SushiSwap Achieves Market Cap of $176.28 Million (SUSHI)

SushiSwap (SUSHI) traded 3.3% lower against the US dollar during the 24 hour period ending at 12:00 PM E.T. on November 1st. Over the last seven days, SushiSwap has traded 7.6% lower against the US dollar. One SushiSwap token can now be purchased for about $0.67 or 0.00000967 BTC on popular cryptocurrency exchanges. SushiSwap has a total market cap of $176.28 million and approximately $14.63 million worth of SushiSwap was traded on exchanges in the last day.

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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1% lower against the dollar and now trades at $70,034.57 or 1.00362293 BTC.
• SolvBTC (SOLVBTC) traded 1.3% lower against the dollar and now trades at $69,806.97 or 1.00036136 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

SushiSwap Profile

SushiSwap’s launch date was August 30th, 2020. SushiSwap’s total supply is 277,733,522 tokens and its circulating supply is 261,225,430 tokens. 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. SushiSwap’s official Twitter account is @sushiswap.

According to CryptoCompare, “SushiSwap is a community-driven DeFi platform offering a DEX, yield farming, liquidity provision, and staking options on the Ethereum blockchain. Created in 2020 by Chef Nomi, Sam Bankman-Fried, and 0xMaki, it operates with decentralized governance, empowering $SUSHI token holders. The $SUSHI token incentivizes liquidity providers and enables participation in governance decisions. Users can swap tokens by connecting their wallets, with a 0.30% fee per trade, split between liquidity providers and $SUSHI stakers.”

Buying and Selling SushiSwap

It is usually not presently possible to purchase alternative cryptocurrencies such as SushiSwap directly using US dollars. Investors seeking to acquire SushiSwap should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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