SushiSwap (SUSHI) Market Capitalization Hits $147.19 Million

SushiSwap (SUSHI) traded down 5.4% against the dollar during the 1 day period ending at 22:00 PM ET on November 24th. SushiSwap has a total market cap of $147.19 million and $39.09 million worth of SushiSwap was traded on exchanges in the last day. In the last seven days, SushiSwap has traded 7.6% lower against the dollar. One SushiSwap token can currently be purchased for $1.16 or 0.00007010 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded 12.4% lower against the dollar and now trades at $0.37 or 0.00002242 BTC.
  • Aidi Finance (BSC) (AIDI) traded 7.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded up 1.6% against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 0.6% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 3% higher against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded up 3.1% against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded 15.4% lower against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 1.6% against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

SushiSwap Token Profile

SushiSwap launched on August 30th, 2020. SushiSwap’s total supply is 244,542,059 tokens and its circulating supply is 127,244,443 tokens. The official website for SushiSwap 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.

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.”

Buying and Selling SushiSwap

It is usually not presently possible to purchase alternative cryptocurrencies such as SushiSwap directly using US dollars. Investors seeking to acquire SushiSwap should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase SushiSwap using one of the aforementioned exchanges.

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