SushiSwap Reaches 24-Hour Trading Volume of $26.25 Million (SUSHI)

SushiSwap (SUSHI) traded up 2.1% against the US dollar during the 24 hour period ending at 11:00 AM E.T. on March 22nd. SushiSwap has a market cap of $180.36 million and $26.25 million worth of SushiSwap was traded on exchanges in the last 24 hours. One SushiSwap token can currently be bought for $0.67 or 0.00000801 BTC on popular exchanges. In the last week, SushiSwap has traded up 5.7% against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• 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 down 2.2% 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 0.2% higher against the dollar and now trades at $83,902.59 or 0.99850631 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.1% against the dollar and now trades at $83,384.90 or 0.99234542 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 genesis date was August 28th, 2020. SushiSwap’s total supply is 281,678,118 tokens and its circulating supply is 267,938,152 tokens. SushiSwap’s official message board is www.sushi.com/blog. SushiSwap’s official Twitter account is @sushiswap. The Reddit community for SushiSwap is https://reddit.com/r/sushiswap and the currency’s Github account can be viewed here. 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 currently possible to purchase alternative cryptocurrencies such as SushiSwap directly using U.S. dollars. Investors seeking to trade SushiSwap should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. 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