SushiSwap (SUSHI) Market Capitalization Reaches $138.60 Million

SushiSwap (SUSHI) traded up 7.3% against the US dollar during the 1-day period ending at 0:00 AM Eastern on August 5th. During the last seven days, SushiSwap has traded 24.7% lower against the US dollar. SushiSwap has a market capitalization of $138.60 million and approximately $43.75 million worth of SushiSwap was traded on exchanges in the last day. One SushiSwap token can currently be bought for $0.53 or 0.00000953 BTC on major exchanges.

Here’s how other cryptocurrencies have performed during 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded up 0.2% against the dollar and now trades at $0.0119 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 18.6% lower against the dollar and now trades at $0.0627 or 0.00000114 BTC.

SushiSwap Token Profile

SushiSwap was first traded on August 30th, 2020. SushiSwap’s total supply is 277,733,522 tokens and its circulating supply is 261,175,324 tokens. The Reddit community for SushiSwap is https://reddit.com/r/sushiswap and the currency’s Github account can be viewed here. The official website for SushiSwap 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.”

SushiSwap Token Trading

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy SushiSwap using one of the aforementioned exchanges.

SUSHI/USD price chart by TradingView