Sun Token Price Prediction 2023, 2025 and 2030: Can SUN Reach $1?
The latest Price of Sun Token (SUN) is:
Sun Token Past Performance, July 7th
- Last 7 days: -0.3%
- Last 1 month: -5.9%
- Last 6 months: +11.2%
- Last 1 year: -9.1%
Sun Token Price Prediction: Latest News
- SUN.IO has recently released a Buyback&Burn Report. As of July 6th, they have burned a total of 179,046,688.77 $SUN tokens, which is equivalent to $1,012,951. In the next round, they plan to burn an additional 4,243,580.81 $SUN tokens, worth $24,007.
- The weekly weights of Liquidity Pools on SUN.IO’s Governance Mining have been updated. The top three LPs in terms of weights are as follows:
- 2Pool LP (Flexible) – It holds a weight of 27.91% in the governance mining program.
- USDD Pool LP (Flexible) – This LP has a weight of 12.84%.
- TRX-USDT LP V2 (Flexible) – It holds a weight of 12.23%.
- SunSwap V3 on SUN.IO introduces concentrated liquidity, allowing users to customize token pairs, fee tiers, and price ranges. Trading fees collected within the chosen range are distributed proportionately based on contributed liquidity, enabling users to maximize their gains.
Sun Token Price Prediction: Technical Analysis, July 7th
- The Relative Strength Index value is 47.403900, indicating a neutral sentiment.
- Commodity Channel Index value is -46.006572, suggesting a neutral outlook.
- The MACD Level value is -0.000013, indicating a sell signal.
- The Williams Percent Range value is -74.112735, indicating a neutral sentiment.
- The Stochastic RSI Fast value is 20.490858, suggesting a neutral position.
- The moving averages indicates a sell signal.
Overall the technical analysis for Sun Token suggests Strong Sell signal.
Sun Token Price Prediction: Is Sun Token a Good Investment?
Sun Token has proven that occasionally it can be a pretty good investment. Keeping the technology aside, it is one of the finer blockchain initiatives with a huge potential to reach the top.
According to the data from TechNewsLeader, Sun Token is a digital currency that is going to perform really well in the long run. Most platforms and cryptocurrency prediction sites think that Sun Token will reach about $0.072 by the time we reach 2025. Apart from that, in the next ten years, the worth of SUN is predicted to increase to about $0.46.
Sun Token Price Prediction Today
|Overall Outlook||Partially Bullish|
|1. Market's Wisdom||Partially Bullish|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Buy|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||Steady|
Sun Token Price Prediction 2023, 2025 and 2030
Sun Token Price Prediction 2023
As per the price prediction, the SUN token is expected to reach maximum and minimum price levels of $0.012 and $0.007 respectively by the end of the year 2023.
Sun Token Price Prediction 2025
Sun token’s expected maximum price by the end of 2025 is $0.0213. furthermore, it can be expected to reach a minimum price of $0.0172, as per the price prediction for 2025.
Sun Token Price Prediction 2030
Sun token’s price prediction for 2030 says that SUN can reach a maximum price of $0.096 and a minimum price of $0.079.
Can SUN Reach $1?
SUN token is currently priced at $0.0059. thus, it needs to grow by nearly 169 times to reach $1.
Note that Sun’s all-time high price is $0.04 which it achieved in November 2021. Also, it grew by almost 1.67 times in just two months (i.e., from the lowest value of $0.024 in September 2021). Thus, it grew by 0.83 times in one month.
Therefore, Sun token requires a minimum of 203 months (slightly less than 17 years) to reach a price level of 1 dollar.
Hence, we cannot expect the SUN token to reach $1 in near future.
Also Read: Dent Price Prediction
Can SUN Reach $10?
To reach $10, the Sun token needs to grow by 1,694 times, considering its current market price of $0.0059.
Considering its growth of 0.83 times in one month, we can say that the SUN token needs at least 2,040 months (around 170 years) to reach a price level of $10.
Thus, waiting for 170 years is not at all practical in the first place. Secondly, it might take more time depending on the market conditions of economic factors.
Therefore, we cannot expect the SUN token to reach $10.
Sun Token Tokenomics And Use Cases: What Is Sun Token Used For?
Sun tokens have a total supply of 19,900,730,000 tokens, out of which 9,046,157,472 SUN tokens are already in circulation.
The following two are the primary use cases of SUN tokens:
- SUN token holders can participate in the governance of the platform through voting mechanisms.
- Users can stake their SUN tokens to earn rewards in return.
- By locking SUN tokens, users can boost their mining speed.
- SUN tokens can be used for yield farming to earn high rewards in return.
Sun Token Price Prediction: How can you buy SUN?
Sun Token is a popular cryptocurrency that is slowly rising in ranks. However, there is still a long way before it can be considered in the top spots. In order to do that, Sun Token has to sell more coins. For people who want to buy Sun Token, there is a process that they have to follow. The steps are mentioned below.
Select a reliable and trustworthy cryptocurrency exchange that provides options for buying or selling Sun Token coins.
- Create your account with the Exchange.
- You have to provide verification for your identity.
- Next, you have to fund the wallet with digital money.
- Now you are all set to buy SUN tokens.
Where can you purchase SUN?
Mentioned below are some exchanges that are offering the chance to buy Sun Token or SUN.
Huobi Global, Gate.io, KuCoin, Binance
Sun Token Price Prediction: What is Sun Token?
SUN.io was created in order to endorse the expansion of TRON’s Defi ecosystem. Due to the crypto community as well as the open-source smart contracts, SUN.io has confirmed ties with several other DeFi projects on the TRON public chain through decentralized liquidity mining. Liquidity mining can be described as crypto users lending assets to a particular decentralized exchange (DEX) to get rewarded in exchange.
Utilizing different transaction protocols, SUN.io has the goal of creating a joint DEX ecosystem that better security, functionality, and gains. The token also provides several incentives for users, such as the transaction fees being rewarded to liquidity market creators, staking rewards of the SUN coin, and liquidity mining of the LP tokens.
The price of Sun (New) has fallen by 12.46% in the past 7 days. The price amplified by 2.02% in the last 24 hours. However, in the past hour, the price shrunk by 0.38%. The current price is $0.012214 per SUN. Sun (New) is 75.57% below the all-time high of $0.05. The current circulating supply is 10,514,908,025 SUN.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.