Traders Seek Safety in SushiSwap (SUSHI) as Crypto Market Loses $25bn
An early session slipover in the SushiSwap’s SUSHI market turned into a buying opportunity for traders that were seeking safety against a dwindling cryptocurrency market this Monday. The SUSHI/USD exchange rate climbed by more than 24 percent from its intraday low of $12.80. Traders spotted upside opportunities in the pair as its relative strength indicator […]
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The cost to purchase one SushiSwap governance token surged by more than 15 percent in the last 24 hours. Dubbed as SUSHI, the cryptocurrency established a weekly high near $2.74 on Monday following a dramatic move upside. So it appears, traders flocked into the SushiSwap market as SUSHI was trading near a level that previously […]
There is nothing delicious about SUSHI anymore. The SushiSwap decentralized exchange’s governance token continued on its downtrend as its price fell another 15 percent in the new week. As of 1130 UTC, SUSHI/USD was trading at $0.75, down 94 percent from its record high at $12.48, a level achieved on September 1, 2020. Trust Issues […]
SushiSwap’s governance cryptocurrency SUSHI fared better than Bitcoin ahead of the New York opening bell Tuesday. The decentralized finance token surged more than 15 percent during the European session, hitting an intraday high of 1.9471. Traders flocked into the SushiSwap market even as the protocol discovered a serious bug, a vulnerability that eventually led to […]
SushiSwap (SUSHI) has dropped 14% in the past 24 hours as Ethereum has slipped lower. The leading decentralized finance-focused cryptocurrency is the worst-performer in the top 100 cryptocurrencies by market capitalization. Despite the strong drop in the SUSHI price, the coin remains up over 25% in the past seven days. This 25% performance makes it […]
The price of SUSHI, the governance token of SushiSwap, has increased by 73% in the last four days, as fundamentals strengthen. SUSHI, the native token of SushiSwap, rallied by 73% in the past four days. However, some investors believe the DeFi token may still have a lot more room to run.SushiSwap is an automated market maker (AMM) that allows users to trade cryptocurrencies in a decentralized manner on the Ethereum blockchain.SUSHI/USDT 15-minute price chart (Binance). Source: TradingView.comWhy is SUSHI undervalued at $2 billion?The market cap of SUSHI achieved $2 billion as its price....