"Every day more and more people are supporting, will the price go up soon?"
The largest cryptocurrency exchange in the United States (US) Coinbase recently announced its support for the SUI token founded by Sui Network in its trading platform.
This is because Coinbase not only intends to introduce reliable digital assets to its retail customers but also increase the use of Web3.
However, the crypto exchange will announce the launch of trading on the SUI/USD pair in stages if the liquidity requirements are sufficient, where it is expected to start on May 18 today.
In context, the new move by Coinbase has come just a few weeks after Binance reportedly added and launched SUI farming* in its portal.
*Users can stake their BNB and TUSD into separate pools to farm SUI tokens for 2 days
As such, SUI will be included under the "Experimental" category reserved for digital assets that are new or have low trading volumes compared to other well-known cryptocurrencies, the Coinbase team reported.
Although the announcement was met with enthusiasm from the SUI community, PEPE holders were left disappointed as they missed out on the digital asset.
Please note that Coinbase has recently been proactive in adding various new digital assets such as Osmosis (OSMO), a decentralized exchange built for the Cosmos ecosystem to its listing roadmap .
As of this writing, SUI price has risen by 1.34% to $1.20 in the last 24 hours with a market capitalization of $633 million and has rallied around 5.50% over the past week.
