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Market Cap: $ 3 787 132 962 593 / 24h Vol: $ 200 392 171 953 / BTC Dominance: 58.653467328398%

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Troubled SushiSwap investors could ease up thanks to SUSHI’s latest…

Decentralized exchange SushiSwap [SUSHI] hasn’t been at its best for a while now. The exchange had an even worse time over the last few days.

Just recently SushiSwp fell victim to a white-hat exploit that led to a loss of almost 1800 ETH. To add to the list of bad news, SushiSwap’s trade volumes painted a disappointing picture especially in the last year.

As per crypto analysis platform Kaiko, SushiSwap stayed below Uniswap’s trade volumes for most part of the year. However, the former’s trading volume did manage to surpass Uniswap only once.

🍣SushiSwap has had a rough year.

Trade volumes surpassed Uniswap V2 only once in the past 66 weeks (not even looking at V3).

What is the future of the once second largest #DEX? pic.twitter.com/wKYwcOLVjc

— Kaiko (@KaikoData) April 11, 2023

Read SushiSwap’s [SUSHI] Price Prediction 2023-24

At the time of writing, SushiSwap failed to hold up its fort. As per data from Santiment, development activity on the SushiSwap network didn’t seem at its best.

Furthermore, it witnessed a drop after it managed to surged a little on 8 April. However, the total amount of holders didn’t witness a significant drop as expected and managed to remain on the same lines as compared to the last few days.

Source: Santiment

As per additional data from data analytics platform CryptoQuant, SUSHI’s total exchange netflow witnessed a downfall over the last seven days. This could be taken as a positive update.

However, SUSHI’s exchange reserves over the last 24 hours witnessed a rise. A surge in the exchange reserves could indicate a higher selling pressure for SUSHI in the coming days.

Source: CryptoQuant

Upon taking a look at the address growth, data from Glassnode showed that there was no significant movement in the number of new addresses on the network. At press time, the number of new addresses stood at 87, which was on the lower end as compared to the last seven days.

Source: Glassnode

At the time of writing, SUSHI was exchanging hands at $1.14. As seen in the chart given below, SUSHI flashed green at press time. Furthermore, its Relative Strength Index (RSI) seemed to moving away and upwards from the neutral line. At press time, SUSHI’s RSI stood at 53.50.

How much are 1,10,100 SUSHIs worth today?

Additionally, the Moving Average Convergence Divergence (MACD) also stood in favor of the token. With the MACD line crossing over the signal line, it could be seen the price could witness a surge. The histogram too flashed green which was an indication of a price surge for SUSHI.

A look at the Money Flow Index (MFI) further indicated that the price could witness an uptick with the indicator moving hovering above the neutral line.

Source: TradingView

So has SUSHI left behind its bad days? That can only be the case if SUSHI continues on its bullish trajectory over the course of the next few days. Traders are however advised to maintain caution.

Source

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  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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