Can SushiSwap reach $100? – Katoch Tubes

Is SUSHISWAP good buy?

Is SUSHISWAP good buy?

What is SushiSwap?

SushiSwap is a decentralized exchange on Ethereum and a fork of UniSwap. It was created to beat UniSwap & become the most rewarding platform.

SushiSwap Founders

Launched in Aug 2020, SushiSwap was created by 0xMaki and Chef Nomi (pseudonyms).  Within 2 weeks it locked $1.2 bn TVL via-

SnapShot

1. Type: DEX 2. Chain: Ethereum 3. Ticker: SUSHI 4. Supply: 250 million Also Read about -

The Rug Pull

Chef Nomi liquidated $14 million worth of SUSHI tokens and ran away with the money. Thanks to the community &  FTX CEO who saved & stabilised the project

SUSHI Token

SUSHI is an ERC-20 and the native token of the exchange. It is used for governance, staking and reward distribution. UNI token was the answer to SUSHI's vampire attack.

How to use SushiSwap?

It's similar to purchasing stocks but with  web3 wallet. Connect Metamask and swap the tokens. Check the details-

SushiSwap vs UniSwap

On development front, its UniSwap that's winning the race. SUSHI was a fork of UniSwap and by no means it will surpass UNI. But SUSHI can be a more rewarding token.

Can SushiSwap  reach $100?

Its UNI that will probably reach $100 first than SUSHI. UNI developments are amazing and SUSHI will follow the suit.

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