Will SushiSwap (SUSHI) Reach $100?

Last Updated February 7th 2022
8 Min Read

Will SushiSwap’s (SUSHI) price eventually reach $100? Importantly, what will Sushiswap be worth in 2025?

Well, the general feeling within the crypto market is that SushiSwap token prices will resume rising in the foreseeable future, and most forecasters are confident it could rise above $100 in the next 5 years. In fact, the majority of crypto analysts and investors were confident that Sushiswap would break above $100 before the end of 2021, at the height of its wild price rally earlier in the year.

For instance, John Todaro - the current Vice President Crypto Asset and Blockchain Research at Needham & Company - had, earlier in 2021, used the ‘Divided Discounting Model’ to prove that SushiSwap DEX had an intrinsic market valuation of $12.6 Billion and argued for a case of one SUSHI token hitting $100 soon.

But the crypto market has since crashed, and SushiSwap token prices have dipped.

At the time of writing, the crypto market is quite unsteady, and Sushiswap, like all other cryptocurrencies, is struggling to maintain a high price. And even though it has maintained an overall positive uptrend, its value gain for the last few months has been robbed of vigour.

Looking at its emaciated price action throughout the last quarter of 2021 has everyone wondering if SushiSwap can reach $100 or even $1000. If yes, when can we expect it to get there?

We will be answering all these and telling you everything you need to know about SushiSwap’s price action in this SUSHI price prediction guide.

For starters, though, let us go over SushiSwap’s past price action.

SushiSwap (SUSHI) Price History 2020 To 2022

SushiSwap token pries have been performing dismally for the last six months. With a circulating supply of 127 million tokens and a current market capitalization of $780 Million, it has been trading between $4 and $12 for the last 30 days. But it hasn’t always been performing this dismally because, on 18th March, it had hit an all-time high of $23.

Launched in September 2020 as a fork of Uniswap Decentralized Exchange (DEX), the SUSHI token had an introductory price of $2.9. In the months that followed, it broke into one of the wildest price runs that saw it appreciate by close to 800% by March when it set the current ATH. It would, however, lose more than 50% of this value and dip to $10 in the last week of April before recovering and getting back above $20 a month later.

But as the crypto market crashed, SushiSwap token prices contracted, shedding more than 67% of its value between 19th and 24th May. Six months later, the altcoin was yet to recover from this dip and is currently trading more than 75% below the peak price. The market drop at the end of 2021 dragged SUSHI's price further down but it's been trading around the $5 mark.

Do we then expect it to reach $100, and if yes, when? We answer this by referencing different crypto expert and crypto analyst forecasts.

Check Out:  What Is SushiSwap? Should You Invest In SUSHI And Where To Buy It?

So, Will SushiSwap (SUSHI) Reach $100?

Yes, even with its not-so-impressive price action for the last 6 months, the majority in the crypto community are still confident that SushiSwap will reach $100. But, unlike in early 2021, when the majority expected SUSHI to hit $100 before 2022, only a few crypto experts and analysts expect it to hit this target in the next 5 years.

The majority have adjusted their forecasts and can only expect SushiSwap to reach $100, probably within the next 10 years.

Crypto experts at Captain Altcoin, like the rest of the crypto industry, are convinced that SushiSwap token prices will continue with an uptrend. But their analysis indicates the DeFi token will only get to $100 after 2030, but most likely before 2040.

According to technical analysis by PricePrediction.Net also indicates that SushiSwap token prices will continue rising for the next few years. It indicates that SUSHI’s road to recovery will be rather slow, and they expect it to rise above the current all-time high in 2026 before breaking into a run that helps it reach $100 in 2028.

CryptocurrencyPricePrediction is a tad more optimistic about SushiSwap’s recovery, and their analysis suggests the DeFi token will rise above its current ATH by February 2023. It then suggests that SUSHI’s token price will break above $100 by 2026.

Gov. Capital also has an optimistic view of SushiSwap’s future price action. Through machine learning and technical analysis, the brokerage indicates that SushiSwap will have a rather speedy recovery that pushes it above its current ATH by February 2023. In the next 24 months, it indicates that SUSHI’s value will have appreciated by the 2100% required to push its price above $100.

The majority of investors and speculators on such social media communities as Reddit Community are also convinced that SushiSwap has all it needs to reach $100 soon. The general feeling here is that SushiSwap’s recovery will to a large extent, be hinged on the performance of the larger crypto market and DeFi ecosystem’s growth rate.

But what next after getting to $100? Can we expect SUSHI to possibly reach $1000 in the future?

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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 $1000?

It is not impossible for Sushiswap token prices to eventually reach $1000, but it most won’t get to this price level any time soon. The majority of analysts aren’t even confident that it can get to $500 in the next 10 years, and some, like the crypto pundits at Captain Altcoin, argue that their “analysis model sees no possibility for SushiSwap to reach $1000 in the short to medium term period.”

So, why doesn’t the crypto market believe SUSHI can get to $1000 in the next few years? Our crypto experts at Trading Education have come up with three possible explanations.

First, they reckon that there currently are more than 250 million SUSHI tokens, and a per-token valuation of $1000 would give the DEX a market capitalization of $250 Billion. With the slow-paced growth being experienced in the DeFi ecosystem combined with the low uptake of decentralized exchange services, they do not think there is enough demand to push SUSHI token prices this high.

Secondly, they have argued that even in its wildest rally yet, its growth rate could not hit 1000%. Given its current average price of $4.7, it will need to appreciate by close to 17000% if it is to reach $1000. Given its shaky price action and the larger crypto market’s poor performance, they don’t expect SUSHI to make such a momentous jump any time soon.

Lastly, and as an emphasis on why it will be hard for SushiSwap to grow its market cap this high or post such momentous price jumps, we have to consider the stiff competition it faces from the likes of Uniswap. The competition from other DEXs in the DeFi space has limited the pace with which SushiSwap grows its community, which effectively robs it of the throbbing community and buying force needed to catapult its altcoin prices.

Read Also: Is It Worth Investing In SushiSwap?

What Will SushiSwap (SUSHI) Be Worth In 2025?

The general feeling within the crypto community is that SushiSwap token prices will continue rising in the foreseeable and that SUSHI will be worth more in 2025 than it is today. The different crypto experts and technical analysts that we interacted with when coming up with this SushiSwap price prediction guide indicate that SUSHI will sell for between $50 and $384.

Crypto experts at CryptoNewsz are confident that SushiSwap will most likely sustain an uptrend for the next 5 years. They expect a recovering crypto market to help push the altcoin above its current all-time high by the end of 2022 and to trade for around $50 by December 2025.

Analysts at CoinQuora are hugely optimistic about SUSHI’s future price action. They expect the altcoin to enter into a series of partnerships and collaborations and roll out innovative updates in the next few years that will be instrumental in helping SushiSwap rise above $100 in 2024 before breaking above $250 by December 2025.

The most optimistic view of SUSHI’s future price action is, however, provided by Gov. Capital. A report by the technical analysis and machine learning forecaster indicates the altcoin will cross the $100 price target in December 2024 and trade for as much as $155 in December 2025.

Don't Miss: SushiSwap Price Predictions

Conclusion: Will SushiSwap (SUSHI) Reach $100?

No one can tell with utmost accuracy if SushiSwap will ever reach $100 or accurately predict when it will get here. But going through this guide and both expert and investor commentaries online, you will notice the level of optimism that the crypto industry has on SUSHI’s future price action. They are convinced that SushiSwap will eventually get to $100, probably before 2030 and that it will be selling for between $50 and $384 in 2025.

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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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