TON, SUI, Pi Surge 5-7% Amid Market Volatility

The cryptocurrency market has shown signs of steady improvement, with several alternative tokens experiencing significant price increases. Among the top performers are TON, SUI, and Pi, which have recorded impressive growth over the past 24 hours. The value of Bitcoin (BTC) currently hovers around $87,000, contributing to the overall market performance driven by these altcoins.

The current state of the cryptocurrency market requires careful investment decisions. These digital assets appear to have reached their peak value for the time being, making it advisable to sell before major market adjustments occur. Investors should closely monitor market dynamics, as this current increase may be short-lived. Crypto enthusiasts are currently focusing on identifying altcoins to avoid in order to maximize their profits from recent gains.

Pi Network (PI) has seen a 5% price increase in the last 24 hours, positioning it among the strongest altcoins to sell. Despite this short-term rise, the overall market trend suggests further downward movements. Pi Network reached its highest point at nearly $3 one month ago but has since settled at $0.80, suffering a 20% deficit over the past week. The limited availability of Pi coins on major exchanges, including Binance, Coinbase, and Upbit, has hindered its price growth, making it a prime candidate for selling.

Toncoin (TON) has experienced a 7% price increase in the recent 24-hour period, ranking it among the leading performers. The cryptocurrency's strong performance is attributed to The Open Network blockchain securing over $400 million in funding. At the time of writing, the TON price was trading at $3.85, marking a significant surge. The price increase followed Pavel Durov's departure from France, leading to greater project acceleration. However, expert opinions suggest that Toncoin may experience a price correction, prompting speculators to assess whether it will join the group of lucrative altcoins to sell before reaching its peak value.

Sui (SUI) has broken out from a downward-sloping resistance trend line, indicating a major shift in directional trends. The current market price of SUI stands at $2.70, with a 5% rise in value. While the price has recently broken above a declining short-term resistance line, the unbroken long-term trend suggests that the major trend is still in play. SUI maintains strong momentum from its upward trajectory but may experience an upcoming correction. The market position of SUI is demonstrated by its $1.24 billion total value locked amount. Investors should evaluate market conditions before making investment decisions.

As the market stabilizes, it is crucial to consider which altcoins to sell. Selling these high-gaining altcoins now could help maximize profits before a possible downturn. Investors should carefully assess the market dynamics and make informed decisions to avoid potential losses.