SUSHI Price Analysis December 2021

$SUSHI is a token of platform SushiSwap. Its current price is around $8.93 by the time of writing, was at $2.38 at the start of 2021, and has a market cap of 1.1 billion dollars.

Sushi Price Analysis December 2021
SUSHI Price Analysis December 2021

What is SushiSwap?

The SushiSwap platform is built on Ethereum blockchain technology, allowing users to swap their cryptocurrency for other cryptocurrencies. Maki founded it in 2020, and since then it has partnered with Yearn Finance, Aave, Akropolis, and many other companies. It now supports more than 20 different wallets. SushiSwap is a cryptocurrency that aims to be the world’s first sushi-backed cryptocurrency, and its native coin is SUSHI.

SushiSwap is an exchange that offers a wide range of popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Tron. The SushiSwap team has a strong background in cybersecurity and blockchain development, which will allow them to build an exchange platform that can be trusted worldwide, which provides security based on the proof of stake consensus protocol.

What is $SUSHI?

$SUSHI is the coin of the SushiSwap platform, which is around $8.93 by the time of writing which was at $2.38 at the start of 2021. Its current ranking is #91 according to CoinMarketCap, with a market cap of 1.1 billion dollars.

It reached a high of $in 2021 with a low of $2.38. SushiSwap is a crypto token that is decentralized and peer-to-peer. The two leading investors of the token are Defiance Capital and Delphi Digital.

$SUSHI Coin Market Analysis 

It has a max supply of 250,000,000 tokens worth around $8.93 with a market volume of 1.2 billion dollars, whereas the market capitalization is 1.1 billion dollars at writing. 

$SUSHI Price Prediction

On the 1D timeframe, it broke the double bottom and is now heading towards resistance with a strong uptrend. If it breaks the resistance, a move of 10% or more can be expected.

For any time, on-demand analysis on $SUSHI or any other coin can join our Telegram channel.

$Sushi Price Prediction
$SUSHI Price Prediction

Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.

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Pratyaksh