$SUSHI no volume, lots of fear. It has fallen by about 98% from the ATH level and there is selling pressure even when the price is at these levels. Why did sushi coin and sushiswap shake the trust so much? Let me share what I remember with you guys;
1) A vote was held recently and many accounts were opened and participated in the vote so that the results of this vote would be in their favor. There were former sushiswap employees who said that the vote was shady and the decisions taken were wrong.
2) In order to transfer money to sushi lab; they increased the total supply recently, while the price was increasing. Then the price suddenly dropped by 70%. The sushiswap manager who made a statement said; This was a decision we made as a result of the vote and we will continue to increase the total supply. In other words, he said that it will not stay at these levels.
3) Shortly after the launch of Sushi coin, at Ath levels, the founder of sushiswap sold all his volume. It caused a lot of backlash, he said he would get it back, but he withdrew the money and did not invest again. The owner who first started the project and the subsequent managers have almost the same thoughts.
4) There was a hacking incident. Then, they made an agreement with a company because they could not provide their own security.
5) When you deposit sushi coin on Sushiswap, it gives you a coin called SUSHIX. The price of this coin is 30% more expensive. It is not even certain whether the price will decrease when converting Sushix coin back to Sushi coin. There are those who are afraid of losing money by farming. Therefore, Sushiswap does not seem logical for farming.
6) Rumors are circulating on form sites that Sushi coin will be delisted and Sushix coin will be released instead. Think about it this way; You have 1000 Sushi coins and a decision was made to delisted or exchange. If there is an exchange, there will be no one-to-one exchange, there will still be a loss, if there is a delisted, there will still be a loss from the exchanges.
7) There were many pairs of transactions that were delisted due to lack of volume.Only the BTC and USDT pair remains.