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BlockNews
Home CRYPTO

SUI Rockets Nearly 32% As Memecoins MIU, LOFI, and BLUB Fuel Momentum

Gary Ponce by Gary Ponce
April 23, 2025
in CRYPTO, FINANCE, MEMECOINS, OPINION, SUI
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  • SUI crypto jumped nearly 32% in 24 hours, now trading at $2.94, and up over 41% on the week. The rally has been fueled largely by increased activity in SUI-based meme coins like MIU, LOFI, and BLUB.
  • BLUB led the memecoin charge, soaring 60.8% in a day, while MIU and LOFI followed with 20% and 13.8% gains, respectively. This memecoin hype has significantly boosted SUI’s momentum.
  • The SUI network hit major milestones, surpassing 500 million transactions, with a 7% rise in user adoption, over $1.5B in total value locked, and nearly $900M in stablecoin market cap. The $3 mark is now within reach.

SUI crypto is back in the spotlight—and it’s not holding back. The token just pumped nearly 32% in the past 24 hours, riding the wave of growing interest in meme coins living on the Sui network.

According to fresh data from crypto.news, SUI has climbed 31.8% in a single day and is now up a whopping 41.4% over the past week. At the time of writing, the token’s floating just under the $3 mark at $2.94—edging dangerously close to cracking that psychological threshold. Still, it’s got some ground to cover before it touches its all-time high of $5.35, which it hit back in January.

Market cap? Sitting pretty at $9.3 billion, just $700 million shy of joining the $10B club. SUI now ranks 13th among the top crypto assets, right behind heavy-hitters like Wrapped Bitcoin (WBTC) and Lido Staked Ether (STETH). And the volume? Spiked 169% in the last 24 hours, reaching $2.3 billion—a big green flag for market activity.

Meme Coin Madness Boosting SUI’s Hype

So, what’s behind the sudden lift? Meme coins—yes, again. This time, it’s the SUI-based ones like MIU, LOFI, and BLUB that are heating up the charts.

BLUB, the oddly-named but fast-climbing memecoin, has surged 60.8% in the last day alone. It’s now up 77% on the week, boasting a $7.7M market cap and $1M in daily trading volume—that’s a 252% spike, by the way.

Then there’s MIU, a cat-themed token (of course), up almost 20% with a market cap of $69.4M. LOFI isn’t far behind either, posting a 13.8% gain in the past 24 hours.

TOP GAINERS MEME ON SUI LAST 24H🚀

The market's buzzing again, and $SUI is looking stronger than ever. A big breakout could be just around the corner😍

Let’s check out the top meme gainers on Sui over the last 24h👇

Like and RT to support us🙏#Sui #SuiNetwork #memecoins pic.twitter.com/UhfLoj6qxB

— Sui Insiders💧 (@SuiInsiders) April 23, 2025

SUI Ecosystem Breaking Records

Meanwhile, SUI’s underlying network keeps pushing forward. It just crossed 500 million total transactions processed. Not too shabby. A 7% jump in user adoption helped nudge things along, too.

According to DeFi Llama, SUI now has more than $1.5 billion in total value locked (TVL). Stablecoin market cap? Just shy of $900 million, sitting at $888M.

So yeah, with memecoins running hot and the ecosystem racking up milestones, SUI’s got some real heat behind it. If this momentum keeps up, don’t be surprised if that $3 level is just the beginning.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $BLUB$LOFI$MIU$SUiDefiLlamaMemecoinSui Network
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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