SushiSwap Tops 24-Hour Volume of $19.98 Million (SUSHI)

SushiSwap (SUSHI) traded 4.6% lower against the dollar during the 24 hour period ending at 10:00 AM Eastern on February 1st. One SushiSwap token can now be bought for $0.23 or 0.00000302 BTC on major exchanges. SushiSwap has a total market capitalization of $67.07 million and approximately $19.98 million worth of SushiSwap was traded on exchanges in the last day. Over the last seven days, SushiSwap has traded 21.3% lower against the dollar.

Here is how other 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 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.
• 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.BBN (SOLVBTC.BB) traded 10.5% lower against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 5.2% against the dollar and now trades at $76,994.68 or 0.99364228 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

SushiSwap Profile

SushiSwap’s launch date was August 28th, 2020. SushiSwap’s total supply is 287,676,365 tokens and its circulating supply is 286,834,103 tokens. 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. SushiSwap’s official website is sushi.com.

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 currently 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, Coinbase 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