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SUI Drops 6.53% – Holders Buy Presale Coldware to Counter Further Portfolio Decline

As Sui (SUI) continues to face price declines and consolidation around the $2.3 mark, many holders are seeking alternative investments to counter further losses in their portfolios. Despite Sui (SUI)’s significant drop of 6.53%, investors are showing growing interest in Coldware (COLD), a promising new Layer 1 blockchain offering low-fee transactions and high scalability.

Coldware (COLD) – A New Opportunity for SUI Holders

With Sui (SUI) facing significant resistance and price challenges, many investors are turning to Coldware (COLD) as a viable alternative to stabilize their portfolios. Coldware (COLD) offers a Layer 1 blockchain solution designed for Web3, focusing on IoT integration and low-fee transactions. As Sui (SUI) continues to experience consolidation and downward pressure, Coldware (COLD) provides a potential opportunity for growth, especially as its presale enters its final stages.

With its growing presence and promising technology, Coldware (COLD) has been gaining traction among investors who see the potential for a disruptive force in the blockchain space. As Sui (SUI) faces a period of consolidation, Coldware (COLD) represents a compelling alternative with its real-world use cases and scalability features, making it an attractive option for those looking to diversify their portfolios.

Sui’s Struggles and Price Trends

Over the past week, Sui (SUI) has seen significant price fluctuations, dropping from a high of $2.63 to as low as $2.01 on March 11. The price has struggled to break out above resistance levels, with a major death cross forming on the charts. At the same time, the RSI has dipped into oversold territory, signaling the possibility of a potential upturn. However, Sui (SUI) has continued to battle the $2.37 resistance, failing multiple breakout attempts.

Despite these struggles, Sui (SUI)’s long-term outlook remains positive, with analysts predicting a gradual price increase over the next few years. By the end of 2025, Sui (SUI) could reach as high as $6.77, signaling confidence in the blockchain’s development. However, in the short term, holders of Sui (SUI) are looking for alternative investments to mitigate the risks associated with its current volatility.

Conclusion: Sui’s Struggles and Coldware’s Potential

While Sui (SUI) faces downward pressure and continues to struggle with resistance levels, Coldware (COLD) emerges as a potential solution for investors looking to counter further declines. With its Layer 1 protocol and focus on real-world applications, Coldware (COLD) offers scalability and low fees that Sui (SUI) has yet to fully achieve. As Sui (SUI)’s price continues to fluctuate, Coldware (COLD) could provide investors with an opportunity to capitalize on the growing Web3 ecosystem.

For more information on the Coldware (COLD) Presale: 

Visit Coldware (COLD)

Join and become a community member: 

https://t.me/coldwarenetwork

https://x.com/ColdwareNetwork


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.
His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]

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