SUI Price Plummets By 38% In 7 Days – Will It Recover Anytime Soon?

The price of SUI has experienced a significant decline in the past week, dropping by 38.13%. In the last 24 hours alone, the price has fallen by 21.51%. However, there is a glimmer of hope as the price slightly increased by 1.53% in the past hour. Currently priced at $0.58 per SUI, the token is 61.12% below its all-time high of $1.50. The question now remains whether SUI can regain its footing and initiate a recovery.
SUI Coin Faces Bearish Pressure 
The global crypto market cap has dropped