Despite the concerns, the SUI token staged an over 120% rally in the past month.
The recent triple-digit rally of the Sui token has sparked allegations of insider selling among cryptocurrency investors, despite its impressive price gains.
Sui (SUI) rose over 120% during the past month to trade at $2.25 as of 10:13 am UTC on Oct. 14. The token is up over 16% in the past week, according to Cointelegraph data.
SUI/USD, 1-month chart. Source: Cointelegraph
