$SUSHI
As of December 9, 2024, SushiSwap (SUSHI) is experiencing a notable upward trend in the cryptocurrency market. The token is currently trading at $2.40, marking a 14.47% increase in the past 24 hours. During the day, it reached a high of $2.76 and a low of $2.16, showcasing its volatility. Over the past week, SUSHI has surged by 79.15%, and in the past month, it has risen by an impressive 226.65%. Year-to-date, the token has appreciated by 88.53%, reflecting robust performance throughout 2024.
SushiSwap's market capitalization is approximately $629.42 million, with a circulating supply of 261,787,607 SUSHI tokens. Despite its current growth, SUSHI remains significantly below its all-time high of $23.44, recorded on March 13, 2021. However, it has recovered considerably from its all-time low of $0.4472, which occurred on August 5, 2024.
The recent surge in SUSHI's price is likely driven by the increasing adoption of decentralized exchanges and growing investor confidence in the SushiSwap ecosystem. Analysts predict that SUSHI could reach $5.38 in the coming months, representing a potential 228.59% increase from its current price.
