SUKU crypto erased early week gains amid change in market shift as Bitcoin dropped below $95K. Will it hold above key support?
SUKU crypto, a global Web3 remittance platform, saw a massive pump early in the week, driven by a 250% surge in trading volume.
But it erased the gains and was down by 29% at the time of writing, following a broader market sentiment shift as Bitcoin dropped below $95K. However, should the sellers crack below the level alongside the 200-day MA, SUKU’s price could struggle below $0.08 for a while before gaining momentum for a likely breakthrough attempt at the 2024 resistance.The price rally attracted more users and holders, as seen by the spike in active addresses. Given the uptick in social media dominance, token mentions across social media partly drove the market interest.
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