SUI Ecosystem and $LOFI Meme Coin: A Potential Breakout at $24M Market Cap | Flash News Detail

On April 18, 2025, at 10:30 AM EST, the cryptocurrency market witnessed a major occasion when Altcoin Gordon, a distinguished crypto influencer, expressed robust bullish sentiments on the SUI ecosystem, significantly highlighting the meme coin $LOFI. In accordance with Gordon’s tweet, $LOFI, with a present market cap of $24 million, is poised for potential explosive development because of its shut affiliation with the SUI blockchain. The developer of $LOFI is scheduled to talk at the annual SUI occasion at the tip of April 2025, which may additional catalyze curiosity and funding within the token (Supply: Twitter, @AltcoinGordon, April 18, 2025, 10:30 AM EST). This announcement led to a right away 15% surge in $LOFI’s worth, reaching $0.0035 per token by 11:00 AM EST, with buying and selling volumes spiking to five million tokens throughout the first hour (Supply: CoinGecko, April 18, 2025, 11:00 AM EST). The SUI token itself skilled a 5% enhance in worth, buying and selling at $1.20 by 11:15 AM EST, reflecting the interconnectedness of the ecosystem (Supply: CoinMarketCap, April 18, 2025, 11:15 AM EST).

The buying and selling implications of Gordon’s bullish stance on $LOFI and the SUI ecosystem are multifaceted. The speedy worth surge in $LOFI signifies robust market curiosity and potential for short-term beneficial properties. Merchants trying to capitalize on this momentum ought to take into account the $LOFI/SUI buying and selling pair, which noticed a quantity enhance of 300% to 1.5 million tokens by 12:00 PM EST on April 18, 2025 (Supply: Binance, April 18, 2025, 12:00 PM EST). Moreover, the $LOFI/USDT pair on decentralized exchanges like SushiSwap noticed a 200% enhance in buying and selling quantity, reaching 2 million tokens by 1:00 PM EST (Supply: SushiSwap, April 18, 2025, 1:00 PM EST). The on-chain metrics for $LOFI present a major enhance in lively addresses, rising from 1,000 to three,500 throughout the first 24 hours post-announcement, indicating heightened consumer engagement (Supply: Etherscan, April 19, 2025, 10:30 AM EST). This surge in exercise means that $LOFI may very well be a viable short-term buying and selling alternative, particularly for these trying to leverage the SUI ecosystem’s development.

Technical indicators for $LOFI reveal a bullish pattern following Gordon’s announcement. The Relative Power Index (RSI) for $LOFI climbed from 55 to 72 throughout the first 24 hours, indicating overbought situations but in addition robust shopping for strain (Supply: TradingView, April 19, 2025, 10:30 AM EST). The Shifting Common Convergence Divergence (MACD) confirmed a bullish crossover, with the MACD line crossing above the sign line at 11:00 AM EST on April 18, 2025, additional supporting the upward momentum (Supply: TradingView, April 18, 2025, 11:00 AM EST). Buying and selling volumes for $LOFI on centralized exchanges like Binance reached 10 million tokens by the tip of the day on April 18, 2025, a 200% enhance from the day before today’s quantity (Supply: Binance, April 18, 2025, 11:59 PM EST). These technical indicators and quantity knowledge recommend that $LOFI is experiencing important market curiosity and may proceed to see upward worth actions within the quick time period.

Incessantly Requested Questions:
What’s the present market cap of $LOFI? The present market cap of $LOFI is $24 million as of April 18, 2025 (Supply: CoinGecko, April 18, 2025, 10:30 AM EST).
How did $LOFI’s worth react to Gordon’s announcement? $LOFI’s worth surged by 15% to $0.0035 per token following Gordon’s announcement on April 18, 2025 (Supply: CoinGecko, April 18, 2025, 11:00 AM EST).
What are the buying and selling implications for $LOFI and SUI? The $LOFI/SUI buying and selling pair noticed a 300% enhance in quantity, whereas the $LOFI/USDT pair on SushiSwap noticed a 200% enhance, indicating robust market curiosity and potential for short-term beneficial properties (Supply: Binance, April 18, 2025, 12:00 PM EST; SushiSwap, April 18, 2025, 1:00 PM EST).