SUI Gets Binance Listing; IOU Price Set To Skyrocket

Crypto News: Sui Network, a Layer 1 blockchain’s native token SUI (IOU) is set to make its debut on the world’s largest crypto exchange, Binance. As per the announcement, Binance will list Sui and open trading for its 6 pairs (SUI/BTC, SUI/USDT, SUI/TUSD, SUI/BNB, SUI/EUR, and SUI/TRY) on May 3, 2023.

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Binance Yet To Announce SUI Perpetual Contracts

Sui network has been gaining traction among the crypto community as it moves close to its mainnet launch. Its native token SUI has already bagged listings of several crypto exchanges like OKX, Bybit, and Kucoin. However, unlike the launch of the APT future, Binance is yet to announce the listing of SUI perpetual contracts.

According to the data provided by Coingeko, Sui price is up by 7% over the last 24 hours. It is trading at an average price of $3, at the press time. However, the token has registered a surge of over 2% in the last 1 hour. Read More Crypto News Here…

Rising among new trending cryptos, the token got a mention in an online quarrel between Changpend Zhao (CZ), Binance CEO, and Justin Sun, Tron Founder. However, it got settled in a few tweets.

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CZ in a tweet stated that Binance and the team told Justin Sun an action will be taken against him if the Tron founder uses any of the tactics to grab the LaunchPool Sui token. He added that there LaunchPools are meant of air drops for retail users not for few whales.

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Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

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