Whales Have Accumulated Almost 10% of SUSHI Tokens in Two Months

According to analytical service Santiment, hodlers accelerated the accumulation of SushiSwap.

SUSHI hodlers accelerated the accumulation of the altcoin in just two months. According to the analytical service Santiment, the “whales” that hold from 100,000 to 10 million SUSHI tokens have accumulated 9.7% of the total altcoin supply since the beginning of November.

On December 28, the SUSHI token is trading at $8.6. Over the month, the altcoin has risen in price by 22%, and its capitalization has increased to $1.6 billion. In March this year, the cryptocurrency updated its all-time high above $23.3. However, the altcoin price dropped 63% over the next seven months.

SUSHI is the internal token of the SushiSwap decentralized trading platform, which is implemented on the Ethereum blockchain. Users can make a deposit to trading funds and receive a percentage of it in SUSHI tokens.

You can always start trading SUSHI on the LATOKEN exchange!

START TRADING SUSHI

Do you want to learn more about the most promising tokens through LATOKEN Review, and always stay up to date? To do this, just follow us on Medium, LATOKEN Blog, or LATOKEN VCTV channels.

About LATOKEN

  • Ranked #2 worldwide in the startup tokens primary market with 220+ IEO’s since 2017.
  • Has over 2 mln registered users, over 1 mln Android app installs.
  • Is in the TOP 10 of CoinGecko rank by the amount of token pairs and coins listed.
  • VCTV, a live streaming panel with high-profile industry leaders, produced over 500 shows to advise traders and investors how to navigate the crypto world with discussions, news updates, and interviews.
  • Advisory Board includes former CFOs from JP Morgan and Paypal.

Follow LATOKEN on social media to keep up with the latest news, and more!👇

Website

Twitter

Facebook

YouTube

Instagram

LinkedIn

Telegram Announcements

LATOKEN crypto exchange does not provide any investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like other assets, cryptocurrency is subject to market risk. Please do your own research and trade with caution.

--

--

--

#1 cryptocurrency exchange in liquidity for new digital assets and the leading platform for compliant multi-asset tokenization. http://go.latoken.com/start

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Crypto Roundup — October 18th

A Data Analyst’s Perspective on the fxhash Beta

Blockstack || Proof of Transfer and Stacking

Technical functionality of S-Wallet application

The Nr. 1 Unique Way to Secure Your Crypto Wallet Key

State of the Pub Address

Decentralized Finance (DeFi) Trends Further of Crypto

Genesis Founding Member: Alexander

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
LATOKEN

LATOKEN

#1 cryptocurrency exchange in liquidity for new digital assets and the leading platform for compliant multi-asset tokenization. http://go.latoken.com/start

More from Medium

Binance vs Coinbase — Which Is Better Really?

Introducing The Garden — a decentralised ecosystem launching on Binance Smart Blockchain

3. Introduction to Axelar and How it works

NFT — New investment vehicle or a bubble?

NTF | Ether-rocks are digital paintings of a regular rock.