SushiSwap (SUSHI), created through a hard fork by directly utilizing the source codes of Uniswap, stands as a decentralized market maker or AMM. Initially developed and launched by the anonymous Chef Nomi, SUSHI subsequently became a major topic of discussion within the cryptocurrency market, primarily for negative reasons.
Following the swift success of the SushiSwap exchange, Chef Nomi left the project just as it was being listed on Binance. The listing on Binance saw the price of SUSHI initially skyrocket, only to plummet below one dollar later. Chef Nomi vanished with millions of dollars by cashing out the special founders’ share before this price drop was announced.
After this move by Chef Nomi, Sam Bankman-Fried, the CEO of the FTX cryptocurrency exchange, took over the project and contributed to the development of SUSHI Coin. SUSHI quickly rose to a position close to Uniswap, a leader in its own right within the DeFi sector, refreshing its all-time high in terms of price. Positioned as an automatic market maker, Sushi ascended to become the second-largest decentralized cryptocurrency exchange on the Ethereum network after Uniswap. Despite this success, due to increasing transaction fees, SUSHI recently entered and became available on the Binance Smart Chain network as well.
Where to Buy SUSHI Coin?
SUSHI can be purchased from the world’s largest cryptocurrency exchange, Binance. Binance holds the highest liquidity for the SUSHI/USDT trading pair and continues to be the top choice for users thanks to its additional security features. After creating an account on Binance, users can easily buy SUSHI by sending USD to their account.
