SushiSwap One Day Volume Reaches $10.08 Million (SUSHI)

SushiSwap (SUSHI) traded up 0.6% against the dollar during the 24-hour period ending at 10:00 AM E.T. on December 27th. One SushiSwap token can currently be bought for $0.28 or 0.00000324 BTC on popular cryptocurrency exchanges. SushiSwap has a market cap of $81.27 million and approximately $10.08 million worth of SushiSwap was traded on exchanges in the last day. Over the last seven days, SushiSwap has traded down 3.9% against the dollar.

Here’s how similar cryptocurrencies have performed over 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.7% higher against the dollar and now trades at $87,408.07 or 0.99879775 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.2% lower against the dollar and now trades at $87,253.30 or 0.99680859 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 launched on August 28th, 2020. SushiSwap’s total supply is 287,676,365 tokens and its circulating supply is 286,832,929 tokens. SushiSwap’s official website is sushi.com. 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. SushiSwap’s official message board is www.sushi.com/blog.

According to CryptoCompare, “SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.”

SushiSwap Token Trading

It is usually not currently 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 Gemini, Changelly or Coinbase. 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