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Weekly candlestick of SUI supports Kevin O'Leary's scorching hot altcoin recommendation

Digital currencies, led by prominent ones, recorded gains of 10-20% in the closing week of April. However, SUI stood out, exhibiting an impressive surge of around 70%. Kevin O'Leary, a notable figure in the crypto arena, had predicted such an occurrence mid-month.

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Crypto Prices Soar, but SUI Takes the Lead in April's Market Rebound

Weekly candlestick of SUI supports Kevin O'Leary's scorching hot altcoin recommendation

Unfounded fears about Trump's tariffs couldn't dampen the crypto market's spirits for long. Bitcoin made a spectacular comeback in April, even outperforming the stock market. After dipping to $74,500 on "Black Monday," Apr. 7, it surged to an impressive $94,300 by Friday, Apr. 25 - a whopping 20.6% market gain for crypto traders who had the foresight to buy the dip.

Several altcoins also saw significant growth, but none quite as extraordinary as Sui network tokens (SUI). ThisLayer-1 smart contract blockchain currency jumped an astounding 70% against the dollar, making it the undisputed leader among Top 100 cryptocurrencies by market cap. At one point, SUI skyrocketed by 28% in just under 24 hours.

One reason behind SUI's meteoric rise is its DEEP market penetration in April. Route 2 FI, a prominent Crypto X commentator with 326K followers, attributes SUI's growth to its robust ecosystem:

"$DEEP up 67% in the past week after tier 1 exchange listings and $WAL is in the top 100."

DeepBook, a lightweight and powerful DEX engine operating on SUI, is likely a key player in its success.

Route 2 FI was not the only one bullish about SUI. Prior to its surge, the "Shark Tank" judge and renowned businessman Kevin O'Leary had already hopped onto the SUI bandwagon, predicting it to be the hottest ticket in town. Speaking on a podcast, O'Leary declared, "I think the hottest ticket right now is SUI. It's Mysten. That's a hot new project."

Last year, CoinGecko found that SUI was the fastest major smart contract blockchain network other than Solana in a speed test. This technical advantage combined with Kevin O'Leary's endorsement seemed to set the stage for SUI's remarkable April performance.

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  1. After a dip on "Black Monday," Bitcoin made an impressive comeback in April, outperforming the stock market and surging from $74,500 to $94,300.
  2. Several altcoins also saw growth, but Sui network tokens (SUI) led the pack, jumping an astounding 70% against the dollar.
  3. One reason behind SUI's meteoric rise is its robust ecosystem, which includes a lightweight and powerful DEX engine called DeepBook.
  4. Route 2 FI, a prominent Crypto X commentator, attributes SUI's growth to its robust ecosystem, citing tier 1 exchange listings and the rise of $DEEP.
  5. Kevin O'Leary, a "Shark Tank" judge and renowned businessman, had already endorsed SUI before its surge, predicting it to be the hottest ticket in town.
  6. Last year, SUI was found to be the fastest major smart contract blockchain network other than Solana in a speed test, providing it with a crucial technical advantage.
  7. Investors may find opportunities in cryptocurrencies like SUI, as it rebounded significantly in April and has the endorsement of a well-known figure like Kevin O'Leary.
Major cryptocurrencies experienced a significant surge in value during the closing weeks of April, with gains ranging from 10% to 20%. However, Solana (SUI) outperformed its peers, soaring by an impressive 70%. Kevin O'Leary, a prominent figure in the crypto world, had previously anticipated such growth mid-month.
Major cryptocurrencies experienced a weekly increase of 10-20% towards the end of April, but Shiba Inu Coin (SUI) pumped by an impressive 70%. As predicted by Kevin O'Leary mid-month, this substantial surge occurred.

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