Is SushiSwap (SUSHI) Expected To Reach $100 Or More In The Next 5 Years?

Last Updated February 7th 2022
7 Min Read

Will SushiSwap token price eventually reach $100? Importantly, what will SUSHI be worth in the next 5 years?

Well, the majority of crypto analysts and investors are overwhelmingly confident that SushiSwap will reach $100 in the next 5 years. They are confident the DeFi token has everything it needs to resume the early 2021 price rally and grow its value by the 2100% required to get it to $100 by 2026.

Much of this optimism towards SUSHI’s future price performance is tied to the DeFi token’s impressive past price action, its show of resilience, and the backing of the highly innovative AMM liquidity model. These optimists are also banking on a recovering-to-rallying crypto market and growing popularity of the DeFi ecosystem to help SUSHI reach $100 in 5 years.

They are hoping that SUSHI can replicate the impressive value gain that SushiSwap recorded in its first 6 months of operation, where it appreciated by more than 1900% to set its current all-time high of $23.

In this SushiSwap price prediction guide, we will be helping you understand the chances of SUSHI getting to $100 in the next 5 years by referencing different crypto experts and technical analysts.

First, though, we need to understand its past price action and what it says about the token’s future price performance.

SushiSwap (SUSHI) Price History 2020 Τo 2022

SushiSwap launched as a Uniswap fork in late August 2020 and, according to data from CoinMarketCap, ended its first day of trading - 29th August 2020 - selling for $1.20. Less than 24 hours after its launch, DeFi investors had moved more than $150 million into Sushiswap liquidity pools, a move that helped SUSHI token’s value appreciate by more than 750% to reach $9 by 1st September.

But Chef Nomi, the pseudonymous SushiSwap creator, liquidated his SUSHI holdings in what seemed like an exit scam, tanking the token prices below their introductory price in the process. The altcoin prices only started climbing again in January 2021, largely driven by the price rally sweeping across the crypto markets. This rally peaked on 13th March when it set the current ATH of $23, and SUSHI traded around this price level until mid-May, when the market crashed.

By the third week of June 2021, SushiSwap had lost close to 75% of its peak price, and though it has attempted multiple comebacks over the last 6 months, they have all been largely unsuccessful. The market drop in the end of the year influenced SushiSwap's prices as well. Crypto experts, however, take solace in the fact that it has maintained an overall positive uptrend and has also proved to be quite a resilient crypto asset. They believe that it is in consolidation and that it is only a matter of time before it jumps resumes its early 2021 uptrend.

Check Out:  Is SushiSwap A Good Investment?

So Will SushiSwap (SUSHI) Reach $100?

It is highly likely that SushiSwap will reach $100 in the next few years. The general feeling in the crypto market is that SUSHI token prices will continue rising, with the majority expecting it to reach $100 in the next 5 years, and virtually everyone is confident it will have broken past this target price by 2030.

But even before we look at when different experts believe SUSHI will get to $100, we need to ask if this target price is feasible.

The answer to this is yes, a per-token valuation of $100 for SUSHI is feasible, and you only have to look at two factors to understand why. First is the fact it would give the SushiSwap network a market cap of $25 Billion, which most analysts believe is a fair value for the 10th most popular DeFi project. At the current price of $4.7, SUSHI only needs to appreciate by 2100% to reach $100, and some analysts believe that it is one rally away from hitting this milestone.

But when do different crypto analysts expect SushiSwap to reach $100?

Crypto experts at CoinQuora are hugely bullish on SushiSwap’s future price action and expect it to hit $100 at some point in 2024 before rallying further and going into 2026 selling above $250. In getting here, these experts are banking on upgrades to the SushiSwap network, collaborations and partnerships with other brands, as well as a recovering crypto market.

Technical analysts at Gov. Capital are equally optimistic about SUSHI’s future price action. They expect its prices to rebound and get back to its early 2021 highs by the end of the year, and rise above $45 in mid-December 2023.

The historically bullish technical analysts at CryptocurrencyPricePrediction are also optimistic about SUSHI’s future price performance. Their analysis indicates that SushiSwap will begin its rebound in earnest and most likely rise above its current ATH in February 2023 before rallying further and shuttering the $100 target in 2026.

Among the few conservative analysts who foresee a rather slow recovery for SUSHI token prices are technical analysts at PricePrediction.Net. These believe that SUSHI’s rebound will be moderate and expect it to rise above its current all-time high by 2025 and to only hit $100 in 2029.

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Will SushiSwap (SUSHI) Eventually Reach $1000?

It is not impossible for SushiSwap to eventually reach $1000 in future, but nothing suggests that it will get here any time soon. In fact, the majority of crypto experts and analysts do not believe that SUSHI has what it takes to reach $1000 in the next 10 years.

The dovish view of the altcoin’s future price action is informed by the level of growth required to get SUSHI to $1000 and the demand for DEX services. Currently selling at an average price of $4.7, crypto experts do not believe that there is enough demand from SushiSwap DEX services or the SUSHI token to grow its value by the 22320% required to help the altcoin reach $1000 by the turn of the decade.

At best, technical analysts at CryptocurrencyPricePrediction believe that SUSHI will be trading around $280 in 2030.

What Will SushiSwap (SUSHI) Be Worth In 2026?

The general feeling among crypto experts and investors is that SushiSwap token prices will continue rising over the next few years. Virtually all the price forecasting metric we have interacted with when coming up with this guide indicates that SUSHI will maintain an uptrend and expects it to sell for between $50 and $370.

Pundits at Cryptonewsz have a rather conservative view of SUSHI’s future price performance. They indicate that they expect the DeFi token prices to continue rising but can only expect it to reach $50 in the next 5 years.

At Ripple Coin News, analysts are a tad more optimistic about SUSHI’s future price action. They are confident the altcoin can rise above its current ATH and reach $30 by December 2022 and push this price well above $100 by 2026.

The most optimistic SUSHI price forecast is, however, provided by technical analysts at Gov Capital. They believe that by the end of 2026, SUSHI will be selling for $224.78.

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Conclusion: Will SushiSwap (SUSHI) Reach $100 In 5 Years?

In truth, no one can tell what SushiSwap, or any other cryptocurrency, will be worth in 2026 or the direction its price will take in the next 5 years. However, after a thorough analysis of the altcoin’s past price action and the impact that further developments on the SushiSwap network and the larger crypto industry have on SUSHI’s price, experts and investors have concluded the DeFi token’s value will continue rising. The majority expect it to rebound and get back to its early 2021 prices by 2023 and to reach $100 within the next 5 years. The most optimistic are confident it could be selling for as much as $280 by this time in 2026.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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