Sui Gains as Mysten Labs Advances Privacy Tech; Outperforms Bitcoin, Ether
Sui has outperformed Bitcoin and Ether, showing a 14% increase against the CoinDesk 20, which itself posted a 3.5% gain. This market activity is reportedly driven by anticipation surrounding a privacy whitepaper from Mysten Labs. The market is hopeful that the whitepaper could lead to the creation of a privacy token. The price movement suggests positive investor sentiment toward Sui and Mysten Labs' privacy initiatives.
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