Why SushiSwap (SUSHI) Is Surging 10% Higher Today
SushiSwap‘s native SUSHI token has surged higher over the past few days and weeks. As of this article’s writing, the cryptocurrency is up 10% in the past 24 hours, pushing to $4.50. SUSHI’s rally comes as Ethereum has been relatively flat on a day that Bitcoin pushed to $42,000. The Ethereum-based altcoin appears to be […]
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SushiSwap’s native token SUSHI is surging higher after a correction in the price of Ethereum, which reflected poorly on DeFi. SUSHI is currently up by 20% in the past 24 hours alone, making it the best-performing Ethereum-based large-cap digital asset. It is also the best-performing cryptocurrency in the top 100 by market capitalization. SUSHI is […]
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 […]
SushiSwap’s native token SUSHI lost its higher bids entering the new weekly session Monday as its price fell 4.47 percent. As of 1236 GMT, the SUSHI/USD exchange rate was $2.2813, having bounced off its intraday low of $2.2661 in the late Asian trading session. In doing so, the pair maintained the last week’s support offered […]
SUSHI price reached its best level in four months while its top rivals Uniswap, THORChain, and PancakeSwap also saw gains. SushiSwap (SUSHI) prices crept higher on Sept. 16 following another day of gains for decentralized exchange (DEX) tokens.The SUSHI/USD exchange rate rose by 7.54%, or $1.14, to reach $16.31 for the first time since May 21. The pair's upside move pushed its 24-hour adjusted timeframe profits up to 23%, making SUSHI the best-performing DEX token in the given period.For instance, UNI, the token representing the leading DEX Uniswap by market cap, jumped 6.23% against the....
Improving fundamentals and a major merger with Yearn.finance 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....