The Sui crypto market is facing a moment of reckoning as the price of the SUI token slipped below a key support level at $3.50, trading at $3.47 at the time of writing.
This move comes amid continued fallout from the $223 million Cetus Protocol hack, one of the largest decentralized finance (DeFi) breaches this year, which has rattled investor confidence and triggered a shift in Sui investor sentiment.
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The Sui crypto market is facing a moment of reckoning as the price of the SUI token slipped below a key support level at $3.50, trading at $3.47 at the time of writing.
This move comes amid continued fallout from the $223 million Cetus Protocol hack, one of the largest decentralized finance (DeFi) breaches this year, which has rattled investor confidence and triggered a shift in Sui investor sentiment.