Why Is SUN Coin Price Pumping?

SUN coin has pumped 20% today, trading around $0.009 at press time. This is still far from its all-time high in late 2021 of around $0.04, but shows strong momentum upwards.

The current market cap sits at around $93 million. There were no major announcements from the SUN team driving this price surge when we checked their social channels. However, their X (Twitter) account with 67k followers remains active.

Noted trader Decilizer tweeted today: “$SUN is becoming unstoppable! After creating support at 0.009$ it is now continuing its upside move. The way it is moving upwards, looks like 0.025$ is not too far. Expect Bitcoin to stay green as of now.” He believes the coin is showing bullish momentum and could reach $0.025 soon if Bitcoin’s price holds up.

So what is behind this renewed interest in SUN? As a platform operating on Tron network for stablecoin swaps, token mining and governance, SUN serves multiple utilities. The new SUN token grants holders rights like voting, governance, staking rewards and value capture. As more users engage with features like mining, swapping and staking on the platform, demand for the SUN token increases.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

Show more +

With the broader crypto market recovering lately after a long crypto winter, speculative interest seems to be flowing back into altcoins like SUN with real-world use cases and applications. The pump indicates growing confidence in SUN’s platform and tokenomics. If Bitcoin maintains its upside move as Decilizer expects, SUN may rally towards its all-time high once more.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.


Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.