Analyst: SushiSwap Token Price to Hit $9.00 Eventually as Strength Grows

Analyst: SushiSwap Token Price to Hit $9.00 Eventually as Strength Grows

Sushiswap’s governance token, called Sushi, has posted some massive gains as of late, benefiting from the inflows of capital into the DeFi market and regaining its hype and momentum following a partnership with Naturally, the clout and hype surrounding the Yearn ecosystem drew massive amounts of capital towards the Sushi token, with investors sending […]

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Trolled DeFi Token SushiSwap Posts 200% Revenge Rebound; What’s Ahead?

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SushiSwap (SUSHI) Jumps 15% on Liquidity Mining Data; What’s Next

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The effect: Why SushiSwap (SUSHI) rallied 75% in 1 week

Improving fundamentals and a major merger with may help SushiSwap reassert itself as one of the dominant DeFi platforms. The price of SUSHI, the native token of SushiSwap decentralized exchange, has rallied 38% in the past 10 days. At its monthly peak, the governance token had achieved a 75% price increase but the recent 10% pullback in Bitcoin price has weighted on SUSHI's price action. One of the primary factors underpinning SUSHI's bullish price action was a strong relief rally in the decentralized finance sector following an extended correction that dominated the month of....