{"id":76817,"date":"2026-02-03T12:38:08","date_gmt":"2026-02-03T12:38:08","guid":{"rendered":"https:\/\/coinjournal.net\/?p=360355"},"modified":"2026-02-03T12:38:08","modified_gmt":"2026-02-03T12:38:08","slug":"sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/","title":{"rendered":"SUI slides amid crypto selloff as HashKey Exchange confirms new listing"},"content":{"rendered":"\n<ul>\n<li>SUI slid below $1.10 amid a broad crypto selloff, tracking weakness in bitcoin and major altcoins.<\/li>\n<li>Hong Kong&#8217;s HashKey Exchange will list SUI\/USD for professional investors from Feb. 4.<\/li>\n<li>A potential bullish reversal could see Sui price target $1.20-$1.34.<\/li>\n<\/ul>\n<p data-start=\"0\" data-end=\"191\">HashKey Exchange, Hong Kong&#8217;s largest licensed cryptocurrency platform, is set to list Sui, a development that comes as the token struggles amid a sharp downturn across digital asset markets.<\/p>\n<p data-start=\"193\" data-end=\"580\">Sui&#8217;s native token, SUI, has come under heavy selling pressure in recent sessions, sliding below $1.10 as the broader crypto market sold off aggressively.<\/p>\n<p data-start=\"193\" data-end=\"580\">The decline coincided with Bitcoin trading around the $78,000 level, triggering losses across major and mid-cap tokens.<\/p>\n<p data-start=\"193\" data-end=\"580\">SUI, now ranked outside the top 20 cryptocurrencies by market value, was trading around $1.13 as of Feb. 3, 2026.<\/p>\n<h2>Why did SUI plummet?<\/h2>\n<p data-start=\"616\" data-end=\"883\">SUI&#8217;s pullback has largely tracked the wider risk-off move in crypto markets.<\/p>\n<p data-start=\"616\" data-end=\"883\">The token is down about 12% over the past week, reflecting volatility seen across high-beta digital assets.<\/p>\n<p data-start=\"616\" data-end=\"883\">Solana, for example, dropped to a <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/solana-price-falls-to-10-month-low-amid-etf-outflows\/\">10-month low<\/a> below $100 during the same period.<\/p>\n<p data-start=\"885\" data-end=\"1222\">The selloff has been driven by a combination of macroeconomic uncertainty and profit-taking following earlier rallies.<\/p>\n<p data-start=\"885\" data-end=\"1222\">These pressures persisted despite US President Donald Trump nominating crypto-friendly Kevin Warsh as his pick for the next Federal Reserve chair, a move that had initially been viewed as supportive for digital assets.<\/p>\n<p data-start=\"885\" data-end=\"1222\">However, with SUI hovering around $1.13 as of February 3, 2026, bulls are likely to get a major boost from news of a fresh listing on Hong Kong&#8217;s largest crypto platform HashKey Exchange.<\/p>\n<h2 data-start=\"1224\" data-end=\"1267\">HashKey Exchange to add SUI\/USD trading<\/h2>\n<p data-start=\"1269\" data-end=\"1451\">Sentiment around SUI may find near-term support from a new exchange listing.<\/p>\n<p data-start=\"1269\" data-end=\"1451\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">HashKey Exchange<\/span><\/span> announced on Feb. 3 that it will list the SUI\/USD trading pair.<\/p>\n<p data-start=\"1453\" data-end=\"1678\">According to the exchange, over-the-counter trading in SUI\/USD will open at 16:00 Hong Kong time on Feb. 4, 2026.<\/p>\n<p data-start=\"1453\" data-end=\"1678\">Deposits and withdrawals for SUI are already live, allowing qualified participants to prepare ahead of trading.<\/p>\n<p data-start=\"1680\" data-end=\"1989\">Access to the product will be limited to professional investors, in line with Hong Kong&#8217;s regulatory framework.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128227; New Listing: SUI is coming to HashKey Exchange! <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SuiNetwork?ref_src=twsrc%5Etfw\">@SuiNetwork<\/a><\/p>\n<p>&#9989; Deposits &amp; Withdrawals: Open<br \/>&#9989; Trading Pair (Spot) : SUI\/USD<br \/>&#9989; Listing Time: 16:00 (UTC +8), Feb 4<\/p>\n<p>&#128100; Available to: Professional Investors<\/p>\n<p>&#127919; First 1000 to complete these tasks share 20 HKD! (1000*20) <br \/>&#9989;&hellip; <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/t.co\/cWF7ubxrks\">pic.twitter.com\/cWF7ubxrks<\/a><\/p>\n<p>&mdash; HashKey Exchange (@HashKeyExchange) <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/HashKeyExchange\/status\/2018595356918141285?ref_src=twsrc%5Etfw\">February 3, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p data-start=\"1680\" data-end=\"1989\">HashKey Exchange operates under the city&#8217;s Virtual Asset Service Provider regime and has positioned itself as a compliant venue focused on security and institutional-grade access to digital assets.<\/p>\n<p data-start=\"1991\" data-end=\"2176\">The listing is expected to improve regional liquidity for SUI, particularly as interest grows in high-throughput Layer-1 blockchains used in decentralised finance and Web3 applications.<\/p>\n<h2>Sui price prediction<\/h2>\n<p data-start=\"2223\" data-end=\"2514\">Historically, listings on major Asian exchanges have often led to spikes in trading activity for altcoins, driven by institutional and regional participation.<\/p>\n<p data-start=\"2223\" data-end=\"2514\">While HashKey&#8217;s OTC focus narrows the immediate investor base, broader market stabilisation could amplify the impact of the listing.<\/p>\n<p data-start=\"2516\" data-end=\"2780\">From a technical perspective, SUI appears oversold following the recent decline.<\/p>\n<p data-start=\"2516\" data-end=\"2780\">The relative strength index has moved deep into oversold territory, suggesting the potential for a short-term rebound.<\/p>\n<p data-start=\"2516\" data-end=\"2780\">A recovery would likely see $1.12 acting as a key support level.<\/p>\n<figure id=\"attachment_360356\" aria-describedby=\"caption-attachment-360356\" class=\"wp-caption alignnone\"><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-360356\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/SUIUSD_2026-02-03_14-42-35.png\" alt=\"SUI Price Chart\" width=\"972\" height=\"2038\"><figcaption id=\"caption-attachment-360356\" class=\"wp-caption-text\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/SUIUSD\/\">Sui price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p data-start=\"2782\" data-end=\"2991\">Near-term resistance is seen in the $1.20 to $1.34 range, with the upper end marking a previous area of demand.<\/p>\n<p data-start=\"2782\" data-end=\"2991\">However, momentum indicators such as the MACD remain bearish, pointing to ongoing downside risks.<\/p>\n<p data-start=\"2993\" data-end=\"3244\" data-is-last-node=\"\" data-is-only-node=\"\">If buying interest fails to build, SUI could face renewed pressure below the $1.00 level.<\/p>\n<p data-start=\"2993\" data-end=\"3244\" data-is-last-node=\"\" data-is-only-node=\"\">As with the broader crypto market, the token&#8217;s direction is likely to remain closely tied to shifts in risk sentiment and bitcoin price action in the days ahead.<\/p>\n<p>&nbsp;<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/\">SUI slides amid crypto selloff as HashKey Exchange confirms new listing<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>SUI slid below $1.10 amid a broad crypto selloff, tracking weakness in bitcoin and major altcoins. Hong Kong&#8217;s HashKey Exchange will list SUI\/USD for professional investors from Feb. 4. A potential bullish reversal could see Sui price target $1.20-$1.34. HashKey Exchange, Hong Kong&#8217;s largest licensed cryptocurrency platform, is set to list Sui, a development that [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/\">SUI slides amid crypto selloff as HashKey Exchange confirms new listing<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":76818,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-76817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SUI slides amid crypto selloff as HashKey Exchange confirms new listing - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SUI slides amid crypto selloff as HashKey Exchange confirms new listing - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"SUI slid below $1.10 amid a broad crypto selloff, tracking weakness in bitcoin and major altcoins. Hong Kong&#8217;s HashKey Exchange will list SUI\/USD for professional investors from Feb. 4. A potential bullish reversal could see Sui price target $1.20-$1.34. 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Hong Kong&#8217;s HashKey Exchange will list SUI\/USD for professional investors from Feb. 4. A potential bullish reversal could see Sui price target $1.20-$1.34. HashKey Exchange, Hong Kong&#8217;s largest licensed cryptocurrency platform, is set to list Sui, a development that [&#8230;] The post SUI slides amid crypto selloff as HashKey Exchange confirms new listing appeared first on CoinJournal.","og_url":"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/","og_site_name":"CoinAlSat.com","article_publisher":"https:\/\/www.facebook.com\/coinalsat1","article_published_time":"2026-02-03T12:38:08+00:00","author":"Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/#article","isPartOf":{"@id":"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/"},"author":{"name":"Author","@id":"https:\/\/coinalsat.com\/#\/schema\/person\/6fa35040f9ef4ae108188eaeb3ef441b"},"headline":"SUI slides amid crypto selloff as HashKey Exchange confirms new listing","datePublished":"2026-02-03T12:38:08+00:00","mainEntityOfPage":{"@id":"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/"},"wordCount":626,"commentCount":0,"publisher":{"@id":"https:\/\/coinalsat.com\/#organization"},"image":{"@id":"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/#primaryimage"},"thumbnailUrl":"https:\/\/coinalsat.com\/wp-content\/uploads\/2026\/02\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing.png","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/","url":"https:\/\/coinalsat.com\/en\/sui-slides-amid-crypto-selloff-as-hashkey-exchange-confirms-new-listing\/","name":"SUI slides amid crypto selloff as HashKey Exchange confirms new listing - 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