SushiSwap doubles in value in two days – is it time for a pullback?
Even though the price action was encouraging, the decline in mean coin age meant sellers could leave their mark in the market in November.
Keep up with what's happening in the crypto world in real-time.
Even though the price action was encouraging, the decline in mean coin age meant sellers could leave their mark in the market in November.
On November 2, 2023, the crypto economy is thriving, boasting a value of $1.31 trillion following a 2.88% increase in the past 24 hours. Bitcoin has notably surpassed the $35,000 mark, showing a 2.8% increase, while a wide array of two dozen digital assets have experienced double-digit growth this Wednesday.
SushiSwap (SUSHI) recent price surge of nearly 20% has attracted attention, but suspicions of crypto market manipulation have cast a shadow over its remarkable performance.
Altcoins like SushiSwap (SUSHI) and Amino (AMO) are leading the cryptocurrency rally today, with significant price hikes. Let's delve into the factors driving their recent price movements and what's behind the excitement. SushiSwap rises 48.45% SushiSwap (SUSHI) has experienced an impressive 48.45% price surge in the last 24 hours.
SUSHI defies broader market trends to jump 20% in the last 24 hours, giving rise to speculations of market manipulation.
Sushi is emerging as one of the biggest gainers on Tuesday, surging almost 20% in 24 hours to $0.75. The token native to the decentralized exchange (DEX) SushiSwap has continued to sustain this bullish structure, gaining 25% in 30 days, 39% in two weeks, and 26.5% in the last week.
Members of the SushiSwap community want to abandon the Kanpai 2.0 model, as it has become the reason for the weak tokenomics of the crypto exchange.
Crypto analyst and YouTuber Vance says several altcoins are currently trading in prime "buy zones" and could see significant gains in the near future.
A recent post on the X social media platform by the “Smart Money” tracker, @lookonchain, reported that an anonymous whale investor made a significant move by accumulating around two trillion units of the popular meme cryptocurrency, PEPE. This investor, known as @9x9x9eth on X with an audience of over 100,000 followers, has a history of being a long-term holder of SushiSwap (SUSHI) tokens.
According to a recent X post published by "Smart Money" tracker @lookonchain, an anonymous whale decided to stock up on the trendy meme coin PEPE, so he grabbed nearly two trillion of it.
On-chain activity suggests Ethereum (ETH) and two altcoins could be primed for short-term price rallies, according to the crypto analytics firm Santiment. Santiment notes that ETH, Shiba Inu (SHIB) and SushiSwap (SUSHI) traders displayed “mild signs of panic” on Thursday.
Crypto analytics firm Santiment says that the prices of eight altcoins are showing signs of moving higher.
SushiSwap's supply on exchanges has dropped substantially. But regardless, SUSHI's price rose marginally in the last 24 hours.
The crypto market has been trapped in a horizontal accumulation phase and is likely to continue until the fourth Bitcoin halving triggers the macro bull rally. Meanwhile, on-chain data has shown institutional money proliferating the crypto industry in the past few months in a bid to catch the long-term bullish wave.
Sushi claims to be the first and largest Ethereum-native decentralized exchange (DEX) to deploy on Linea.
In a remarkable turn of events, the decentralized digital asset exchange, Sushi, has made a groundbreaking move by expanding its reach to the Aptos layer 1 blockchain. This strategic integration ushers in Sushi's cutting-edge Sushi v2 Automated Market Maker (AMM) and SushiXswap to the Aptos network, marking an unprecedented milestone in the world of decentralized exchanges (DEX).
The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi's first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain.
Sushi, a prominent decentralized exchange (DEX), has expanded its services to Aptos, a layer-1 blockchain.
SushiSwap's integration with Aptos would make it the first non-EVM association with the Move-based L1 blockchain. But where does Sushi presently stand?
SushiSwap, one of the pioneers in the decentralized exchange (DEX) space, has recently made a significant move by expanding its services to the Layer-1 blockchain Aptos. This strategic integration represents a milestone for SushiSwap as it marks its first foray into a blockchain ecosystem that is not compatible with the Ethereum Virtual Machine (EVM).
The move to Aptos is the first time DEX has been accessible on a blockchain that is not compatible with the Ethereum Virtual Machine.
Sushi, a leading DEX platform, has announced its move to the Aptos Network. With the launch on Aptos, Sushi is finally available on a blockchain that isn't based on the Ethereum Virtual Machine (EVM).
The latest integration represents the first non-EVM chain for Sushi.
Sushi, the decentralized exchange (DEX) that has $350 million in locked value, has expanded its services to a layer-1 blockchain Aptos.