SushiSwap, the popular decentralized cryptocurrency exchange's native token,
SUSHI, has been in the spotlight lately for several reasons. A future price prediction for 2025 suggests that the coin is expected to recover further from its all-time low. The platform's CEO, Jared Grey, has hinted at an upcoming strategic acquisition. SushiSwap's new meme coin launchpad aims to curb pump and dumps, a prevalent issue in the meme coin world. In a bid to tackle competition, SushiSwap is laying out a new roadmap. On another note,
SushiSwap has gone live on Bitcoin's sidechain Rootstock, further enhancing its capabilities. However, a volatile point in its journey is the SEC subpoena issued towards SushiSwap, following which SUSHI's value came crashing down. Despite the challenges, the company has introduced a multi-token ecosystem and merged DAO with its 'Labs' model. Other notable developments include a partnership with Layer N to launch a high-speed Derivatives exchange and the introduction of Sushi's Decentralized Derivatives Exchange Susa on Layer N. Unfortunately, their token, Super Sushi Samurai, suffered a massive plunge due to a double-spending glitch. Despite various setbacks, the platform continues to innovate and enhance itself, hinting at a possible bounce back.
SUSHI Coin News Analytics from Thu, 28 Sep 2017 07:00:00 GMT to Wed, 11 Dec 2024 08:00:00 GMT -
Rating -2
- Innovation 4
- Information 8
- Rumor 0
