$SUI down 70% despite binance launching SUI-based trading pairs
The token can be bought and sold against several other crypto and fiat currencies: Bitcoin, USDT, TUSD, EUR, BNB and TRY.about the SUI listing says, until a further announcement is issued. It also stated that EUR and TRY are only fiat currencies, and they do not represent any cryptos.
Aside from Binance, several other major exchanges, including Bybit, OKX and KuCoin, are about to launch SUI trading pairs. Chinese crypto journalist Colin Wu also reported that the official team of the SUI coin has demanded that these exchanges, and Binance as well, do not launch the SUI-based perpetual futures trading.
Still, despite the trading launch, CoinMarketCap data shows that the SUI price is down 70%, trading at $1.31.
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