SushiSwap Market Capitalization Achieves $153.03 Million (SUSHI)

SushiSwap (SUSHI) traded 3.1% higher against the US dollar during the 1-day period ending at 7:00 AM Eastern on April 19th. Over the last seven days, SushiSwap has traded 0.6% higher against the US dollar. SushiSwap has a total market capitalization of $153.03 million and $35.80 million worth of SushiSwap was traded on exchanges in the last day. One SushiSwap token can now be purchased for approximately $0.57 or 0.00000669 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.8% against the dollar and now trades at $85,098.28 or 0.99919189 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1% higher against the dollar and now trades at $84,806.35 or 0.99576417 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

SushiSwap Token Profile

SushiSwap’s launch date was August 28th, 2020. SushiSwap’s total supply is 282,434,964 tokens and its circulating supply is 268,626,947 tokens. The Reddit community for SushiSwap is https://reddit.com/r/sushiswap and the currency’s Github account can be viewed here. The official message board for SushiSwap is www.sushi.com/blog. SushiSwap’s official Twitter account is @sushiswap. SushiSwap’s official website is sushi.com.

According to CryptoCompare, “SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.”

Buying and Selling SushiSwap

It is usually not possible to purchase alternative cryptocurrencies such as SushiSwap directly using US dollars. Investors seeking to trade SushiSwap should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase SushiSwap using one of the aforementioned exchanges.

SUSHI/USD price chart by TradingView