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[aryan4]

On-chain analytics firm Santiment shared the following:
---- "SUSHI became one of the most beautiful altcoins after BTC fell below $ 30,000 for a short time. Why is that? As always: whales… The amount of SushiSwap addresses with at least 100,000 SUSHI has increased at an unprecedented rate, and prices are generally following these high-value owners. " ----
What do you think of this altcoin?

 

[aryan4]

About a month ago there were transactions around 2.30-40 dollars. Its current price is around 7.24 dollars. It is really seriously collected and the price has made a very good premium.

 

[Niftyicon]

I became aware of this coin only recently and I am impressed by how well it's been doing. At this rate it would push past $10 soon enough.

 

[Brain]

New coin coming in daily to give the community positive vibes only. I think there are enough coins now by which one can give a better option of choosing one to invest in

 

[aryan4]

New coin coming in daily to give the community positive vibes only. I think there are enough coins now by which one can give a better option of choosing one to invest in

There are really many new coins coming out. Sometimes coins, which we have not heard of much, can also be recommended by analysts. I think we should be selective and careful when choosing.

 

[GoldenLady]

There are really many new coins coming out. Sometimes coins, which we have not heard of much, can also be recommended by analysts. I think we should be selective and careful when choosing.

I've just started following some analysts and it seems they do a nice job of informing their followers of altcoins with potential, but some are just too bad and it will be detrimental for noobs if they fall for their antics.

 

[aryan4]

I've just started following some analysts and it seems they do a nice job of informing their followers of altcoins with potential, but some are just too bad and it will be detrimental for noobs if they fall for their antics.

I follow some analysts closely, just like you. I highly appreciate the insights of analysts like Aayush Jindal. Some of them, as you said, can make quite unsuccessful analyzes, I think the suggestions given should be examined well.

 

[Brain]

There are really many new coins coming out. Sometimes coins, which we have not heard of much, can also be recommended by analysts. I think we should be selective and careful when choosing.

More like more research should be carried out when a new coin is introduced so that one wouldn't invest in trash coins that would turn out time wasting

 

[Balint098]

Yeah, whales can greatly affecting any crypto coin prices, but one tweet from Elon Musk is even more powerful even though he didn't buy any coin back when he raised doge to the roof.

 

[aryan4]

Yeah, whales can greatly affecting any crypto coin prices, but one tweet from Elon Musk is even more powerful even though he didn't buy any coin back when he raised doge to the roof.

When this news was published here on January 23, the price of the coin was around $ 7. As far as I have seen on the Binance exchange, there are now transactions over $ 16. Good earnings.

 

[achawaskey]

I think the coin was doing well when bitcoin was $30000 and also the swap for another coin also increase too. But what is the current prise of SHUSHI now at the market.

 

[Brain]

That's a massive improvement from this shushiswap coin. I see, you've been keeping close eye on the coin at binance.com exchanger. I still believe, its never too late for investment.

Yeah it never late for investment of this and other performing coins provided they are worth a better vslue and one wouldn't that to lose a lot from investing in them

 

[Brain]

You are

Yeah, it is never too late to invest on the coins, as long as volatility remains around Cryptocurrency. I keep close eye everytime at CMC to discover the lower defi coins that is good for long term investment.

You are doing the right thing, the crypto world needs people that can study the Dynamics very well before investing.it will help better than investing blindly

 

[Brain]

You're correct, the crypto world needs those that studies its dynamics, and understand how the market revolves, the coins improving and the ones sinking down. It will enable one to make profit by far higher than its losses. Only the ignorant ones invest blindly, accruing losses upon loss.

Sometimes I wonder how people thinks getting into an investment because others are doing it. This is like setting self up for losses. It isn't financially logical to me

 

[Wisdom01]

Once a coin have gotten so many whales like that ,the price volatility could be a worry to the ones that are subscribing to make more money

 

[Wisdom01]

You are really right , the huge fall and rise in price of those coins ,could discourage those subscribers who genuinely like the coin

Many subscribers prefers to invest huge amount in some coin , but they keep on observing the coin if its sorrounded by whales ,so it would not be taunted

 

[SCAMEXPOSER]

We keep learning on daily basis, this has exposed to the fact that we need to read the road map of every coin especially these DeFi coins they easily increase in value.

 

[aryan4]

After testing $23 in mid-March, the coin fell to $10 on 25.04.2021. On 18.05.2021, it made an increase above $ 22 again. Afterwards, BTC fell again to below $ 7 with the sharp decline movements.
Now, this money, which is traded above 11 dollars, seems to be in a very good place according to the market value, in the 57th place.

 

[LutherKing]

I have heard of this currency coin , the development is due the exchange platform offering vesting , along multiple gambling options attracting investors which is currently flowing as a solid one , so its progression is 20-30 $ in the near future as per my opinion

 

[SCAMEXPOSER]

After testing $23 in mid-March, the coin fell to $10 on 25.04.2021. On 18.05.2021, it made an increase above $ 22 again. Afterwards, BTC fell again to below $ 7 with the sharp decline movements.
Now, this money, which is traded above 11 dollars, seems to be in a very good place according to the market value, in the 57th place.

I would appreciate it more if you had mentioned the coin in question, I love analysis like this because it guides in cryptocurrency Investments or trading.