The token SushiSwap (SUSHI) has increased by 7% in the last 24 hours as whales push prices down
The SushiSwap Coin is up 7% and is currently trading at $10.58. The coin seems to establish a strong support zone at the $10 level. The coin could increase twenty-fold from current levels as decentralized platforms gain in the face of China’s crackdown on cryptocurrencies. The token has the potential to continue to rise as volumes continue to build in the future.
How and where to buy SushiSwap in Germany and elsewhere
To trade crypto tokens, you need to register an account with a crypto exchange/broker platform. The process of creating an account is simple, and all you need to do is provide a username, password and email address. The site will then contact you via email and ask for additional documents such as a driver’s license and utility bill. This information is required to comply with the regulation of Know Your Customer (KYC). They help to ensure the security of the site for all users.
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eToro is one of the leading trading platforms for investing in crypto assets. Packed with features including copy trading, advanced technical charts and a range of trading tools, eToro’s platform is suitable for beginners and professionals alike.
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What is SushiSwap?
SushiSwap helps to trade tokens with ease as it has enough liquidity. The platform allows easy and fast exchange of tokens through your DEX. Users can also stake, borrow or lend assets on the platform. The domestic currency is known as SUSHI and has gained in value as the platform becomes increasingly popular among crypto traders.
Should I buy SUSHI today?
The SushiSwap token has risen by 7%, and the coin could continue to recover if the bulls decide to continue the current rally. SUSHI’s early adopters could benefit from the token’s long-term price increase as the platform matures and attracts more users. The coin has the potential to recover further if whales decide to push the course.
Below is the daily price chart for SUSHI, which shows steady volume buildup with a corresponding rise in price.
SUSHI Daily Rate Chart. Source: CoinMarketCap
This article is for information purposes only – none of the information is to be understood as financial or investment advice.