Will I get rich investing in SushiSwap? What will SushiSwap be worth in the next 5 to 10 years, and how will this impact my portfolio?
Looking at SUSHI’s past price action and forecasts on its expected future price performance, you get a feeling the DeFi token made its earliest investors rich and will make its current investor super-rich. How? You might ask. Well, in the first 8 months of operation, SUSHI’s value jumped up by close to 2000%, and most analysts are confident it will grow by as much as 2000% before 2030 - enough to make you insanely rich.
The optimism that SushiSwap token prices will continue rising is premised on the fact that having been around for slightly over a year, the DeFi token has successfully maintained an uptrend. It has also proved to be a hugely resilient investment product seeing that it was able to escape one of the most volatile dips in the crypto market.
Further, market sentiments indicate that traders are hugely bullish on the token. Crypto experts like John Todaro, the current Vice President for Crypto Assets and Blockchain Research at Nedhan & Company, have also added their views to the ranging SushiSwap future price performance debate and by presenting a strong case of SUSHI getting to $100 soon.
But what are the odds SushiSwap getting to $100? What will it be worth in the next few years, and how can you make money investing in SUSHI?
We will be answering all these questions below and telling you everything you need to know when buying the DeFi altcoin.
Can I Make Money Investing In SushiSwap (SUSHI)?
Yes, it is possible to make money by investing in SushiSwap. And there are two primary ways of creating wealth with SUSHI, i.e. investing and active trading.
Investing involves buying SUSHI tokens today and holding on to them for an extended period of time. To understand how you make money investing in SushiSwap, we will assume that you just bought SUSHI tokens worth $1000 and intend to hold them until they hit a per-token valuation of $100 as predicted by John Todaro. Assuming that it gets here in the next 8 years, you will have grown your investment by 2000% to reach $20,000.
Active trading, on the other hand, is a form of short-term investing that involves buying altcoins when they are lowly priced and selling them when their price peaks - consistently. It, for instance, involves buying SUSHI at the current price of $4.7 and selling it when it rises to reach $7. And if you are trading SushiSwap derivatives like CFDs, you can short the altcoin by buying at its peak price and selling when it dips.
To understand how much you can make trading SUSHI, we assume that you make a 10% weekly profits consistently. This will help grow your investment by as much as 500%+ in one year, and there is no telling how rich it can make you in just a few years.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Will SushiSwap (SUSHI) Eventually Reach $100?
Yes, it is highly likely that SushiSwap will eventually reach $100. The majority of crypto experts and investors are confident that SUSHI token prices will eventually grow by the 2000% required to get to $100.
But is it feasible?
Yes, with a maximum token supply of 250 million tokens, a per token valuation of $100 would only give SushiSwap network a market capitalization of $25 Billion. Most analysts agree that this is a fair value for the controversially-popular decentralized exchange. It is enough to help it reach among the top 20 cryptocurrencies but not enough to outdo the more innovative crypto projects like Uniswap or PancakeSwap.
So, when will SushiSwap reach $100?
The general feeling in the crypto market is that SUSHI will most likely reach $100 in the next 5 to 10 years - although a few analysts do expect it to hit $100 before 2025.
Technical analysts at Gov. Capital have the most optimistic view of the altcoin’s future price performance yet, and they believe that SUSHI can rise above $100 before March 2025.
An equally optimistic technical analysis report by CryptocurrencyPricePrediction indicates that SushiSwap token prices will soon embark on a strong rally that pushes their token prices well above the $100 target price by 2026.
Most of the other technical analysis platforms led by PricePrediction.Net indicate that SUSHI will only reach $100 after 2025 but before 2025. The analysis by this technical analyst platform, to be specific, indicates that SUSHI will break above $100 at some point in 2029.
Check Out: SushiSwap Price Predictions
What Will SushiSwap (SUSHI) Be Worth In 5 Years?
There is a lot of optimism about SushiSwap’s future price performance in the near future. Even though it has posted a rather depressing performance in the past few months due to the market drop, and maintains a relatively poor overall ROI, crypto experts and investors expect it to rebound and rise steadily over the next few years.
After careful technical and fundamental analysis of the altcoin’s future, crypto experts at CoinQuora have concluded that “SUSHI has a bright future ahead.” They indicate that SUSHI could rise above its current ATH before the end of 2022 and race up to $250 in the next 5 years.
Crypto pundits at Cryptonewsz, on the other hand, aren’t as optimistic about the coin’s future performance. Granted, they expect SUSHI prices to continue rising for the next few years. But they can only see it trading around $50 as it enters into 2026.
This dovish sentiment is shared by technical analysts from PricePrediction.Net. They, too, expect the SUSHI token’s value to grow, but at a moderate rate that helps it rise above the current ATH in 2025 before getting close to $45 in 2026.
Where Will SushiSwap (SUSHI) Be In 10 Years?
It is hard to accurately tell what an altcoin will be worth over the long term. Both the token and the crypto industry in which they operate are simply too volatile and unpredictable. At best, crypto experts and investors can only analyze its price action and price drivers technically and fundamentally and come up with estimates on the direction it will take moving forward.
For the case of SushiSwap, both the fundamental and technical analysts agree the DeFi token’s price will sustain its current uptrend. They expect it to be worth way more in the next 10 years than it is selling for today, and most are confident that it will have broken above $100.
Technical analysts at CryptocurrencyPricePrediction, for instance, have one of the most optimistic views of the DeFi token’s future price action, and they believe that SushiSwap will trade for as much as $279 in the next 10 years.
The online community on such social engagement platforms as Twitter and Reddit is also confident that SUSHI will sustain an uptrend for the next few years. The majority of contributors on these platforms have argued for the case of SUSHI breaking above $100 before 2030, with a chunk of optimists expecting it to hit this target price within the next 5 years.
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Is SushiSwap (SUSHI) a Good Long-Term Investment?
Yes, the majority of the crypto analysts and the speculative investment community are convinced that SushiSwap token prices will continue rising in the foreseeable future, which makes it a viable long-term investment.
They are confident that SushiSwap will maintain its current overall uptrend and probably break into a run when the market starts recovering or after the Bitcoin halving events in 2024 and 2028. They also believe that as the SushiSwap DEX undergoes more upgrades or enters into more collaborations, SUSHI’s value will shoot.
But how rich can SushiSwap really make you?
Well, assuming that you invested $1000 in the altcoin when it first launched in September 2020, you would be $5,000 richer today as its value has appreciated by more than 500% to date.
To see how much you can make investing in SUSHI in the future, we will assume that CryptocurrencyPricePrediction’s forecast is accurate and that one SushiSwap token will be selling for $279 in December 2030. This translates to close to 6200% in value gain, which implies that if you invest $1,000 in the altcoin today, you will most likely be $58,300 richer by the turn of the decade.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion: Should I Buy SushiSwap (SUSHI)?
Well, the decision to buy or not buy a highly volatile crypto asset like SushiSwap should be personal and informed by more than just our guide or similar commentaries online. That said, however, we must observe that the majority of the online community believes that SUSHI is a viable long-term investment worth adding to any crypto investor/trader’s portfolio. But before buying your first SUSHI token or stacking more, we would like to encourage you to do your own research and only start buying SUSHI if convinced that it aligns with your crypto investing goals.
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What Is SushiSwap? Should You Invest In SUSHI And Where To Buy It?