SushiSwap Market Capitalization Reaches $148.29 Million (SUSHI)

SushiSwap (SUSHI) traded down 8.4% against the US dollar during the 24-hour period ending at 12:00 PM E.T. on April 3rd. SushiSwap has a total market cap of $148.29 million and $1.30 million worth of SushiSwap was traded on exchanges in the last day. Over the last week, SushiSwap has traded down 18.9% against the US dollar. One SushiSwap token can currently be bought for about $0.55 or 0.00000674 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 down 5.4% against the dollar and now trades at $82,005.27 or 0.99873703 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 4.2% against the dollar and now trades at $81,456.15 or 0.99204933 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 281,678,118 tokens and its circulating supply is 267,938,883 tokens. 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. The Reddit community for SushiSwap is https://reddit.com/r/sushiswap and the currency’s Github account can be viewed here.

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.”

SushiSwap Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as SushiSwap directly using U.S. dollars. Investors seeking to acquire SushiSwap should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase SushiSwap using one of the exchanges listed above.

SUSHI/USD price chart by TradingView