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SUI Crypto Hits $3 Amid Pokémon Partnership Rumors with Sui Blockchain
In recent market developments, SUI crypto has surged to hit the $3 mark, amid rumors of a potential partnership between Pokémon and the Sui blockchain. As of now, there is no official confirmation from either party regarding these claims, but speculation surrounding the partnership has fueled significant growth in the cryptocurrency’s value.
The news began circulating after an update was rolled out for Pokémon HOME, introducing a new medal collection feature. A closer look at the privacy policy revealed that Parasol Technologies, a blockchain gaming studio recently acquired by Mysten Labs (the team behind Sui), had been added as a developer that may share user data with the Pokémon Company. This subtle yet significant change has set tongues wagging about the potential for a groundbreaking collaboration between the two giants.
As a result of these rumors and market sentiment, SUI crypto has seen a remarkable 26% increase in value over a single day, accompanied by a substantial spike in trading volume. Market analysis suggests that this upward momentum could potentially continue, with some predicting a target price range of $3.8 to $4 if the positive sentiment sustains.
It’s worth noting that Sui Foundation has recently announced Parasol’s plans to launch blockchain-based trading card games. Although Pokémon NFTs were initially mentioned in the blog post before being removed, the connection between the two entities remains an intriguing topic for discussion.
While some skeptics have cautioned against jumping to conclusions without concrete evidence, others are more optimistic about the potential implications of a partnership. The truth remains that SUI has broken through its key resistance levels, and any further bullish indicators could propel it even higher.
At present, there is no conclusive proof that Pokémon is entering the Web3 space via a collaboration with Sui Blockchain. However, the cryptocurrency’s surge in value suggests that investors are not entirely dismissing the possibility.
As always, we will be keeping a close eye on developments and providing updates as more information becomes available.
Source: https://coinpedia.org/news/sui-crypto-hits-3-amid-pokemon-partnership-rumors-with-sui-blockchain/
