Off With 23% Burst \u2013 What\u2019s Fueling The Thrust?<\/a><\/div>\n

This peak brought the total transactions to an impressive 65.8 million, accompanied by an all-time high for the platform and its blockchain.<\/span><\/p>\n

<\/p>\n

SUI is currently trading at $0.59 according to the daily chart on TradingView.com<\/a><\/pre>\n
However, the excitement was short-lived as the transaction count quickly settled at approximately 720,000. Interestingly, the network’s activity volume showed a minor decline, stabilizing at about $2 million.<\/span><\/p>\n
The Total Value Locked (TVL) took a different trajectory. Despite the transaction surge, the TVL demonstrated a subtle upward trend, currently at around $14 million,\u00a0<\/span>according to DefiLlama<\/span><\/a>.<\/span><\/p>\n
Assessing Sui Token’s Stability And Prospects<\/strong><\/h2>\n
The Volatility Gauge evaluates recent trends, allowing it to form a score that reflects the current market dynamics rather than being skewed by isolated fluctuations. This methodology provides a more comprehensive understanding of the token’s price behavior.<\/span><\/p>\n
\"\"<\/p>\n
SUI total value locked. Source: Defillama<\/a><\/pre>\n
As noted in a\u00a0<\/span>separate analysis<\/span><\/a>, the SUI token demonstrates a moderate level of volatility. A low score on the Risk\/Reward Gauge complements this average volatility. <\/span><\/p>\n
This pairing indicates that while the token experiences moderate price swings, it is also safeguarded against undue price manipulation. This confluence of factors presents a balanced perspective on the token’s risk and potential rewards.<\/span><\/p>\n
Related Reading: Shiba Inu Price Poised To Reach $0.01 With Shibarium Upgrade, These CEOs Say<\/a><\/p>\n
Looking ahead, the Sui token’s price is favorably poised. The support level is thoughtfully established at $0.568754, which signifies a point where downward pressure could find a halt. <\/span><\/p>\n
On the other hand, the resistance level is strategically set at $0.606822, indicating the end at which selling pressure might increase.<\/span><\/p>\n
This positioning offers Sui token an advantageous space to navigate before encountering significant selling pressures. It suggests that the token has room to flourish within this range, indicating a positive trajectory soon.<\/span><\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from Ethereum World News<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Sui network’s persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the SUI token has been on a downward trajectory. Sustaining this heightened market position presents difficulties, as demonstrated by the recent performance of the Sui token’s value.\u00a0 Sui token is currently priced at $0.591478, according to\u00a0CoinGecko, with a 0.3% drop in the past 24 hours and a 6.0% decrease over the past seven days. The Sui network experienced a big surge, reaching unprecedented heights before undergoing a sharp decline recently. Have other indicators and the token’s valuation borne the impact of this plunge? Sui Network’s Transaction Surge And Diverging Trends A recent\u00a0report\u00a0indicates an interesting pattern in the Sui network’s daily transaction block numbers, which commenced in early July. Starting at around 200,000, the transaction count surged to 500,000 and dramatically jumped to over 6 million within a day. Related Reading: Kaspa (KAS) Takes Off With 23% Burst \u2013 What\u2019s Fueling The Thrust? This peak brought the total transactions to an impressive 65.8 million, accompanied by an all-time high for the platform and its blockchain. SUI is currently trading at $0.59 according to the daily chart on TradingView.com However, the excitement was short-lived as the transaction count quickly settled at approximately 720,000. Interestingly, the network’s activity volume showed a minor decline, stabilizing at about $2 million. The Total Value Locked (TVL) took a different trajectory. Despite the transaction surge, the TVL demonstrated a subtle upward trend, currently at around $14 million,\u00a0according to DefiLlama. Assessing Sui Token’s Stability And Prospects The Volatility Gauge evaluates recent trends, allowing it to form a score that reflects the current market dynamics rather than being skewed by isolated fluctuations. This methodology provides a more comprehensive understanding of the token’s price behavior. SUI total value locked. Source: Defillama As noted in a\u00a0separate analysis, the SUI token demonstrates a moderate level of volatility. A low score on the Risk\/Reward Gauge complements this average volatility. This pairing indicates that while the token experiences moderate price swings, it is also safeguarded against undue price manipulation. This confluence of factors presents a balanced perspective on the token’s risk and potential rewards. Related Reading: Shiba Inu Price Poised To Reach $0.01 With Shibarium Upgrade, These CEOs Say Looking ahead, the Sui token’s price is favorably poised. The support level is thoughtfully established at $0.568754, which signifies a point where downward pressure could find a halt. On the other hand, the resistance level is strategically set at $0.606822, indicating the end at which selling pressure might increase. This positioning offers Sui token an advantageous space to navigate before encountering significant selling pressures. It suggests that the token has room to flourish within this range, indicating a positive trajectory soon. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Ethereum World News<\/p>\n","protected":false},"author":557,"featured_media":545791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,3],"tags":[1144,8686,4735,88213,88413],"class_list":["post-545787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-news","tag-btcusd","tag-ethusd","tag-price-action","tag-sui-network","tag-sui-price"],"acf":[],"yoast_head":"\nIs SUI Price Under Threat Due to Transactional Boom And Bust?<\/title>\n<meta name=\"description\" content=\"Sui network's persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the SUI token has\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is SUI Price Under Threat Due to Transactional Boom And Bust?\" \/>\n<meta property=\"og:description\" content=\"Sui network's persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the SUI token has\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-04T14:00:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:39:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000\" \/>\n\t<meta property=\"og:image:width\" content=\"2500\" \/>\n\t<meta property=\"og:image:height\" content=\"2000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Is SUI Price Stability Under Threat Due To Transactional Boom And Bust?\",\"datePublished\":\"2023-08-04T14:00:30+00:00\",\"dateModified\":\"2024-06-11T14:39:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/\"},\"wordCount\":479,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000\",\"keywords\":[\"btcusd\",\"ethusd\",\"Price action\",\"SUI Network\",\"SUI price\"],\"articleSection\":[\"All\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/\",\"url\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/\",\"name\":\"Is SUI Price Under Threat Due to Transactional Boom And Bust?\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000\",\"datePublished\":\"2023-08-04T14:00:30+00:00\",\"dateModified\":\"2024-06-11T14:39:19+00:00\",\"description\":\"Sui network's persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the SUI token has\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000\",\"width\":2500,\"height\":2000,\"caption\":\"SUI\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is SUI Price Stability Under Threat Due To Transactional Boom And Bust?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/uniquehot.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"Is SUI Price Under Threat Due to Transactional Boom And Bust?","description":"Sui network's persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the SUI token has","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/","og_locale":"en_US","og_type":"article","og_title":"Is SUI Price Under Threat Due to Transactional Boom And Bust?","og_description":"Sui network's persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the SUI token has","og_url":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-08-04T14:00:30+00:00","article_modified_time":"2024-06-11T14:39:19+00:00","og_image":[{"width":2500,"height":2000,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000","type":"image\/jpeg"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/"},"author":{"name":"Christian Encila","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"Is SUI Price Stability Under Threat Due To Transactional Boom And Bust?","datePublished":"2023-08-04T14:00:30+00:00","dateModified":"2024-06-11T14:39:19+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/"},"wordCount":479,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000","keywords":["btcusd","ethusd","Price action","SUI Network","SUI price"],"articleSection":["All","Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/","url":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/","name":"Is SUI Price Under Threat Due to Transactional Boom And Bust?","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000","datePublished":"2023-08-04T14:00:30+00:00","dateModified":"2024-06-11T14:39:19+00:00","description":"Sui network's persistent growth propelled it into the league of the top 100 cryptocurrencies by market capitalization, but the value of the SUI token has","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000","width":2500,"height":2000,"caption":"SUI"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Is SUI Price Stability Under Threat Due To Transactional Boom And Bust?"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Is SUI Price Stability Under Threat Due To Transactional Boom And Bust?","url":"http:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000"},"articleSection":"All","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["btcusd","ethusd","price action","sui network","sui price"],"dateCreated":"2023-08-04T14:00:30Z","datePublished":"2023-08-04T14:00:30Z","dateModified":"2024-06-11T14:39:19Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Is SUI Price Stability Under Threat Due To Transactional Boom And Bust?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/is-sui-price-stability-under-threat-due-to-transactional-boom-and-bust\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-12.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-12.jpg?fit=2500%2C2000\"},\"articleSection\":\"All\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"btcusd\",\"ethusd\",\"price action\",\"sui network\",\"sui price\"],\"dateCreated\":\"2023-08-04T14:00:30Z\",\"datePublished\":\"2023-08-04T14:00:30Z\",\"dateModified\":\"2024-06-11T14:39:19Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-12.jpg?fit=2500%2C2000","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/545787"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=545787"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/545787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/545791"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=545787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=545787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=545787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}