SUI cryptocurrency has been on a tear recently, surging by over 350% in just two months. After an early August dip, prices rallied strongly in late September, with SUI currently holding firm at $2.02. Despite a slight pullback, the trend remains bullish. The daily chart shows strong support at $1.59, and many analysts believe that if buyers return, SUI could break above $2.40, continuing its bullish momentum.

Meme Coin Supercycle on SUI Network

The rapid growth of the SUI network has given rise to a new wave of meme coins, with tokens like Sudeng (HIPPO) and Fud The Pug (FUD) gaining significant attention. Sudeng (HIPPO) has emerged as the leading meme coin on the network, boasting a market cap of over $109 million. Despite recent retracement, HIPPO is poised for another uptrend if it reclaims the $0.013 mark. The coin has been listed on major exchanges such as KuCoin, MEXC, and Gate.io, further fueling its popularity.

Fud The Pug (FUD) Eyes Further Gains

Another meme coin riding the SUI wave is Fud The Pug (FUD). Currently trading with support at $0.0000005555, the coin is expected to gain momentum following its listing on Gate.io. If FUD can break resistance at $0.0000009518, it could see significant price increases, continuing its steady gains over the past two months.

Meme Bets Presale Sparks Interest

In addition to Sudeng and Fud The Pug, Meme Bets is also capturing attention. This meme coin project, currently in presale, aims to bridge the gap between meme culture and the emerging GambleFi trend by building a crypto casino for meme coin holders. With nearly $500,000 already raised, Meme Bets could see a spike in value upon listing, following the trend of other popular utility meme coins.

As the SUI network grows, meme coins appear to be riding the bullish wave, with investors keeping a close eye on the potential for further gains.