Pokémon Rumors Propel SUI Token to 63% Surge in Four Days
Speculation about a potential collaboration between the Pokémon franchise and the Sui blockchain has led to a significant price increase in Sui's native token, SUI. The token surged over 63% in four days, rising from $3.10 to $3.42, while Bitcoin increased by only 7% during the same period.
SUI and Pokémon Speculation
Key points driving SUI's rise include:
- A recent update to Pokémon HOME included Parasol Technologies as an approved developer, which is a subsidiary of Mysten Labs, the team behind Sui.
- Social media discussions have amplified connections between Pokémon and Sui, with crypto commentators highlighting the links.
- Rumors intensified after a now-deleted blog post from the Sui Foundation mentioned Pokémon-branded NFTs.
- Gaming Daily indicated that the Pokémon brand may be exploring Web3 opportunities through Parasol Technologies.
- The Pokémon trading card market is highly valuable, adding weight to the speculation despite past resistance to blockchain integrations from fans.
- No official confirmation has been issued by Nintendo, The Pokémon Company, or Mysten Labs regarding any blockchain initiatives related to Pokémon.
At press time, SUI was trading at $3.54.
