InSure DeFi (SURE) witnessed a significant surge, reflecting a notable price increase of 97.28% over the past 24 hours. Its current value is $0.006289. This upward trend extends over the past week, with its value increasing by 24.18%. The 24-hour trading volume stands at an impressive $369,971.52, confirming increased investor interest and market activity.
SURE Volatility: 3933.4% rise from bottom
The circulating supply of SURE currently stands at 26,482,163,217 out of a total and maximum supply of 88,000,000,000 tokens. Furthermore, its market capitalization is $166,550,258, while the fully diluted valuation is $553,445,072. In the past seven days, SURE has fluctuated between $0.002949 and $0.006303, indicating significant volatility and trading opportunities.
Despite the recent highs, SURE is still 94.5% below its all-time high of $0.114 recorded on January 6, 2021. However, compared to its all-time low of $0.0001561 on June 28, 2021, the token has seen Featured a staggering figure of US$3,933.4. % He increases. This indicates a strong recovery and growing confidence among investors.
SURE/WETH pair leads with trading volume rising by 17,353.50%
The most active trading pair is SURE/WETH on Uniswap V3 (Polygon), with a 24-hour trading volume of $364,727. This represents a significant increase of 17,353.50%, indicating strong interest in the market. In terms of the broader cryptocurrency market, specifically the Polygon ecosystem, SURE outperformed with an increase of 24.30% compared to the global market increase of 17.90%.
Bitcoin Impact: 40% annual increase
Bitcoin (BTC) remains an important indicator for the market, as it recently peaked at $63,968 and is currently priced at $62,535. Year-to-date performance is over 40% higher, driven by factors such as US ETF inflows and anticipation surrounding the upcoming Bitcoin halving.
Interestingly, the supply dynamics of Bitcoin reveal that 80% of the total supply has remained constant over the past six months. With the halving event, daily new coins will be halved from 900 to 450, which could tighten supply and raise prices.
Market sentiment and the role of Ethereum
Market sentiment is increasingly optimistic, with the potential for high FOMO (fear of missing out). However, there are also warning signs about possible sharp corrections due to high market leverage. Ethereum (ETH) price, which is following a similar bullish pattern, saw an 86.8% increase in its price against SURE in the past 24 hours.
SURE's Growth Amid Cryptocurrency Trends
InSure DeFi's impressive performance, especially in the context of broader market dynamics, underscores its growing importance and investor interest. As the cryptocurrency landscape evolves, factors such as market sentiment, supply dynamics, and macroeconomic indicators will play crucial roles in shaping future trends. For SURE, maintaining momentum amid market volatility and leveraging developments within DeFi and the broader crypto ecosystems will be key to sustainable growth and investor confidence.
