OKX unveils Sui Learn & Earn program, featuring exclusive $SUI rewards

Crypto exchange OKX has introduced its Sui Learn and Earn program, which will run from 18 July to 18 August.

Traders, trailblazers, lock in👇

Join the $SUI Learn & Earn Airdrop to share an exclusive 62,000 $SUI prize pool.

Simply:
◻️ Take the #SUI quiz on #OKXEarn
◻️ Stake at least 10 $SUI for 7 days

Details: https://t.co/vZdiXPeyuU pic.twitter.com/r5EokjuqYa

— OKX (@okx) July 19, 2024

The one-month campaign will educate individuals about Web3 and the Sui blockchain while rewarding eligible participants.

According to the press release, the unveiled Sui Learn & Earn and Airdrop campaigns allow users to claim a share in a 162,000 SUI prize pool.

The Campaign’s eligibility

Sui enthusiasts can join the initiative using the OKX app. Participants will complete various tasks to claim the rewards, including;

• Learning about the Sui network by reading five brief introductions about the crypto.
• Answering five questions related to the introduction.
• Staking a minimum of 10 $SUI tokens on ‘On-chain Earn.’
• Holding SUI for a week and ensuring a minimum net increase of 10 $SUI for seven consecutive days.

Notably, the Sui Airdrop initiative coincides with the Learn and Earn program, allowing qualified participants to enjoy exclusive giveaways.

Sui Network is a layer1 platform that allows developers and creators to build what will attract the masses to Web3 technology.

Its scalability, speed, and friendly fees make Sui ideal for dApp developments.

OKX Learn & Earn will help users understand Sui’s general-purpose network with instant settlements, high throughput, user-centric web3 experiences, and lucrative on-chain assets.

Current SUI price outlook

Sui Network’s native coin traded at $0.8142 during this publication, displaying weakness as bears hold Bitcoin below $64K.

SUI lost approximately 4% of its value in the past day as it mimicked broad market sentiments.

SUI 1D Chart on Coinmarketcap

However, ecosystem developments suggest impressive price actions in the upcoming sessions.

Exclusive giveaways alongside the Learn and Earn initiative will likely increase activity on the Sui blockchain in the next 30 days.

Sui’s impressive outlook matches optimism in the marketplace, with many analysts forecasting an imminent alt season.

Crypto expert Michael van de Poppe commented on the altcoin market cap trends. He expects massive take-offs from altcoin in the coming months.

The #Altcoin market capitalization is going in line with the previous cycles.

Long bear market, double retest, and then the big take-off upwards.

Given that we’re having seasonality, it seems apparent that the second half of 2024 is going to provide the exact same outcome. pic.twitter.com/oqR7PNDq97

— Michaël van de Poppe (@CryptoMichNL) July 18, 2024

Moreover, improving US economy will likely keep cryptocurrencies afloat in the upcoming times.

Bullish markets and increased user activity on Sui will bolster $SUI’s anticipated recovery.

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