SushiSwap (SUSHI) Achieves Market Capitalization of $173.96 Million

SushiSwap (SUSHI) traded 0.8% lower against the US dollar during the 1 day period ending at 21:00 PM ET on August 25th. One SushiSwap token can currently be bought for $0.67 or 0.00001037 BTC on popular cryptocurrency exchanges. SushiSwap has a total market capitalization of $173.96 million and $12.59 million worth of SushiSwap was traded on exchanges in the last day. During the last seven days, SushiSwap has traded 19.4% higher against the US dollar.

Here is how similar cryptocurrencies have performed during 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 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.
• MVP Coin (MVP) traded 4.2% higher against the dollar and now trades at $0.0622 or 0.00000096 BTC.
• P2P Solutions foundation (P2PS) traded 0.8% lower against the dollar and now trades at $158.35 or 0.00246531 BTC.

SushiSwap Profile

SushiSwap’s launch date was August 30th, 2020. SushiSwap’s total supply is 277,733,522 tokens and its circulating supply is 261,177,449 tokens. SushiSwap’s official website is sushi.com. SushiSwap’s official Twitter account is @sushiswap. The Reddit community for SushiSwap is https://reddit.com/r/sushiswap and the currency’s Github account can be viewed here.

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 presently possible to buy alternative cryptocurrencies such as SushiSwap directly using U.S. dollars. Investors seeking to trade SushiSwap should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy SushiSwap using one of the aforementioned exchanges.

SUSHI/USD price chart by TradingView