- Summary:
- The crypto has attempted to break above the crucial $0.03500 level yesterday, but the sellers kept stepping in to push prices lower.
SUN is a platform on the TRON blockchain offering a wide variety of Decentralized Finance (DeFi) tools. As the first-of-its-kind platform on TRON, SUN.io integrates token mining, stablecoin swapping and self-governance. Users can participate in liquidity mining programs to earn rewards, swap different stablecoins with a little fee and slippage, and actively shape the platform’s future through governance proposals and community voting.
SUN.io recently introduced a governance token, SUN, after a redenomination. This token offers holders voting rights, allowing them to decide the direction SUN.io takes and benefit from the ecosystem’s growth and success. SUN holders also earn passive income by staking their tokens for rewards.
What Drove The SUN Rally?
Sun Token (SUN) recently surpassed the Sun price prediction with an incredible surge of over 470% in a week. The leading cause of this dramatic price increase was a tweet from TRON founder Justin Sun. Sun announced the launch of SunPump on the TRON blockchain, which will be used to generate and trade meme coins.
Sun Price Prediction
The SUNUSDT crypto price was trading at $0.03131 at writing as it edged lower for the day following yesterday’s rally attempt. The crypto has attempted to break above the crucial $0.03500 level yesterday, but the sellers kept stepping in to push prices lower. Finally, the crypto ended the day trading slightly below $0.03200.
SUN crypto was trading lower today as the bears fought for control against the bulls. The crypto has pulled back from its recent all-time high of 0.04489, which was hit on Sunday, August 25, 2024. Bears stepped in and have been pushing prices lower since then.
