The price of SUSHI, the native token of decentralized exchange SushiSwap, has risen 38% in the past 10 days.
This happens for 2 main reasons:
1 Its merger with DeFi giant Yearn.finance.
On December 1, Andre Cronje, creator of Yearn.finance, announced its merger with SushiSwap. Over the following week, the price of SUSHI increased 75% from $ 1,541 to $ 2,496.
2. The SUSHI protocol is developing on its own orbit and on December 5 Quantstamp announced that it will re-examine the entire SUSHI Protocol, which, when completed, will reinforce investor confidence in the project.
In the short term, the key to SushiSwap continuing to grow and go up in its trajectory and volume is inevitable and once again whether investors will come back and join in its development or not?
