SUSHI coin has established itself in the realm of decentralized finance, incorporating new features to stay competitive. SushiSwap, the home of SUSHI, has released its new roadmap designed to help it fend off the stiff competition from other decentralized exchanges. Key points in the roadmap include a novel Meme Coin Launchpad to counteract rampant pump and dump schemes. Despite ongoing debates, a takeover of SUSHI's team treasury seems imminent. SushiSwap has expanded its platform onto Bitcoin's sidechain, Rootstock and ZetaChain, a significant development for DeFi as the need for operability with Bitcoin grows. The platform is furthering its work to safeguard users from scam tokens through a GoPlus API, and branching its operations towards additional blockchains such as Aptos and Kava. Meanwhile, a proposed restructuring of the business involves creating three DAOs in Panama and Cayman. Even institutional investment is coming into play, as shown by the holding of SUSHI tokens by Franklin Templeton's CEO. Concerns, however, arise with SushiSwap CEO Jared Grey expressing a lack of inspiration amid regulatory crackdowns and when a former Sushi CTO raised $8 Million for a separate NFT lending platform. While SUSHI has seen price volatilities, there seems to be cautious optimism about its future growth trajectory. The question that heavily looms in the air is whether SUSHI coin can recover from its all-time low and reach the forecasted price of $10 by 2025.
SUSHI Coin News Analytics from Thu, 28 Sep 2017 07:00:00 GMT to Sun, 05 Jan 2025 10:34:15 GMT -
Rating 5
- Innovation 4
- Information 8
- Rumor -3