SUI's wild week: Is $5 next?

Reading time: 5 minutes

News | Crypto Converter | Crypto Calculators

Sponsored:

Start mining with PaladinMining and get a $15 bonus!

• Mine easily with daily payouts and check-in rewards

• 100% clean energy-driven mining initiative 

Start your crypto mining journey with PaladinMining and earn a $15 bonus along with a daily check-in reward of $0.60. Users don’t need any prior mining experience and can just choose a contract plan to start earning passive income. 

PaladinMining is a cloud mining provider established in the UK in 2016. It allows users to mine crypto remotely without the hassle of owning expensive mining equipment. The platform has more than 1.68 million users across 190 countries.

Mining on the platform is a simple 2-step process: just create an account, buy a contract plan, and that’s it! Users can also get a 3% commission as a referral bonus and contracts with tiers up to 80% ROI.

SUI soars 73% in a week: Grayscale, Mastercard, and Pokémon rumors fuel momentum

Key points:

• SUI’s price surged 73% over the past seven days, outperforming top altcoins.

• Grayscale’s SUI Trust launch and Mastercard integration drive bullish momentum.

• Speculation about a Pokémon partnership via Parasol fuels Web3 gaming hype.

News - SUI has emerged as the week's top performer among major cryptocurrencies, with a massive 73% price jump since April 21. Trading as high as $3.71 on April 25, the token has eclipsed Avalanche and Chainlink in market cap rankings, buoyed by a wave of institutional and retail enthusiasm.

The rally follows a string of bullish developments. Grayscale launched its SUI Trust on April 23, opening doors for accredited investors to gain exposure to the token through a regulated vehicle. Simultaneously, SUI’s partnership with xPortal and xMoney introduced a virtual Mastercard in Europe—allowing 2.5 million users to spend SUI across 20,000+ merchants via Apple Pay and Google Pay.

Adding to the frenzy are unconfirmed rumors of a potential collaboration between SUI and Pokémon. Parasol Technologies, a Web3 gaming firm acquired by Mysten Labs (Sui’s developer), was quietly listed in Pokémon HOME’s privacy policy update. This sparked speculation that Sui may be powering future Pokémon gaming infrastructure, though no official announcement has been made.

DeFi and technical breakout - Sui’s DeFi footprint is expanding rapidly. Its total value locked (TVL) rose 40% this week to $1.65 billion, while DEX trading volumes surged 177% to $599 million—outpacing BNB Chain and Solana. Stablecoin liquidity on the network also jumped 82% over the past two months.

Technically, SUI has broken out of a falling wedge and cleared a multimonth resistance around $2.20, fulfilling a projected target of $3.30. Analysts now eye the $4.50–$5.10 resistance zone before retesting the all-time high of $5.35. A bullish Elliott Wave setup even suggests a long-term upside target of $11.50.

ARK Invest predicts $2.4M Bitcoin by 2030: Is the bull case believable?

Key points:

• ARK Invest has raised its bullish Bitcoin price target to $2.4 million by 2030.

• Base and bear case projections now stand at $1.2M and $500K, respectively.

• Declining BTC exchange balances suggest rising long-term holder conviction.

News - Cathie Wood’s ARK Invest has made waves again with its updated 2030 Bitcoin outlook — and the numbers are bold. The firm now projects BTC could hit $2.4 million in a best-case scenario, up 60% from its January 2024 bull case of $1.5 million. Even its base case of $1.2 million and bear case of $500K reflect growing confidence in Bitcoin's role in the future of finance.

ARK’s model factors in institutional adoption, Bitcoin’s rising status as “digital gold,” its use in emerging market economies as a safe-haven asset, and increasing interest from corporate and nation-state treasuries.

“Institutional investment contributes the most to our bull case,” said ARK analyst David Puell, who emphasized Bitcoin’s growing penetration into the $200 trillion global financial market.

Why it matters - If Bitcoin hits the $2.4M mark, its market cap would soar to $49.2 trillion, nearly surpassing the combined GDPs of the U.S. and China. ARK’s bullish forecast is also fueled by a new modeling method that focuses on active supply — discounting lost and long-held BTC — making their estimates 40% higher than traditional models.

Meanwhile, exchange-held BTC continues to drop, falling from 3 million in late 2024 to 2.6 million, per Glassnode. This trend supports the thesis that holders are in it for the long haul — a sentiment echoed by Bitcoin’s recent rebound to $94,000.

With macro uncertainty rising and institutional appetite building, the $2.4M target may sound far-fetched — but it’s no longer unthinkable.

Trump dinner rumors debunked: $420 in TRUMP token may be enough

Key points:

• Trump memecoin team denies rumors of a $300K requirement to attend the exclusive dinner with the U.S. President.

• The actual minimum holding currently sits around $420, based on the latest leaderboard snapshot.

• Eligibility depends on time-weighted holdings and KYC checks, not just wallet balance.

News - You may not need a whale wallet to dine with Donald Trump after all. The official team behind the Trump memecoin has refuted viral claims suggesting that holders need over $300,000 in TRUMP tokens to qualify for an exclusive dinner event with the former U.S. president.

On April 25, the memecoin team took to X to clarify that the cutoff for dinner eligibility is determined by a leaderboard, not a blockchain explorer reading. The leaderboard ranks wallets based on time-weighted holdings—which means the amount held and how long it’s been held—rather than raw token balance alone.

At press time, the 220th-ranked wallet holds only 35 TRUMP tokens (worth ~$420) and still qualifies, assuming the holder completes KYC and background checks.

Behind the dinner hype - TRUMP’s price surged 70% this week, hitting around $12, as excitement over the dinner event sent social media into a frenzy. While some VIP wallets indeed hold over $400K in tokens, the project emphasized that “you don’t” need a six-figure stake to qualify.

To keep the competition fair, the team confirmed that cliff and daily token unlocks will remain locked for 90 days, outlasting the dinner competition.

The leaderboard’s top wallet reportedly holds over 1.1 million TRUMP tokens (~$14M), but time-weighted scores matter more than flashy totals. In fact, some wallets with zero current holdings still qualify due to previously accrued time-weighted scores.

So no, you don’t need $300K — but you do need patience, persistence, and a bit of TRUMP.

North Korean hackers masquerade as U.S. crypto firms to spread malware

Key points:

• Lazarus Group’s ‘Contagious Interview’ campaign created three shell companies to target crypto developers.

• FBI has seized one of the fake websites, Blocknovas, while SoftGlide and others remain active.

• Malware-laced fake job interviews were used to steal private keys and wallet access.

News - North Korean hackers are back in the spotlight — this time with a front of fake U.S. crypto firms and AI-generated employees to launch targeted malware attacks on unsuspecting developers.

Cybersecurity firm Silent Push revealed that a Lazarus-linked subgroup known as Contagious Interview has operated three fake crypto consulting entities — BlockNovas, SoftGlide, and Angeloper Agency — with two even registered as legal businesses in New York and New Mexico, violating OFAC and UN sanctions.

Their tactics? Fake job interviews laced with sophisticated malware. Candidates are prompted to record a video intro, which leads them to unknowingly download malicious code.

Malware targets wallets, clipboard data - At least three types of malware were deployed:

• BeaverTail (for information theft and deeper infection),

• InvisibleFerret and OtterCookie (targeting clipboard data and wallet credentials).
  

The FBI has already seized the Blocknovas domain, placing a notice indicating its use in cyberattacks, but SoftGlide remains active, according to Silent Push’s Zach Edwards.

Multiple developers have already fallen victim, including one who had their MetaMask wallet compromised.

AI-forged identities and global infiltration - The hackers used AI-modified images and stolen photos to create fake employee profiles, further lending credibility to their operations. Some images were simply altered versions of real people, crafted to evade facial-recognition flags.

This marks just the latest effort in North Korea’s widening phishing campaigns. Earlier this month, Manta Network’s co-founder was targeted using a fake Zoom malware strategy linked to the same threat actor.

As the Lazarus Group continues to exploit trust-based platforms like GitHub and job boards, the FBI says it will keep pushing to “impose risks and consequences” on both actors and facilitators enabling these schemes.

More stories from the crypto ecosystem

• SEC plans cross-border crypto sandbox with El Salvador to shape future U.S regulations

• Bitcoin to $100K next? Here’s how the market could be setting up for a big move!

• Dogecoin: As bulls reclaim control, will DOGE see a reversal?

• Memecoin mania fading? What’s scaring creators off Pump.fun

• Ethereum: Signs point to 2022-like consolidation ahead

Crypto scams uncovered

• Spanish AI-powered scam defrauds victims of €19 million: In April 2025, Spanish authorities dismantled a sophisticated cryptocurrency scam that used AI-generated deepfake videos featuring fake celebrity endorsements to lure over 200 victims. The fraudsters tricked individuals into investing in bogus crypto schemes, then posed as recovery agents and even Europol officials to extract additional payments, ultimately stealing more than €19 million. 

• Europol dismantles €113 million crypto mining ponzi scheme: In mid-2024, Europol and Eurojust supported a cross-border operation that dismantled a fraudulent investment scheme involving fake crypto mining equipment. The scam spanned six countries—Germany, Switzerland, Austria, Czechia, Lithuania, and Liechtenstein—and defrauded thousands of victims, causing losses of up to €113 million. The operation led to multiple arrests and the freezing of assets. 

• Estonian nationals plead guilty in $577 million crypto fraud: In February 2025, two Estonian nationals pleaded guilty to operating a massive cryptocurrency Ponzi scheme through their company, HashFlare. Between 2015 and 2019, they sold contracts for non-existent crypto mining services, defrauding hundreds of thousands of investors worldwide out of over $577 million. The defendants agreed to forfeit assets valued over $400 million.

Top 3 coins of the day

dogwifhat (WIF)

Key points:

• At press time, WIF was trading at $0.62, reflecting a 12.07% increase over the last 24 hours.

• It was one of the top trending memecoins of the week, with over 40% gains in the last 7 days.

What you should know:

WIF continued its breakout rally, building on strong bullish momentum that began mid-April. The Parabolic SAR flipped below the price line over a week ago and has since sustained its uptrend, suggesting consistent upward pressure. Meanwhile, the MACD line maintained its lead above the signal line, and the histogram showed growing bullish strength. Rising volumes added to the conviction, pushing WIF past the $0.60 mark for the first time since early March. The rally was further amplified by recent media coverage predicting potential price targets as high as $1 amid growing memecoin euphoria and social media traction. The next resistance zone to watch lies around $0.68–$0.70. If WIF closes above that, bulls may aim for $0.75 or higher. Support rests near $0.52.

Worldcoin (WLD)

Key points:

• At press time, WLD was trading at $0.98, up 6.62% over the last 24 hours.

• The token has been on a strong uptrend since mid-April, gaining over 30% in the past week.

What you should know:

WLD extended its bullish momentum this week, approaching the $1 psychological level after a sustained rally. The Parabolic SAR continued to trail well below the candlesticks, affirming the strength of the upward trend. Additionally, the RSI pushed toward the overbought zone, reading near 69, which reflected strong buyer dominance but also suggested a potential short-term cooling-off. Volume picked up steadily throughout the week, reinforcing bullish conviction. Analysts have noted that Worldcoin has been approaching a key juncture, with some speculating on whether this surge could fade or continue into a broader rally. The $1.05–$1.10 resistance zone will be crucial to monitor, as a breakout above that could validate a move toward the $1.30 mark. Support in the near term remains around $0.88.

DeXe (DEXE)

Key points:

• At press time, DEXE was trading at $13.48, up 1.56% over the last 24 hours.

• The token attempted to hold above the lower Bollinger Band after recent volatility.

What you should know:

DEXE saw a modest intraday recovery following a stretch of weakness that had pushed it below its 20-day moving average. The Bollinger Bands expanded slightly, reflecting increasing price volatility, though DEXE remained within the lower half of the band range. Despite the uptick, the Chaikin Money Flow (CMF) stayed negative at -0.08, indicating that capital outflows continued to outweigh inflows. Trading volume remained relatively average, with no significant breakout signal yet. The recent wicks suggested indecision between bulls and bears, with the price struggling to reclaim momentum above the midline of the Bollinger Bands. If bullish sentiment builds, traders should monitor the $14.50–$15.20 resistance area. A rejection here could lead to a drop toward the $12.50 support zone, which has acted as a near-term floor this month.