SushiSwap Price Hits $0.63 on Exchanges (SUSHI)

SushiSwap (SUSHI) traded up 5.1% against the dollar during the 24-hour period ending at 12:00 PM ET on March 14th. One SushiSwap token can now be bought for approximately $0.63 or 0.00000739 BTC on major exchanges. Over the last week, SushiSwap has traded 11.5% lower against the dollar. SushiSwap has a market capitalization of $167.08 million and $47.92 million worth of SushiSwap was traded on exchanges in the last day.

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

• Taiko (TAIKO) traded down 0.5% against the dollar and now trades at $0.64 or 0.00000757 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 4.5% higher against the dollar and now trades at $84,602.85 or 0.99927378 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.7% against the dollar and now trades at $83,649.24 or 0.98801045 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

SushiSwap Profile

SushiSwap was first traded on August 28th, 2020. SushiSwap’s total supply is 280,686,715 tokens and its circulating supply is 267,036,317 tokens. The official message board for SushiSwap is www.sushi.com/blog. SushiSwap’s official Twitter account is @sushiswap. The official website for SushiSwap 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.”

Buying and Selling SushiSwap

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

SUSHI/USD price chart by TradingView