Will the SushiSwap cryptocurrency eventually reach $100? If yes, when will it get here, and should you buy SUSHI now?
The short answer to these questions is, yes. It is highly likely that SushiSwap token prices will continually rise and eventually break above $100. And while the huge number of variables acting on both SUSHI and crypto market price performances make it almost impossible to accurately predict when the DeFi token will beat this target price, a section of the analysts and investors are confident that SUSHI can reach $100 before 2025.
We might add that virtually every price prediction metric we have consulted when coming up with this SushiSwap price prediction guide points to positive future price action for the altcoin. Of course, they have widely divergent views on what SUSHI will be worth in the next few months to many years down the line, but they agree that its price will sustain an uptrend - which makes it worth buying in 2022.
The optimism about SUSHI’s future is derived from the fact that at its peak, it had grown its introductory price by more than 1900%. And though it lost much of these gains during the mid-2021 crypto market crash, it has recovered and sustained an uptrend that will saw it end the year 3X up its value. Influenced by the overall market downturn, SUSHI's value has gone down but many still believe it'll soon recover and hit new highs.
In this post, we will be telling you when different analysts and investors expect SUSHI to hit $100, what happens when it eventually reaches this price target, and if SushiSwap will reach $50 before December 2022.
Read on.
When Will SushiSwap (SUSHI) Reach $100?
No one can tell with utmost accuracy when SushiSwap, or any other digital asset, will hit a specific price target, especially when you take into account the huge and impactful number of factors acting on its price.
However, after a careful examination of SUSHI’s past price action and a keen analysis of the DeFi token’s past price action, different experts have come up with different estimates of the price direction they believe SUSHI will take over the next few and when they believe it will get to $100. The most optimistic are confident that SushiSwap can reach $100 before 2025, but the rest can only see it getting here after 5 years but before 2030.
Crypto experts at Captain Altcoin, for instance, have a rather conservative view of SushiSwap’s future price performance. Though like everyone else, they expect SUSHI’s price to rise over the next few years, they expect the growth to be quite moderate. For instance, their analysis can only expect SUSHI price to grow by around 4005 in the next 5 years and to only reach $100 after 2030.
Technical analysts at PricePrediction.Net are equally conservative with their SushiSwap price forecast. But unlike the experts at Captain Altcoin, they are confident that SUSHI can reach $100 before 2030 - most likely at the tail end of 2027.
Leading the pack of optimists who believe that SushiSwap has a real chance of hitting $100 within the next 5 years are crypto gurus at RippleCoinNews. They expect SUSHI to remain bullish for the next few years. As the demand for the DeFi token rises, the larger crypto market recovers and the SushiSwap network rolls out new developments or enters into more strategic partnerships, these analysts anticipate that SUSHI prices will rebound and most likely break above $100 before December 2025.
As always, technical analysts at the historically bullish website, CryptocurrencyPricePrediction, are a tad more optimistic about SushiSwap’s future price performance. Their analysis report foretells a speedy recovery for the altcoin that expects SUSHI to rise above its current ATH in March 2023 and reach $100 by 2026.
The most optimistic forecast about SushiSwap’s future price performance is, however, provided by technical analysts at Gov. Capital. These expect SUSHI to have the swiftest recovery that sees it reach $100 in February 2025.
That said, what can we expect to happen when SushiSwap hits this target price?
Check Out: Is It Worth Investing In SushiSwap?
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What Will Happen If SushiSwap (SUSHI) Reaches $100?
When SushiSwap eventually reaches $100, here are a few things that we expect to happen:
Expanded market cap: SushiSwap has a maximum supply of 250 Million SUSHI tokens. This implies that as its per-token valuation rises towards $100, one of the most visible changes to the SushiSwap network will be its burgeoning market capitalization, which could reach as high as $25 Billion.
Expand its DEX’s reach: The demand for SUSHI tokens and the appeal of the SushiSwap decentralized exchange are expected to grow in tandem with the token’s price. Therefore, by the time the token price hits $100, experts and investors expect the SushiSwap DEX to blow in popularity, effectively increasing the total value locked (TVL) on the platform from the current $1.9 Billion and probably helping SushiSwap climb up the DeFi Pulse rankings.
Climb to top 20 Cryptocurrency: After giving SushiSwap a market capitalization of $25 Billion, a per-token valuation of $100 for SushiSwap climb up CoinMarketCap’s list of most valuable cryptocurrencies. It will most likely make it to the coveted list of top 20 valuable cryptocurrencies, which some analysts believe to be fair - especially when you consider it has the backing of the revolutionary AMM liquidity model.
Will SushiSwap (SUSHI) Reach $50 In 2022?
Well, it will not be impossible for SushiSwap to reach $50 in 2022, but the majority of crypto analysts and investors do not believe that the altcoin has what it takes to reach this price level in the next months. This pessimism is largely based on the altcoin’s poor past price action, the continued lacklustre performance by the larger crypto market, and the general dovish sentiments towards the crypto industry’s immediate future.
In the last 12 months, for instance, SushiSwap has only managed to grow its value by about 360%. To get to $50 by December 2022, it needs to more than double this 12-month growth rate.
But most analysts do not believe it can hack this, seeing that the crypto market - which plays the greatest role in determining SUSHI’s price direction, continues to struggle with recovery and nothing in the immediate future suggests the conditions will improve.
At best, crypto gurus from CoinQuora believe that with a recovering market and continued improvements on the SushiSwap network, SUSHI will most likely reach $45 in December 2022.
The earliest other optimist analysts like Gov. Capital and CryptocurrencyPricePrediction expect SUSHI token prices to reach over $25 in early 2023 if the crypto market conditions improve.
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Is SushiSwap (SUSHI) A Good Investment?
Yes, because its value is expected to rise over the next few years - effectively making its current investors incredibly rich. Crypto experts agree with this assumption when they argue that SushiSwap is, at its current price, massively undervalued and ready for an upward price correction.
Jeff Dorman, the CIO for ARCA - a crypto investing firm, for instance, recently tweeted that SUSHI is “now the most undervalued token in digital assets.” He argues that though SUSHI continues to trail the likes of Uniswap and PancakeSwap, its recovery is visible, and its business growth is fast.
With the help of in-network developments, growth in the DeFi ecosystem, and a boost from a recovering crypto market, Jeff is confident that SUSHI will soon shake off the low price tag and match its real value and a place among the most valuable cryptocurrency projects.
Sushiswap is also a good investment because it presents investors with multiple earning options. Long-term investors not only get to HODL and watch their SUSHI appreciate in value. Both SushiSwap and third-party DeFi apps like Metamask have launched different staking programs that let you earn interest on staked crypto assets.
Conclusion: Will SushiSwap (SUSHI) Reach $100?
Yes, it is highly likely that SushiSwap will reach $100. In fact, the majority of crypto analysts are confident that SUSHI can reach $100 within the next 5 years, while virtually everyone agrees that it will get here before 2030. They argue that SushiSwap will continue building on the positive price momentum it has created in the 15 months it has been around before receiving a boost from the likes of a recovering crypto market as well as upgrades to the SushiSwap network.
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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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