SushiSwap Reaches Market Capitalization of $171.95 Million (SUSHI)
by Sarita Garza · The Markets DailySushiSwap (SUSHI) traded down 3.1% against the US dollar during the twenty-four hour period ending at 13:00 PM E.T. on November 2nd. One SushiSwap token can now be bought for approximately $0.66 or 0.00000948 BTC on cryptocurrency exchanges. SushiSwap has a market capitalization of $171.95 million and approximately $3.15 million worth of SushiSwap was traded on exchanges in the last 24 hours. Over the last week, SushiSwap has traded down 3% against the US dollar.
Here’s how related cryptocurrencies have performed over the last 24 hours:
- 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 2.2% lower 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.
- 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 (SOLVBTC) traded 0.8% lower against the dollar and now trades at $69,469.09 or 1.00017208 BTC.
- SolvBTC.BBN (SOLVBTC.BB) traded 1.2% lower against the dollar and now trades at $69,364.66 or 0.99866861 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
SushiSwap Token Profile
SushiSwap’s genesis date was August 30th, 2020. SushiSwap’s total supply is 277,733,522 tokens and its circulating supply is 261,225,441 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 Twitter account is @sushiswap. The official website for SushiSwap is sushi.com.
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 currently possible to purchase alternative cryptocurrencies such as SushiSwap directly using U.S. dollars. Investors seeking to acquire SushiSwap should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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