- December 6, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post SushiSwap Price Prediction 2024, 2025: Will SUSHI Hit $2? appeared first on Coinpedia Fintech News
As the tectonic plates shift in the crypto market, the bulls are on the cusp of starting an altcoin season. Amid this, the DeFi Tokens, mainly DEX tokens, can find an opportunity to reclaim 2021 levels. The native token of Sushiswap, SUSHI, shows such potential if the market turns favorable.
Are you interested to find out the future price of Sushiswap? Check out our SUSHI price prediction for 2024-2030 for more.
Table of contents
Market Top Gainer
Overview
Cryptocurrency | SushiSwap |
Token | SUSHI |
Price | $ 1.47822308 -1.10% |
Market cap | $ 386,978,104.4061 |
Circulating Supply | 261,785,997.8918 |
Trading Volume | $ 175,641,483.1481 |
All-time high | $ N/A |
All-time low | $ N/A |
24 High | Coming soon |
24 Low | Coming Soon |
*The statistics are from press time.
SUSHI Coin Price Prediction 2024
With a declining trend for most of 2024, the SUSHI price shows a sudden surge of a recovery run. With a new bull cycle in the triangle pattern, the altcoin is preparing for a breakout rally.
With the trendline breakout, the SUSHI price needs to surpass the 200-day SMA to extend the recovery run. A potential breakout run with the crypto market bounce back can pump the SUSHI price to $2 by the end of 2024 to test the 52-week high. Conversely, a bottom formation at $0.40 is possible.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.40 | 1.20 | 2 |
SushiSwap Price Prediction 2025
By the end of 2025, we could witness a moonish run of Defi projects, which could reiterate greenish numbers on the market charts. In such a scenario, the price of SUSHI could chug up to $7.6522 by the end of 2025.
Conversely, the ebbing stance of the project and stiffer competition in the industry might slash the price down to $4.0852. Successively, considering the bullish and bearish targets the regular price could settle at $5.8593.
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | 4.085 | 5.859 | 7.652 |
Also, read our Pancake Swap (CAKE) Price Prediction 2024-2030
SushiSwap Price Prediction 2026 – 2030
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 6.311 | 7.912 | 9.367 |
2027 | 8.927 | 10.166 | 11.451 |
2028 | 11.067 | 12.962 | 13.775 |
2029 | 13.259 | 14.654 | 15.918 |
2030 | 15.626 | 16.599 | 17.591 |
SushiSwap Forecast 2026
According to our analysts, SUSHI coin price prediction for the year 2026 could range between $6.311 to $9.367 and the average price of SushiSwap could be around $7.912.
SUSHI price prediction 2027
According to our analysts, SushiSwap price for the year 2027 could range between $8.927 to $11.451 and the average price of SUSHI could be around $10.166.
SushiSwap Prediction 2028
According to our analysts, SUSHI’s prediction for the year 2028 could range between $11.067 to $13.775 and the average SushiSwap coin price could be around $12.962.
SUSHI coin price prediction 2029
According to our analysts, SushiSwap’s forecast for the year 2029 could range between $13.259 to $15.918 and the average SUSHI coin price could be around $14.654.
SushiSwap price prediction 2030
According to our analysts, SUSHI predictions for the year 2030 could range between $15.626 to $17.591 and the average SushiSwap price could be around $16.599.
CoinPedia’s SUSHI Price Prediction
According to CoinPedia’s formulated price prediction. If the protocol finds newer buyers and holders. The price of SUSHI might take an ascend to a maximum of $2 by the end of 2024.
On the downside, facing the brunt of bearish trends, the price of the altcoin might take a dip to $1.20.
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.40 | 1.20 | 2 |
Market Analysis
Firm Name | 2024 | 2025 |
Wallet Investor | $0.151 | $0.065 |
DigitalCoinPrice | $3.33 | $4.31 |
Trading Beasts | $1.912 | $2.376 |
*The aforementioned targets are the average targets set by the respective firms.
SushiSwap is a decentralized exchange (DEX) platform that allows users to exchange between various virtual currencies by connecting the cryptocurrency wallet. Sushi is considered the safest cryptocurrency that provides governance rights where SUSHI token holders are allowed to make decisions about this platform's future development and direction.
Founder: Chef Nomi
Founded: March, 2020
Headquarters: Tokyo, Japan
Key Features:
It has its native token called SHUSHI which is used for staking and rewarding liquidity providers.
Users can earn rewards in the form of transaction fees and SUSHI tokens by providing liquidity to trading pairs.
Includes a vault Bento Box that allows users to deposit tokens and earn yield through various strategies.
Charges a standard fee of 0.3% per trade which is competitive within the DEX market.
Its user-friendly interface simplifies complex crypto concepts making it accessible for both novice and experienced traders.
SushiSwap has raised a total funding of $5.3M over one round, it was a seed round raised on October 6, 2022. It is funded by two investors, Platinum Capital and GoldenTree Asset Management.
FAQs
1. What wallets are compatible with SushiSwap?
Metamask, Coinbase wallet, WalletConnect, Trust wallet, and Trezor and Ledger (through Metamask).
2. What are the benefits of using SushiSwap?
Ownership control, user-friendly interface, earning opportunities, cross-chain functionality, and community governance.
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Ox Maki
Chief Executive Officer
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Joseph Delong
Chief Technology Officer
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Chef Nomi
Chief Executive Officer
Historical Market Performance
Also, read our Yearn. Finance Price Prediction 2024-2030
FAQs
Yes, SUSHI could be a profitable investment, if considered for the long term.
SushiSwap was launched in September of 2020.
The price of SUSHI might hit a maximum of $2 by the end of 2024.
The altcoin might soar as high as $7.6522 by the end of 2025. With a potential surge the price may go as high as $17.591 by the end of 2030.
SUSHI is available for trade across prominent cryptocurrency exchange platforms such as Binance, Huobi Global, and OKEx.