Toncoin and Sui compete for the top spot in year-to-date gains. With Sui surpassing Toncoin's early lead, how will the year end?
has emerged as a strong contender, achieving massive gains in the past few days that have propelled its price to an all-time high . experienced a wave of interest across the crypto space. At the start of the year, TON was trading at approximately $2.3, but it saw rapid price increases beginning in March. By June, Toncoin had surged to over $8, marking a significant rise., Toncoin’s YTD gains have been impressive, increasing by over 126%.
Data from CryptoRank shows that as of this writing, Sui’s gains stand at an impressive 187.7%, making it the top performer among the top 20 cryptocurrencies. Currently, SUI is trading at around $2.2, reflecting a 3% decline from its recent ATH of $2.3, which was reached in the last trading session. At the beginning of the year, Sui was trading at approximately $0.6, showcasing its remarkable growth in just a few months.Despite the recent pullback, Sui remains in the overbought zone, with its RSI hovering around 70. The recent decline has slightly reduced its RSI.
However, it is still firmly within the overbought territory, suggesting that there may be further room for price corrections.Despite Sui’s recent surge and greater YTD gains, Toncoin maintains a significantly larger market capitalization. According to , Toncoin’s market cap is around $13.4 billion, making it the tenth-largest cryptocurrency by market cap.In contrast, Sui, while impressive in its recent performance, holds a market capitalization of $6.2 billion, placing it 17th among the largest crypto assets.
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