Overview
(Dated March 03, 2022) — SushiSwap (SUSH) is one of the unique and exciting crypto projects recently launched. You may say that it’s unique because it was named after the all-time favourite sushi. The second half of its name comes from the term “swap,” which means “to trade.”
At the time of writing, SushiSwap’s (SUSHI) current market rank is #134 on eToro’s live statistics with a price of $3.3018, a market capitalisation of $429,052,380, a fully diluted market cap of $843,816,648 and a circulating supply of 127,244,443 SUSHI (52.18%).
This article will cover the latest price predictions for the SushiSwap (SUSHI) coin. How will this cryptocurrency perform this year? How high will it reach in 3 years? 8 years? To learn more about this coin, carefully read the entire SushiSwap Price Prediction 2022, 2025, 2030 article.
First, let’s take a look at the coin’s price history.
SushiSwap Technical Analysis
Please note that every information displayed in this article is based on the industry’s research and real-time data of the most accurate crypto analysts. However, we still encourage you to do further research to stay updated on the market trends.
SUSHI Price History
Based on our research and historical data analysis of Digital Coin Price experts, SushiSwap’s (SUSHI) price has risen 14.07% during the last week while its pricing has dropped -21.26% in the previous month.
In its launching month, August 2020, SUSHI reached a price up to $7.15, according to the historical data of CoinMarketCap. Like many cryptocurrencies in the market, SUSHI experienced price fluctuations and its current all-time low was recorded three months after its public release. The SUSHI price dropped to $0.4737 on November 4, 2020. However, it didn’t remain below the $1 mark, since it closed at $2.60 in December with a market cap of $460,218,550.
In January 2021, SUSHI increased to $10.97 with a market cap of $1,292,332,236. It seemed that the coin performed well during the first half of 2021, since its all-time high of $23.38 on March 13, 2021, with a market cap of $2,914,741,703. By the end of this year, the SUSHI price closed at $9.45, with a market cap of $1,202,030,511.
Top SUSHI Price Predictions
SUSHI Price Prediction By Digital Coin Price
According to the in-depth analysis of Digital Coin Price, SUSHI is predicted to be bullish and a good option for long-term investment.
2022: The price of SUSHI is likely to reach the average price of $4.75 mark. SUSHI is projected to achieve a minimum price of $4.03 by the end of the year. Furthermore, the SUSHI price might reach a maximum price of $4.88.
2025: The price of SUSHI is likely to reach the average price of $6.32 mark. SUSHI is projected to achieve a minimum price of $5.76 by the end of the year. Furthermore, the SUSHI price might reach a maximum price of $6.86.
2030: The price of SUSHI is likely to reach the average price of $15.22 mark. SUSHI is projected to achieve a minimum price of $14.76 by the end of the year. Furthermore, the SUSHI price might reach a maximum price of $15.89.
SUSHI Price Prediction By PricePrediction.Net
According to the in-depth analysis of PricePrediction.Net (Price Prediction), SUSHI is predicted to be bullish and a good option for long-term investment.
2022: The price of SUSHI is likely to reach the average forecast price of $4.89 mark. SUSHI is projected to achieve a minimum price of $4.76 by the end of the year. Furthermore, the SUSHI price might reach a maximum price of $5.32.
2025: The price of SUSHI is likely to reach the average forecast price of $14.88 mark. SUSHI is projected to achieve a minimum price of $17.67 by the end of the year. Furthermore, the SUSHI price might reach a maximum price of $15.29.
2030: The price of SUSHI is likely to reach the average forecast price of $103.96 mark. SUSHI is projected to achieve a minimum price of $101.07 by the end of the year. Furthermore, the SUSHI price might reach a maximum price of $121.04.
SUSHI Price Prediction By WalletInvestor
According to the in-depth analysis of WalletInvestor, SUSHI is predicted to be bearish and a bad option for long-term investment.
2022: The price of SUSHI is likely to reach the average trading price of $2.728 mark. SUSHI is projected to achieve a minimum price of $0.187 by the end of the year. Furthermore, the SUSHI price might reach a maximum price of $7.350.
2025: The price of SUSHI is likely to reach the average trading price of $0.765 mark. SUSHI is projected to achieve a minimum price of $0.150 by the end of the year. Furthermore, the SUSHI price might reach a maximum price of $1.147.
2030: There is still no available data on the website.
Note: SushiSwap price predictions change due to the different time series. You must view the forecast above as an opinion from some market experts/analysts. Forecasters may and do make mistakes in their predictions. Remember that past results are no guarantee of future results.
SushiSwap Fundamental Analysis
What Is SushiSwap (SUSHI)?
As the name implies, SushiSwap (SUSHI) is a cryptocurrency and an automated market maker (AMM). An automated market maker is a decentralised exchange that generates markets for any pair of tokens by utilising smart contracts. Moreover, SushiSwap was also created as a hard fork for Uniswap.
How Does SushiSwap (SUSHI) Work?
SushiSwap is Ethereum-based, but it can also work with other compatible chains such as Binance Smart Chain (BSC), Fantom, and xDAI. In May 2021, it introduced Polygon support. Using the exchange, you can do several things, including:
- Swapping your cryptocurrency for another;
- Farming or putting your cryptocurrency into one of the exchange’s liquidity pools to gain incentives;
- Staking or depositing your SUSHI tokens;
- Lending your cryptocurrency to earn interest; and
- Borrowing cryptocurrency
Who Founded SushiSwap (SUSHI)?
Chef Nomi, sushiswap, and 0xMaki, three anonymous co-founders, established SushiSwap (SUSHI). With SUSHI tokens, the goal was to generate competition for Uniswap and offer new services, such as larger incentives.
Pros & Cons Of Investing In SUSHI
Here are the pros and cons of investing in SUSHI:
Pros
- SushiSwap (SUSHI) is also a governance token. SUSHI holders get a say in the exchange’s future. You may vote on suggestions for SUSHI if you purchase it.
- SushiSwap (SUSHI) is decentralised. SUSHI holders can profit more from the Sushiswap platform than Uniswap token holders who lack some DeFi functionality.
- SushiSwap (SUSHI) is widely available. SUSHI, the platform’s token, was added to several of the world’s top centralised exchanges, namely eToro, Binance, OKEx, and Huobi Global.
Cons
- SushiSwap’s founder, Chef Nomi, was involved in a controversy. The said founder withdrew 38,000 ETH from SushiSwap, which poses questions for many SUSHI holders. But Chef Nomi eventually returned the cash, openly apologised for the move, and called it a mistake.
- SushiSwap (SUSHI) is highly volatile, just like other cryptocurrencies, which may expose investors to high-risk investments.
Where Can You Buy SUSHI?
SUSHI token is tradable in the most significant crypto exchanges, including Binance, OKEx, Huobi Global, and eToro.
What Do Experts Say About SUSHI?
SUSHI has performed well since its launch, and its uniqueness has attracted many users. Some crypto experts couldn’t help but express their awe at the coin.
“I love the initial idea behind it [SushiSwap]. A completely community-governed market-making decks, one that rewards all liquidity providers, past and present, by giving them a broader share in the network.” – Coin Bureau
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So, How High Can SUSHI Coin Price Go In The Future?
According to several crypto experts/analysts, the SUSHI coin can reach the maximum price level of $176.54 beyond 2030.
CONCLUSION: Is SUSHI Bullish?
After reading our analysis and the provided predictions from crypto experts/analysts, we can say that SushiSwap (SUSHI) may be worthy of your investment. However, it is essential to remember that the whole crypto world can either be on the verge of a bearish or bullish trend.
Since cryptocurrencies are highly volatile, your risk tolerance and portfolio composition will determine if the SUSHI token is a good investment for you. Before investing, make sure you do your own proper research and consult a financial expert. Also, never invest more than you can afford to lose.
Disclaimer
The crypto market is highly volatile. You should never invest money you can’t afford to lose when trading. None of the data offered in SushiSwap Price Prediction Article should be interpreted as investment advice. By relying on the information on this page, you acknowledge that you are acting knowingly and independently, and that you are aware of and accept all risks.
We recommend conducting your own research and consulting with a financial professional for a more successful and secure trading experience.
