It appears that Bitcoin won't be able to regain its $69K all-time high, as it has not made any significant gains beyond $48K in the past year. Other cryptocurrencies have seen notable price gains despite the bearish trend. Despite the slump, SUSHI has seen double-digit gains in the last 24 hours.

After a gain of 11.3% over the last 24 hours, SUSHI trades at $6.01 as of the writing.

Analysis of the SUSHI price

The SUSHI token has experienced a noteworthy bullish rally over the past 24 hours. Despite being below the $8 monthly highs reported in November, the token has made some modest gains.

The token is a top performer over the last 24 hours and has attracted a lot of buyer interest. It could surpass $6.05. if buyers keep accumulating more tokens. It is possible because it reached a weekly high at $6.08 during its 24-hour gains.

SUSHI could easily reach $6.20 if it continues to make double-digit gains. To reach $7, however, market support must also be in place to sustain the bullish rally.

A dip is possible, however, as the market has not made any significant gains. SUSHI could fall to $5.95 if it falls. If there is more selling pressure, the token could drop to $5.50.

SUSHI's recent successes are due to Joseph Delong, the CTO of SushiSwap announcing that he would be leaving the platform due to internal disputes. Delong stated that he was resigning as the platform was doomed to failure and that the protocol was no longer what it was once.

SushiSwap's instrumental leader was Delong. Delong expressed disappointment at the failure of SushiSwap to implement Optimism (an Ethereum scaling solution). After the recent hack, which cost $3M, he also assisted SushiSwap.

SUSHI - Where can I buy it?

eToro allows you to create an account and buy SUSHI during this bullish rally. eToro is a reliable exchange platform. It supports a variety of trading pairs and cryptocurrencies. eToro has a simple interface that makes trading easy for beginners. Copy trading is one of the most distinctive features of eToro. This allows novice traders to copy trades made by experienced traders.

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By: Ali Raza
Title: Sushi Price at $6.01 after 11.3% gains – How to buy SUSHI
Sourced From: insidebitcoins.com/news/sushi-price-at-6-01-after-11-3-gains-how-to-buy-sushi
Published Date: Mon, 13 Dec 2021 14:31:03 +0000