SushiSwap Price Hits $0.63 on Exchanges (SUSHI)

SushiSwap (SUSHI) traded up 5.1% against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on March 14th. In the last week, SushiSwap has traded down 11.5% against the U.S. dollar. One SushiSwap token can currently be bought for approximately $0.63 or 0.00000739 BTC on exchanges. SushiSwap has a total market cap of $167.08 million and approximately $47.92 million worth of SushiSwap was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Taiko (TAIKO) traded 0.5% lower against the dollar and now trades at $0.64 or 0.00000757 BTC.
• 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 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 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 up 4.5% against the dollar and now trades at $84,602.85 or 0.99927378 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.7% higher against the dollar and now trades at $83,649.24 or 0.98801045 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

SushiSwap Token Profile

SushiSwap’s launch date was August 28th, 2020. SushiSwap’s total supply is 280,686,715 tokens and its circulating supply is 267,036,317 tokens. The official website for SushiSwap is sushi.com. SushiSwap’s official Twitter account is @sushiswap. SushiSwap’s official message board is www.sushi.com/blog. 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 possible to buy alternative cryptocurrencies such as SushiSwap directly using US dollars. Investors seeking to acquire SushiSwap should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy SushiSwap using one of the exchanges listed above.

SUSHI/USD price chart by TradingView