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Author Topic: What do you think about Sushiswap ?  (Read 585 times)
TeleShoper
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September 05, 2020, 03:06:26 PM
 #1

What do you think about Sushiswap?

Hi, guys! Yesterday my friend send me the sushi swap project and told me that it's a great project to invest in Binance.

What do you think is this project is good enough to invest?

I am doing some research before put money in their token.

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qomariah95
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September 05, 2020, 03:09:21 PM
 #2

The concept is good. But to trade in the present, maybe is the right time. Because the price of Sushi has decreased. So the price is now a great time. Even before that I invested in sushi at the price of $9. There are also many interesting programs from this project, so that more sushi rewards can be obtained.

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September 05, 2020, 03:24:44 PM
Merited by Slow death (1), bitcoindusts (1)
 #3

Your friend probably doesn't even know that the sushiswap dev dump $8 million tokens. He's trying to pull a Charlie Lee if you know what I mean. Many of the previous supporters have lost confidence because of what he did. You know what happens to projects like that? It drops tremendously.

Binance just listed that token because they want the trading fees from users like your friend who are riding the DeFi hype. Not all projects in there are legit and if you want to check how it's performed after the hype - https://coinmarketcap.com/currencies/sushiswap/historical-data/

If you're going to buy now, you're only giving your money to the people who are waiting to dump and exit. Careful.

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bitcoindusts
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September 05, 2020, 03:30:05 PM
 #4

Your friend probably doesn't even know that the sushiswap dev dump $8 million tokens. He's trying to pull a Charlie Lee if you know what I mean. Many of the previous supporters have lost confidence because of what he did. You know what happens to projects like that? It drops tremendously.

Binance just listed that token because they want the trading fees from users like your friend who are riding the DeFi hype. Not all projects in there are legit and if you want to check how it's performed after the hype - https://coinmarketcap.com/currencies/sushiswap/historical-data/

If you're going to buy now, you're only giving your money to the people who are waiting to dump and exit. Careful.


Good catch, I would avoid this kind of project where developers are eagerly dumping their token to unsuspecting investors.  This kind of developers should be sued of malicious intent of tricking their investors and supporters.  This case falls under fraud where one take advantage of the trust of people and tricking them to gain financial advantage.

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September 05, 2020, 03:40:37 PM
 #5

What do you think about Sushiswap?

Hi, guys! Yesterday my friend send me the sushi swap project and told me that it's a great project to invest in Binance.

What do you think is this project is good enough to invest?

I am doing some research before put money in their token.


I think the Binance sushiswap list is too normal, we cannot because a token is traded on a large platform and forget to consider other aspects. I only trust the projects listed on Gemini and coinbase.
The tokens that want to be listed on Binance only need to spend 50BTC to do that. The builder of the sushiswp project has earned more than 17000ETH (equivalent to $ 6 million at present) by selling all the tokens he holds. Perhaps the project is over, do not trust his promises.

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Bitbuffalo
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September 05, 2020, 03:53:01 PM
 #6

Its a fork with no vision, just a meme token. Go look at something that wants to improve on defi. www.fiscus.fyi

Thank me later
rizkyalhabsy
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September 05, 2020, 06:13:40 PM
 #7

What do you think about Sushiswap?

Hi, guys! Yesterday my friend send me the sushi swap project and told me that it's a great project to invest in Binance.

What do you think is this project is good enough to invest?

I am doing some research before put money in their token.



I think it is suitable for investment because this token has entered into the well-known exchanges in the crypto world. new tokens are competing to enter the exchange like Binance. invest hodl and dont panic!!!

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September 05, 2020, 06:18:20 PM
 #8

I'm not sure if they are actually legit. I hope they are, but since the founder who actually sold all his tokens for eth, is anonymous. People are accusing them for an exit scam.

It's trading badly right now. People are uncertain and I don't know if the price can recover with this situation. I hope you did not put your money on it. Just a tip, don't ever invest in something without a basis, a historical price or fundamentals. Speculation can give large profits but it is a huge gamble that can also lead to huge losses.

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September 05, 2020, 06:24:31 PM
 #9

I dont know too much about this project, but its price has collapsed so many times since it went up to $ 7 a few days ago. The price is down more than 70% today and I believe it will continue to fall, obviously we need to be really careful with the Defi projects and never Fomo them.

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Mulann2
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September 05, 2020, 07:12:45 PM
 #10

I can only think about getting a sushi bite  Grin
Am still speechless about the name choice, out of the many possible names out there why the developers decide to go with sushi as a project name, anyways, other than the catching name, I don't know anything about this project and I feel it doesn't appear like something created out of seriousness.

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September 05, 2020, 11:35:19 PM
 #11

What do you think about Sushiswap?

Hi, guys! Yesterday my friend send me the sushi swap project and told me that it's a great project to invest in Binance.

What do you think is this project is good enough to invest?

I am doing some research before put money in their token.



I think it is suitable for investment because this token has entered into the well-known exchanges in the crypto world. new tokens are competing to enter the exchange like Binance. invest hodl and dont panic!!!

Entering a well known exchange does not mean it is a promising one.  They just have the money to be listed, and since they spend to much for listing, they need to recover the money spend on listing.  So as a result, you see a huge dump of token that crashed the price of that token's market.  It is always best to study, research and think multiple times any venture you have in mind.

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September 06, 2020, 01:43:51 PM
 #12

I can only think about getting a sushi bite  Grin
Am still speechless about the name choice, out of the many possible names out there why the developers decide to go with sushi as a project name, anyways, other than the catching name, I don't know anything about this project and I feel it doesn't appear like something created out of seriousness.

It has sense, I see twitter of CEO with Panda avatar
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September 06, 2020, 03:33:58 PM
 #13

~
Good catch, I would avoid this kind of project where developers are eagerly dumping their token to unsuspecting investors.  
Another thing is, this anonymous dev actually promised that he's not going to dump a week ago.

(source)

This kind of developers should be sued of malicious intent of tricking their investors and supporters.  This case falls under fraud where one take advantage of the trust of people and tricking them to gain financial advantage.
Any of the investors can try to sue but I doubt it will result to any arrest. Such is the nature of unregulated markets like cryptocurrencies. Can you imagine some guy over the internet just made millions from thin air? Yeah, there's a code, "product" and all that stuff but those are definitely not worth millions. The burden is always on the part of the investors - Caveat Emptor.



@TeleShoper, are you still following this? The sushiswap developer already transferred control of the project to FTX CEO SBF Alameda. Some say that guy is the biggest sushi bagholder right now and that means he's another potential dumper. I'm pretty sure he will shill the shit out of sushi and sell his tokens sooner or later.

What's going to happen to the original sushi dev? He'll probably ride into the sunset with his new money.

(Source)
^ Like I said above, he lied about the dumping.

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September 06, 2020, 05:15:42 PM
 #14

This is a scam coin and full with agenda.

After the CEO was dumping its token and how is it possible for the FTX CEO was approving to take over the control of the sushi swap? This a big BS today that I can see that in my life.

Binance and FTX were also getting involved in this crap scenario.

Never try to think to buy this crap coin.

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September 06, 2020, 05:29:51 PM
 #15

The very idea of Sushiswap is not a bad... But the creator has behaved very dishonestly! However, after buying a project by the creator of the FTX exchange, things may get better...
However, I would not invest in such a project anyway. The name alone repels me personally! Grin

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September 06, 2020, 08:03:23 PM
 #16

What do you think about Sushiswap?

Hi, guys! Yesterday my friend send me the sushi swap project and told me that it's a great project to invest in Binance.

What do you think is this project is good enough to invest?

I am doing some research before put money in their token.



I think it is suitable for investment because this token has entered into the well-known exchanges in the crypto world. new tokens are competing to enter the exchange like Binance. invest hodl and dont panic!!!

Entering a well known exchange does not mean it is a promising one.  They just have the money to be listed, and since they spend to much for listing, they need to recover the money spend on listing.  So as a result, you see a huge dump of token that crashed the price of that token's market.  It is always best to study, research and think multiple times any venture you have in mind.

but make no mistake in the exchange which is known to greatly affect the token, can it be a measure of whether it is true or not?

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September 07, 2020, 05:46:08 AM
 #17

After sushi has already taken by the FTX exchange site and then it looks like worth to hold some. The latest recovery is happening with sushi after the announcement that has already made by its old creator.

The only problem was the old creator has been making a lot of people were loosing their money as the dump that has already made was injuring the market.

I will not say this is a good coin to invest but after the acquisition I can call this enough.


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Blender
 
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rodskee
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September 07, 2020, 06:01:06 AM
 #18

After sushi has already taken by the FTX exchange site and then it looks like worth to hold some. The latest recovery is happening with sushi after the announcement that has already made by its old creator.

You need to read carefully and needs to keep updating yourself as there's always potentials, like now the current
growth is good enough for traders who bought when the price plunged  happened.
It's regaining back and based from CMC the value rises twice from the yesterday trades.

The only problem was the old creator has been making a lot of people were loosing their money as the dump that has already made was injuring the market.

The people who invest when the pumped happened are very disappointed with how things went out, most of them loses their money, maybe
other investors tend to hold and wait than to lose that much from the downfall that take place.

I will not say this is a good coin to invest but after the acquisition I can call this enough.

Better to learn more before doing any action, currently the price is quite good if you are willing to wait for the last time ATH.

cryptoaddictchie
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September 07, 2020, 06:34:10 AM
 #19

After sushi has already taken by the FTX exchange site and then it looks like worth to hold some. The latest recovery is happening with sushi after the announcement that has already made by its old creator.
Actually that news is really surprising. It seems CZ save himself from dissapointment and shamed. Since he list a project that the owner dumped his devshares. Actually I almost thought sushi will be delisted and being abandon but a brilliant move by FTX and alameda to take over the project. Now the situation changed and maybe we could see a lot more improvement under the new management.

Better to learn more before doing any action, currently the price is quite good if you are willing to wait for the last time ATH.
Actually the fud happened and the price of sushi becomes bargain. Lucky those who bought this dip and suddenly a big news arrived its seems their purchase has been supported. For future trading itts good to have position now on Sushi.





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rz20
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September 07, 2020, 07:03:35 AM
 #20

After sushi has already taken by the FTX exchange site and then it looks like worth to hold some. The latest recovery is happening with sushi after the announcement that has already made by its old creator.
Actually that news is really surprising. It seems CZ save himself from dissapointment and shamed. Since he list a project that the owner dumped his devshares. Actually I almost thought sushi will be delisted and being abandon but a brilliant move by FTX and alameda to take over the project. Now the situation changed and maybe we could see a lot more improvement under the new management.


So that was the reason why SUSHI is making a 100% return tonight. Binance got a bit lucky this time otherwise the backlash would have been huge IMO. If the FTX wouldn't have come to the rescue then the price would have kept dropping.
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