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SUSHI (SushiSwap) has pumped 28.93% in the last 24 hours.
Gate News Bot news, on July 18, according to CoinMarketCap data, SUSHI (SushiSwap) is currently priced at 0.97 USD, with a 24-hour rise of 28.93%, reaching a high of 1.03 USD and a low of 0.68 USD. The 24-hour volume is 171 million USD. The current market capitalization is approximately 267 million USD, with an increase of nearly 59.99 million USD compared to yesterday.
SushiSwap is a decentralized exchange that offers token swaps, liquidity provision, and yield farming features. Users can trade tokens on the platform, provide liquidity to earn fees, and participate in staking to earn SUSHI token rewards.
Important news about SUSHI recently:
1️⃣ Multi-chain strategy upgrade, launching Super Swap SushiSwap announced the Super Swap roadmap, aimed at enhancing its multi-chain capabilities. This strategic move will significantly improve SushiSwap's ability in cross-chain trading and liquidity management, with the potential to attract more users and increase the platform's volume.
2️⃣ Acquisition of Shipyard Software Company to Enhance DEX Performance SushiSwap has acquired Shipyard Software, a move that will bring advanced technological support to SushiSwap, helping to optimize the performance and user experience of the decentralized exchange. The performance enhancement may attract more traders, thereby driving the demand rise for SUSHI tokens.
3️⃣ Route Processor roadmap released SushiSwap has announced the roadmap for the Route Processor, a technical upgrade aimed at optimizing trade routing and execution. The implementation of this feature is expected to improve trading efficiency, reduce user costs, and thereby enhance SushiSwap's competitiveness in the DEX market.
From a technical perspective, the SUSHI price has broken through recent resistance levels, showing a strong pump momentum. However, investors should remain vigilant about potential retracement risks. From a fundamental analysis, SushiSwap's ongoing technological innovations and ecosystem expansion provide support for the long-term value of the SUSHI token.
This message is not intended as investment advice; investors should be aware of market volatility risks.