Can SUN Price Reach $0.01? Sun Crypto token Displays No Indications of Deceleration?
SUN crypto asset experiences a notable upswing as Justin Sun promises ongoing buybacks – prompting a new inquiry: can the upward momentum stay above $0.3 and aim for fresh cycle peaks?
The Sun Crypto token (SUN), governing token of TRON’s DeFi network SUN.io, rocketed on September 22, following founder Justin Sun announcing that earnings from a new perpetual exchange will fund the token’s buybacks.
All of https://t.co/FrvjQXTss6’s gains will be allocated for repurchasing and burning SUN tokens. Occasionally, tokenomics is quite straightforward — during other times, the focus should shift to the product: minimal trading fees, unparalleled trading experience and liquidity, and the…
— H.E. Justin Sun
(Astronaut Version) (@justinsuntron) September 21, 2025
SUN fluctuated between $0.034 and $0.035 in the last 24 hours, with trading volume approaching $950M and around $656M in market capitalization. The day’s range spanned from $0.0258 to $0.0412, reflecting an increase of over +22%.
This movement occurred after the update of SunPerp, a TRON-based perpetual DEX that advertised “the lowest trading fees currently available” and highlighted its revenue-for-buyback strategy.
A press release released on Monday stated: “The $SUN crypto token will receive additional price floor, with SunPerp’s income utilized to buy back $SUN to enhance its value and stability.”
This framework indicates that every dollar generated by the trading network will contribute to acquiring SUN in the open market, effectively linking coin demand to trading activity.
According to Justin Sun’s post on X, SunPerp plans to allocate 100% of network revenue to buybacks to decrease circulating supply and enhance value retention within the SUN.io ecosystem.
分析的深刻 https://t.co/2uTlzx3TxV
— H.E. Justin Sun
Can SUN Sustain Its Momentum Above $0.03 After the Liquidation Spike?
According to Coinglass statistics, SUN has confronted a significant wave of liquidations recently, impacting both long and short positions.
As the crypto token surged beyond $0.03, it experienced its most robust rally in several months, with liquidations exceeding $1.5M.
Even with diminished activity in earlier sessions, the price breakout caused various short squeezes and long liquidations.
As leveraged trades unwind, this movement underscores the rising volatility of SUN.
The $0.03 threshold will serve as a vital indicator for whether the coin can sustain momentum or retract recent advancements.
According to DeFiLlama, Sun’s total value locked (TVL) stands at $986.5M as of September 22.
This figure remains significantly lower than the $2.5Bn peak reached in 2021-2022, yet higher than the 2023 low of below $500M.
Despite reduced trading activity compared to past peaks, the TVL has maintained a consistent user base over the last year, hovering around the $1Bn mark with minimal fluctuations.
Sun continues to have a pivotal role in Decentralized finance, although its previous dominance has significantly diminished.
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SUN Price Forecast: What Implications Does the Surge in Trading Volume Have for SUN’s Price Moves?
The Sun (SUN USDT) digital currency has made a noteworthy rebound on the 4-hour chart following a period of underperformance that began in late August.
(Source: SUN USDT, TradingView)
After several weeks of trading below $0.02, the coin took off on September 18, breaking through crucial moving averages and attracting renewed interest from traders.
This upward movement propelled SUN past the 50- and 100-period exponential moving averages ($0.02448 and $0.02661), converting them into short-term base level.
Prices then climbed above $0.04 before stabilizing around $0.034 at the time of this writing. Trading volume surged to over $161M, a significant increase indicating fresh speculative activity.
The rally has brought increased volatility. Candlestick patterns reveal long wicks on both ends, signifying strong buying activity and quick profit-taking.
Immediate base level is situated close to $0.03, which buyers managed to defend during the latest pullback. If that support holds, bulls may aim for another attempt at $0.04.
However, the steep rise also calls for vigilance. The rejection above $0.04 suggests that profit-taking is already underway. A drop below $0.03 could result in SUN retreating to the $0.026-$0.028 zone, where the moving averages are concentrated.
At present, momentum appears to favor the bulls. The key question remains whether SUN can remain above $0.03 in the upcoming sessions, or if price swings will push the coin into another correction phase.
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The post Can SUN Price Hit $0.01? Sun Token Shows No Signs of Slowing Down? appeared first on 99Bitcoins.
