SushiSwap (SUSHI) Price Hits $1.11 on Major Exchanges

SushiSwap (SUSHI) traded 6.5% higher against the US dollar during the twenty-four hour period ending at 23:00 PM ET on May 9th. SushiSwap has a total market cap of $275.69 million and approximately $41.05 million worth of SushiSwap was traded on exchanges in the last day. One SushiSwap token can now be purchased for $1.11 or 0.00001766 BTC on major cryptocurrency exchanges. Over the last week, SushiSwap has traded up 6.9% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 0.3% against the dollar and now trades at $0.29 or 0.00000469 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 down 2.2% 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 1.2% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.6% higher against the dollar and now trades at $0.0105 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About SushiSwap

SushiSwap’s genesis date was August 30th, 2020. SushiSwap’s total supply is 263,554,192 tokens and its circulating supply is 248,261,749 tokens. The official website for SushiSwap is sushi.com. SushiSwap’s official Twitter account is @sushiswap. The Reddit community for SushiSwap is https://reddit.com/r/sushiswap and the currency’s Github account can be viewed here.

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 Changelly, GDAX 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