Altcoin
Can SUI Price Hit $7.2 Amid Canary Capital’s SUI ETF Filing?

Asset manager Canary Capital has recently submitted its filing at the Delaware court for an SUI exchange-traded fund (ETF), suggesting that a spot ETF filing could be coming next. This has pushed the SUI price higher by 3% despite the broader market fall. Furthermore, the recent partnership with Donald Trump’s DeFi project World Liberty Financial has served as an additional catalyst with analysts giving high targets for the crypto.
SUI Price Eyes The Rally to $7.2 and Above
Following the top of $3.5 in February, the SUI price has been trading lower amid the broader market correction and slipping under $2.5 earlier this week. However, the altcoin has bounced back from the support zone, reversing its trajectory and gaining over 3% now at $2.8 levels. Also, the open interest of the token has surged by 12.11% to $649 million, hinting at strong bullish sentiment for the altcoin, Coinglass’s derivatives data showed.
As per the below chart shared by Solberg Invest, the current pullback of the token appears to be testing a critical support zone while maintaining the integrity of the long-term uptrend. If this support holds, we could see a significant recovery all the way to the $7.2 level.


Spot SUI ETF Coming Soon?
In a major development on Thursday, Canary Capital submitted the filing in Delaware to establish a trust for an SUI-based exchange-traded fund (ETF). The filing marks an initial step toward gaining regulatory approval from the U.S. Securities and Exchange Commission (SEC). If approved, the ETF would provide investors with exposure to SUI. Co-founder Eman Abio also shared optimism surrounding the news, demanding more crypto ETFs.
Yes, ETF(s) soon.
— Adeniyi.sui (@EmanAbio) March 4, 2025
Asset managers are seeking crypto ETF approval for a number of other digital assets. Earlier this week, asset manager Grayscale filed for listing its Hedera ETF product on the Nasdaq exchange. Besides, there have been several filings already seeking crypto ETFs for Litecoin, Solana, XRP, etc.
Partnership With World Liberty Financial
On Thursday, World Liberty Financial announced its partnership with the layer-1 blockchain platform with the goal of creating a Sui strategic reserve. As part of the collaboration, WLFI intends to include the crypto in its Strategic Reserve, aiming to support and strengthen leading projects.
Evan Cheng, a founding contributor to Sui, believes that the synergy between Sui’s cutting-edge technology and WLFI’s ambitions could transform how assets are stored and utilized globally. According to Cheng, both projects share a unified vision of empowering individuals to reclaim control over their “finances, creations, and online agency”. this has served as another catalyst for the SUI price rally today.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Dogecoin Whale Dumps 300M Coins Amid Market Crash, Can DOGE Price Dip Below $0.1?

A Dogecoin whale has solidified investors’ bearishness this ‘black Monday’ by dumping 300 million coins to Binance. DOGE price has lost nearly 15% value in the past 24 hours, stooping to a $0.13 low in sync with broader trends. In response, crypto market traders and investors are now reflecting a highly cautious approach toward the meme coin’s future prospects.
Dogecoin Whale Dumps 300M Coins Sparking Investor Concerns
Data from the transaction tracker Whale Alert revealed that a Dogecoin whale deposited 300 million coins worth $41.77 million to Binance on April 7. This whale selloff has made traders and investors buckle up for additional price volatility ahead. Notably, the wallet address ‘DU8gPC5mh4KxWJARQRxoESFark2jAguBr5’ was recorded making the transactions.
For context, usual market sentiments remain bearish amid such transfers as they bring potential selling pressure and increase the exchange supply for an asset. These dynamics negatively impact a coin’s price, abiding by the law of supply and demand.
What Prompted The DOGE Whale Move?
Meanwhile, it’s noteworthy that the Dogecoin whale’s selloff may be to mitigate losses amid an ongoing crypto market crash. The broader sector faces a black Monday as Bitcoin, Ether, and leading alts lose alarming values due to broader trends.
Primarily as Donald Trump’s reciprocal tariffs kicked off, global markets and risk assets are facing heat in sync. As a result, even DOGE price is facing immense pressure, aligning with the whale dump mentioned above.
Will Dogecoin Price Face Further Heat?
The current market sentiment orbiting the renowned dog-themed meme coin is highly uncertain. Crypto market traders and investors are awaiting signs that show crypto prices have digested trade war tensions. Nevertheless, the current scenario remains highly bearish.
As mentioned above, DOGE price has lost nearly 15% intraday and is resting at $0.13. In the interim, renowned crypto market analyst Berke Oktay warned that further downside risk may await traders as the token lost vital support and fell below $0.17.
However, analyst Trader Tardigrade conversely revealed a bullish projection for the meme coin. Despite the price crash and massive Dogecoin whale dump, the analyst revealed that DOGE has formed its second RSI bullish divergence. This suggests momentum is improving even though the price is falling — often a sign that a trend reversal to the upside might be near.


As a result, crypto market investors continue to reflect an uncertain sentiment and await a prominent bullish or bearish takeover in the coming days. The chances of DOGE slipping below $0.1 remain relatively low at the moment, although market concerns persist due to broader trends.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Expert Reveals Decentralized Strategy To Stabilize Pi Network Price

Pi Network price has left investors puzzling over a steady decline that saw Pi Coin nearly sink to $0. 3. To prevent a repeat of the steep drop, the pseudonymous Satoshi Nakamoto is making a case for a decentralized market stabilization mechanism for the Pi Network.
A Community-Driven Liquidity Pool For The Pi Network
The pseudonymous Satoshi Nakamoto theorized on X that a community-driven liquidity pool (CDLP) will provide a range of benefits for Pi Network. According to his post, CDLP will operate as a decentralized market stabilization mechanism focused on Pi Coin price performance.
The plan, leaning on the Dollar-Cost Averaging (DCA) buying strategy, will require participants to commit to purchasing a fixed amount of Pi monthly. Each user participating in the CDLP will have full control of the Pi coins in their wallets without the need for any intermediaries.
Per Nakamoto, users purchasing Pi coins each month will form a “massive” CDLP capable of preventing steep price drops. The CDLP achieves this by increasing Pi liquidity, reducing circulating supply while demand continues to increase.
“This pool increases market depth, cushions sharp price drops, and promotes a more stable price structure,” said Nakamoto.
Nakamoto says the CDLP is not a short-term strategy to prop up Pi Network as it advocates for long-term holding. In the short term, Dr Altcoin wants Pi Network to burn tokens as a near-term solution to falling prices.
The Entire Ecosystem To Benefit From CDLP
Apart from stabilizing the Pi Network price, the CDLP will have an impact on the broader ecosystem. First, Nakamoto says developers building projects will have a stable environment without the hassle of sharp price drops. The Pi Network has previously come under fire after PiDAOSwap launched NFTs on BSC over lengthy KYB delays
Furthermore, a stable price will be an incentive for businesses to accept Pi as a payment mechanism. Nakamoto says Pi holders will be rewarded by future decentralized applications (DApps) building on the network.
“This doesn’t just stabilize the price – it transforms Pi’s visibility, strengthens the community, and attracts more developers and real-world use cases,” said Nakamoto.
Nakamoto says the CDLP is viable and sustainable as it does not require whales to support the price. Nakamoto claims that a $10 monthly commitment to buy Pi will result in a “steady $100 million inflow” into PI that is user-controlled without third-party risks.
Centralized exchanges like Binance sidelining Pi in listing processes have affected community sentiments, triggering a bearish sentiment for Pi.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Has The Dogecoin Price Bottomed Out? Analyst Points Out ‘Critical Decision Zone’


Dogecoin price action is at a critical decision zone, according to a new technical analysis shared by a crypto analyst on TradingView. This analysis comes as Dogecoin bulls accumulate in the $0.16 range to successfully defend this price level in the past 24 hours.
The price action has pushed the meme coin to currently retesting a historical support area, and the coming days will determine whether Dogecoin breaks lower or begins a recovery toward the $0.20 region.
Dogecoin Nears Support With Bearish Triangle Formation
The analyst noted that Dogecoin is trading within a descending triangle pattern, a typically bearish structure that could see the price continue downward if support is broken. This support is situated at the horizontal zone between $0.164 and $0.18, highlighted as an accumulation area where buyers have previously stepped in.
The Ichimoku Cloud indicates a persistent bearish trend, but the analyst flagged some early signs of exhaustion in downward momentum that suggests that Dogecoin might be bottoming at $0.16. However, confirmation is required before deciding about any bullish momentum. For instance, the Relative Strength Index (RSI) has fallen to around 32.98, nearing oversold territory but not yet showing strong divergence.
Simultaneously, the Wave Trend Oscillator (WTO) is also deep in the oversold zone, with its signal lines beginning to curl upward that shows a possible short-term bounce. On the other hand, the Moving Average Convergence Divergence (MACD) still hasn’t confirmed a reversal, as its signal line has yet to be crossed.
Selling Pressure Continues To Linger
Dogecoin has spent the larger part of the past seven days around $0.16. Interestingly, the analyst noted that the MACD histogram is shrinking on the negative side, showing bearish momentum is weakening. However, the formation of lower highs reveals that sellers are still exerting pressure, preventing any meaningful upward move.
The cluster algo, which tracks potential market inflection points, has not yet flashed a strong bullish signal. Still, the compression of its lines shows that a breakout either up or down may be very close. The analyst refers to this as a “critical decision zone,” where a firm defense of the $0.164 level could cause a move back toward $0.20 or even $0.21, coinciding with the 0.236 Fibonacci retracement level. Beyond that, a break above $0.21 and strong buying volume could push the Dogecoin price until it reaches strong further resistance at $0.28 and subsequently $0.455, according to the 0.786 Fibonacci level.
Should Dogecoin fail to hold the $0.164 support, the price could retrace further until it reaches the $0.11 to $0.12 zone seen in market lows. Such a move would essentially see Dogecoin returning to price levels it hasn’t traded in since Q4 2023.
At the time of writing, Dogecoin was trading at $0.1696.
Featured image from Technext, chart from TradingView

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