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29 November 2020

SushiSwap's SUSHI Continues Ascent, Rallies 10% on $1B in Deposits

SushiSwap's SUSHI Continues Ascent, Rallies 10% on $1B in Deposits


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The decentralized exchange’s liquidity has seen an exponential explosion over recent days while the SUSHI token itself has gained 200% from the local lows set just weeks ago.

SUSHI has bounced over 200% from the local lows set just weeks ago.

This is a result of SushiSwap launching SUSHI liquidity rewards for the pools from which Uniswap pulled UNI rewards, resulting in a rapid shift from Uniswap to SushiSwap.

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