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SushiSwap (SUSHI) price prediction for 2023, 2025 and 2030

05 Sep, 2023
SushiSwap (SUSHI) price prediction

Technological progress has greatly altered how we think, strategise, and conceptualise, providing substantial benefits to cryptocurrencies such as SushiSwap. In this blog post, we will analyse the factors that have influenced SushiSwap crypto's price performance up to the present and discuss the potential catalysts that could shape its price trajectory in the coming years. In this blog post, we will delve into the exciting journey of SushiSwap, exploring its inception, growth, and potential future trajectory in terms of SushiSwap (SUSHI) price predictions for 2023, 2025, and 2030.

What is SushiSwap (SUSHI)?

SushiSwap crypto

SushiSwap is an Ethereum blockchain-based Decentralised Exchange (DEX) that enables the trading of ERC-20 tokens. It was founded in September 2020 by an anonymous developer called "Chef Nomi" and subsequently acquired by FTX Exchange. 

SushiSwap stands out by utilising the Automated Market Maker (AMM) model, which eliminates the need for order books and provides seamless liquidity to users. This simplifies the trading process compared to traditional DEXs, which often involve complex trade orders and can be challenging to navigate. 

One distinctive feature of SushiSwap is its incentive structure for Liquidity Providers (LPs). These LPs have the opportunity to earn the platform's native token, called "SUSHI," in exchange for providing liquidity. This incentivisation mechanism ensures a continuous revenue stream for LPs and contributes to the smooth operation of the platform.

SUSHI History

SushiSwap, a DeFi ecosystem, emerged as a competitor for Uniswap in August 2020. Its anonymous co-founders, Chef Nomi, SushiSwap, and 0xMaki, aimed to introduce higher rewards with SUSHI tokens. Controversially forking from Uniswap, SushiSwap faced liquidity issues. Chef Nomi's withdrawal of $14 million in ETH caused criticism but later returned to the project's fund. 

In September 2021, 0xMaki shifted to an advisory role, supporting new teams and the broader DeFi ecosystem. SushiSwap addressed allegations and joined Frog Nation in January 2022, seeking to become the most-used DEX. They remain independent and focused on their goals. A restructuring plan in April aimed to retain talent and improve transparency.

SushiSwap Features

Sushi crypto features

SushiSwap utilises a "Dutch auction" mechanism to determine token prices and operates on the Ethereum blockchain, benefiting from its security features. Transactions are secured using cryptographic signatures, while transaction fees (Gas) in ETH cover state changes. The protocol employs "netting" to optimise trades and reduce congestion.

While concerns exist about SushiSwap's security due to its newness and limited auditing, the platform is taking measures to improve. It offers a bug bounty program and seeks third-party code reviews. As it matures, these concerns are expected to decrease.

SushiSwap demonstrates promising scalability. It has successfully conducted token swaps on Ethereum's Rinkeby testnet, indicating preparedness for future demand. Its hybrid PoS/PoW consensus enables flexibility, responding well to network changes. Innovative features, such as batched trades, contribute to its efficiency and ability to scale effectively.

SushiSwap (SUSHI) White Paper

According to the white paper, Sushi is a Decentralised Exchange (DEX) that aims to be your all-in-one solution for decentralised finance (DeFi) needs. Using their preferred connected crypto wallet, it enables users to trade cryptocurrencies without relying on a central operator or administrator. With access to 11,700 cryptocurrency pairs and support for ten crypto networks (with more to come) through the newly launched cross-chain swap (SushiXswap), Sushi offers a wide range of trading options.

But trading is just the beginning; Sushi also provides various other services on its decentralised, community-driven platform. Users can earn, stack yields, stream, and vest all in one place. The products offered by Sushi are open-source and designed to maintain decentralised governance through SUSHI token holders. The community votes on major structural changes, while the day-to-day operations, pool rebalancing, business strategy, and overall development implementation are handled by a core team.

The core products of Sushi include a decentralised exchange (Swap), a decentralised multichain exchange (SushiXswap), yield instruments (Onsen), a base vault (BentoBox), an AMM framework (Trident), and a payroll solution for vesting and streaming (Furo). Each product contributes to the platform's robustness and ability to cater to various DeFi needs.

How Does SushiSwap Work

Earn Passive Income with Sushi Crypto

SushiSwap rewards liquidity providers with SLP tokens for staking, and users pay a 0.3% trading fee. 0.25% goes to the liquidity pool, increasing the token value for providers. The remaining 0.05% benefits SUSHI holders.

SushiSwap (SUSHI) Benefits

The advantages of SushiSwap are evident, such as its affordable fees, quick transaction speeds, and the opportunity to trade various cryptocurrencies. Moreover, SushiSwap's SUSHI token offers holders several perks, including rewards for staking and the ability to participate in governance.

Nevertheless, like any investment or trading platform, SushiSwap also carries certain risks. These consist of the volatility of cryptocurrency prices, the possibility of smart contract vulnerabilities or hacking, and potential regulatory interventions.

SushiSwap (SUSHI) Price Analysis

At the time of writing this SushiSwap price prediction on 3 August 2023, the token's price was $0.711786, with a daily trading volume of $40,517,003. SUSHI ranked #156 on CoinMarketCap, with a market cap of $164,346,112, a circulating supply of 230,892,656 SUSHI and a maximum supply of 250,000,000 SUSHI.

SUSHI price statistics (as of 3/08/23)

Current price


Market cap


Circulating supply

230,892,656 SUSHI

Maximum supply

250,000,000 SUSHI

Daily trading volume


All-time high

$23.38 (14/03/21)

All-time low

$0.4737 (4/11/20)


SushiSwap price history

SushiSwap Price History
SushiSwap Price History

SUSHI's price history shows some fluctuations. It reached $13.10 on 1 November 2021 after recovering from a dip in late September when it hit $8.50. However, it declined by 49% to $6.70 on 28 November 2021. By 20 December, SUSHI was still up around 80% since the start of 2021 but struggled to surpass its all-time high of $23.40 on 13 March 2021.

In 2022, SUSHI faced challenges, falling below $5 and dropping below $1 on 13 June 2022 due to the crypto market crash caused by withdrawal cancellations on the Celsius Network. Since then, the price has stabilised between $1 and $2, with some recovery in November after the FTX exchange's bankruptcy incident.

As of 30 November 2022, there were 127,244,443 SUSHI tokens in circulation out of a total supply of 244,542,059, resulting in a market cap of approximately $180 million, making it the 132nd-largest cryptocurrency by market capitalisation.

As of 3 August 2023, SushiSwap's price has experienced a positive increase of 2.58% in the last 24 hours, driven by increased trading volume and market cap. Over the past 7 days, SUSHI has been on an upward trend, showing a growth of 7.28%. This recent performance indicates strong potential and could present a good investment opportunity.

However, in the last month, the price of SUSHI has declined significantly, dropping by 40.486%. This sharp decrease means the token is currently in a dip, making it a potential opportunity for quick investment.

Over the past 90 days, SushiSwap has experienced a price change of -44.68%, fluctuating between a minimum average price of $1.21 and a maximum average price of $1.33.

In the past 4 months, SushiSwap has declined by 27.88%, with the maximum average price reaching around $0.99 and the minimum average price at around $0.93.

Investors should carefully consider these price trends and market conditions before making any investment decisions in SushiSwap.

SUSHI/USDT price chart


SUSHI technical analysis

Sushi technical analysis
Sushi technical analysis

Based on data from 3 August 2023, the general sentiment for Sushi's price prediction is neutral. Our technical indicators suggest that Sushi's 200-day SMA will decrease next month and reach $0.872697 by 1 September 2023. The short-term 50-Day SMA is estimated to hit $0.715268 by the same date. According to today's classical pivot point (P1) at $0.702161, Sushi has support levels at $0.681557 and $0.641280, with the strongest support at $0.620676. The resistance levels are at $0.742438, $0.763042, and $0.803320.

SushiSwap Price Prediction 2023

According to some, SushiSwap (SUSHI) is considered one of the most impressive cryptocurrencies of the year. The SUSHI price prediction for 2023 suggests a notable surge in the year's second half, possibly reaching $1.07. Like other cryptocurrencies, the increase is expected to be gradual, with no significant drops projected. Achieving an average price of $1.00 is ambitious but attainable shortly due to anticipated collaborations and advancements. The minimum projected value for SUSHI is $0.858103.

Is SushiSwap a good investment?

Based on SushiSwap price predictions, it is indeed considered a favourable investment. With its strong reliability and liquidity, SushiSwap stands out as a leading cryptocurrency in the market. While it may not experience exponential growth, it is expected to maintain stable performance. Investors and traders can confidently trade SushiSwap, as it offers the potential for good returns.

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SushiSwap (SUSHI) price prediction 2023-2050

With that all said, let's consider some of the SUSHI price predictions for 2023 and beyond.

WalletInvestor SUSHI price prediction for 2023, 2025, 2030, 2040 and 2050

WalletInvestor SUSHI price prediction
WalletInvestor SUSHI price prediction

According to WalletInvestor's SushiSwap crypto price prediction, there is a possibility of a downward movement in the year 2023, causing SushiSwap's price to decline to $0.0625 soon. If you plan to invest for 5 years, the potential returns may decrease over time. WalletInvestor forecasts the SUSHI token's price to drop to $0.03 in 2025. WalletInvestor's SushiSwap price prediction for 2030 averages $0.0178.

DigitalCoinPrice SUSHI price prediction for 2023, 2025 and 2030

According to DigitalCoinPrice's SushiSwap price prediction, the SUSHI token is projected to surpass $0.68. Additionally, by the end of 2023, SushiSwap is expected to have a minimum fee of $0.65 and a maximum of $1.61. The crypto's price is forecasted to average $2.51 in 2025 and grow to reach the $7.30 value in 2030. 

CoinCodex SUSHI token prediction for 2023, 2025 and 2030

CoinCodex's SUSHI crypto price prediction suggests that in 2024, the lowest estimated price for Sushi is $0.622251 based on historical price movements and BTC halving cycles. Additionally, the price of Sushi is predicted to reach as high as $1.651701 in the following year. Based on the same analysis, here is the projected Sushi price prediction for each year until 2030.

Long Forecast SushiSwap crypto price prediction for 2023, 2025 and 2030

According to Long Forecast's prediction, the average price of the SUSHI cryptocurrency will be around $0.61 by the conclusion of 2023. The forecast for SushiSwap in 2025 is $0.21; by mid-2028, the price is expected to increase slightly to $0.31.

Bitcoin Wisdom SUSHI price prediction for 2023, 2025 and 2030

According to Bitcoin Wisdom's SUSHI price prediction, SushiSwap is expected to exceed its previous all-time high values by 2030 and achieve new price levels. The projected minimum price is $5.98, while the maximum could reach $6.36. On average, the predicted price for SushiSwap is $6.13.

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SushiSwap (SUSHI) future forecast in general

SushiSwap's future forecast is mixed. Some predictions suggest a decline, while others indicate potential growth. WalletInvestor predicts a drop to $0.0625 in 2023 and $0.03 in 2025. DigitalCoinPrice projects it to surpass $0.68 and reach $7.30 by 2030. CoinCodex sees a range from $0.622251 to $1.651701 in 2024. Long Forecast expects around $0.61 in 2023 and $0.21 in 2025. Bitcoin Wisdom foresees a potential high of $6.36 by 2030.

How high can SUSHI go?

According to the SUSHI crypto token price predictions listed above, the SushiSwap price can trade towards $1.65 in a year.

SushiSwap price prediction today


The estimated price range for Sushi in August 2023 is projected to be between $0.80 and $0.92, with an average price of approximately $0.86.

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