SushiSwap (SUSHI) Hits Market Capitalization of $159.94 Million

SushiSwap (SUSHI) traded 8.3% lower against the U.S. dollar during the one day period ending at 16:00 PM ET on August 1st. SushiSwap has a total market capitalization of $159.94 million and $18.89 million worth of SushiSwap was traded on exchanges in the last day. During the last seven days, SushiSwap has traded down 7.3% against the U.S. dollar. One SushiSwap token can now be purchased for $0.61 or 0.00000962 BTC on exchanges.

Here is how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 3.5% against the dollar and now trades at $0.17 or 0.00000264 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded up 0.3% against the dollar and now trades at $0.0127 or 0.00000020 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 was first traded on August 30th, 2020. SushiSwap’s total supply is 277,733,522 tokens and its circulating supply is 261,175,258 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.

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

SUSHI/USD price chart by TradingView