$SUSHI , despite its phenomenal increase from August 5 to today, December 8, 2024, moving from a value of $0.05 to $2.4 dollars, with an absolute increase of $2.35 dollars and even better a relative increase of 4700% = (($2.4-$0.05)/$0.05)*100.
With such an increase, we would already be applauding, BUT let's review a bit of its historical behavior, see the following graph.
On March 11 of this year, $SUSHI it had a value of 2.07 and today 2.4, that is, it took 10 months to recover its value, and then from there begin to assess its growth, that is precisely where it is no longer so elongated. My grandmother used to say, 'clear accounts, thick chocolate.'
The reality is that its real increase is $0.33 dollars = ($2.4-$2.07), or better said, a percentage increase of 15.7% = ($0.33/$2.07). Nothing surprising.
We would be satisfied if from here it grew again by 4700%, because that would imply that $SUSHI it would have a value of $115.2 dollars = 2.4*(1+4700/100), then we would indeed be celebrating.
For now, my perception is only the recovery of value, investors waited almost a year to balance their investment and have not made profits, let's hope it rises again and not the opposite.
It is also important to mention that on March 3, 2021, it reached its maximum value at $23.38 dollars, very, very far from the current price.
The question would be, for the investors who bought between $15 to $20 dollars, how much time will it take to recover their investment?
But for now, it's Sunday and almost as a tradition, it's going for barbecue for breakfast-lunch, who will join me?, have a great Sunday ♥️.
