Cryptocurrency analyst Ali Martinez wrote in the chart he shared about half an hour ago that SUI Coin could be the next SOL. Crypto Tony updated his SOL Coin forecast and published key levels. Today we will cover 2 valuable analyses for investors looking for alternatives for the bull rally. And of course, a brief market summary.
Cryptocurrency Market Summary
The SEC fined Galois Capital $225,000. This is because it violated the Investment Advisers Act and could set a precedent for other companies. It is not safe for an investment company to hold client assets in a cryptocurrency exchange account. For example, the head of the exchange could sell assets that do not exist to its clients, causing the exchange to go bankrupt one day. For example, in the case of FTX, Galois did exactly that and was found guilty of causing losses to its investors.
Since the end of last year, Binance has been under constant monitoring by a third party for compliance with the rules. In addition, the former Binance CEO will be released on September 29.
Recently, Thorchain’s hard fork, which improved performance and security for cross-chain exchanges, and Flow’s “Crescendo” upgrade, which increased transaction efficiency, took place. EOS will also experience a major hard fork in the coming days.
Solana (SOL) and SUI Coin
Ali Martinez is the following SUI and SOL Coin by sharing the graph already SUI CoinHe hinted that ‘s preparing for a big rally. If he is right, the SOL Coin rally that started at $ 4 in 2021 could bring huge gains on the SUI Coin front, reminiscent of those days.
“SUI looks like Solana in 2021 before the bull run!”
Speaking of Solana, what’s going on on the SOL Coin front? Crypto Tony put SOL Coin on his agenda and reminded of his long position recommendation at $ 118. If the key area is maintained, a new peak above $ 400 can be seen by overcoming intermediate barriers such as $ 162 and $ 188.
Bitcoin 
$62,877 At the time of writing, the price is at $62,500, and altcoins are generally painted in the red. The failure of the BTC price to maintain above $63,000 is not good for the rest of the cryptocurrencies.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
