Emerging Crypto News & Alpha

📉 SUI Sits at $0.805 as Bitcoin Breaks $69K and Fear Hits 20: SUI trades at $0.805, up 0.3% in 24 hours on $378M of volume, with a $3.33B market cap and rank 28. It is down 7.0% on the week and 20.5% over 30 days, leaving it 84.9% below the January 2025 all-time high of $5.35. Bitcoin slipped under $69K on Nov. 13 with roughly $1.6B in liquidations across the market and the Fear & Greed index pinned at 20, Extreme Fear. Volume is the tell here: $378M traded against a $3.33B cap is real participation, not apathy. Watch $0.78 as the level that has held all week, and $0.85 as the first close that would break the lower-highs pattern

🚪 Suiet Becomes the Latest Exit as Users Fall 79% Year Over Year: Suiet, one of Sui's best known self-custodial wallets, is shutting down with API services ending after Nov. 14 and its Chrome extension discontinued. It follows Suiball's closure on Nov. 10, Phantom's withdrawal of Sui support on Sept. 24, and Full Sail's shutdown after a security incident. The underlying numbers are the real story: average daily active users fell to about 128,000 in October from 601,000 in November 2025, a 79% drop, while DeFi TVL is down more than 22% in a month to roughly $413M. Sui still processed 324 million transactions in October, up from 101 million a year earlier, so activity is up while users and capital are down. If you have a Suiet seed phrase, move it before the 14th

💵 Sui Stablecoin Supply Hits a Record $537.7M While the Rest of the Market Drains: Stablecoin supply on Sui reached $537.74M on Nov. 13, up 10.33% over 30 days, in the same window that dollar-pegged supply across all networks fell 5.34%. USDC is $368.42M of the total, or 68.5%, with Sui's native USDsui at about $72M after peaking at $80.1M in mid-October. Gasless stablecoin transfers, live since May, are doing the heavy lifting, and the Sui Foundation routes yield from those reserves into SUI buybacks. The catch is concentration: with two thirds of supply in one issuer, the headline number moves with Circle's balances, and USDsui is not yet big enough to offset a USDC exit

📉 DEX Volume Is Down 56% in a Month and DeepBook's Book Is $11.9M: DEX volume on Sui ran $19.4M in the last 24 hours against $133.6M over seven days and $742M over 30 days, which is 11.6% lower day over day and 56.4% lower month over month. Chain TVL reads $401.6M on DefiLlama. Lending is shrinking unevenly: Suilend holds $129.2M, down 7.8% on the week, NAVI $107.9M, down 14.3%, Haedal $29.2M, down 8.1%, Cetus $24.0M. Protocol fees are one bright spot at $3.15M over 30 days, up 2.4%. DEEP trades at $0.0140 for a $35.1M cap, up 4% on the day but down 42.7% on the month, and WAL at $0.0268 for $71.5M, down 55.2% over 30 days

🔍 PEEKA Is Down 67% on the Week and Has $2 of Daily Volume: Peeka World (PEEKA) now trades at about $0.0000018 for a market cap of $1,808, down 8% in 24 hours, 67% on the week and more than 99% on the month, with 180 holders, $2.11 of daily volume and a single Cetus PEEKA/SUI pool holding $1,884 of liquidity. One $1,000 buy would move the price 51%. The project still posts on X and runs meme contests, but the token has no market left to speak of, so treat any of it as lottery-ticket territory. Sui Lords was checked again and still has no verified product or token update this cycle, only its existing NFT and Luchador generator links