SushiSwap Price Tops $1.06 on Exchanges (SUSHI)

SushiSwap (SUSHI) traded 0.6% higher against the U.S. dollar during the 24 hour period ending at 11:00 AM Eastern on May 4th. Over the last seven days, SushiSwap has traded up 6.9% against the U.S. dollar. One SushiSwap token can now be purchased for about $1.06 or 0.00001668 BTC on major cryptocurrency exchanges. SushiSwap has a market cap of $250.46 million and $24.88 million worth of SushiSwap was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 0.8% lower against the dollar and now trades at $0.30 or 0.00000468 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 down 2.2% 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.4% higher against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

SushiSwap Token Profile

SushiSwap launched on August 30th, 2020. SushiSwap’s total supply is 250,205,912 tokens and its circulating supply is 236,123,602 tokens. The Reddit community for SushiSwap is https://reddit.com/r/sushiswap and the currency’s Github account can be viewed here. The official website for SushiSwap is sushi.com. 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.”

SushiSwap Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as SushiSwap directly using US dollars. Investors seeking to trade SushiSwap should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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