Ethereum DeFi’s Sushi Rips 100% Higher After FTX Listing

Ethereum DeFi’s Sushi Rips 100% Higher After FTX Listing

Ethereum is undergoing its latest craze: SushiSwap, whose native governance token is Sushi (SUSHI). The coin took a strong drop after it was launched this past weekend, but has since bounced back.

Since bottoming around $0.70 just two days ago, the asset has exploded higher by 1,000%. The coin now trades for $6.60 and is up 120% in the past 24 hours alone.

A good portion of this move higher comes…

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