What do you think about Sushiswap ?

[Michel_Official]

As sushiswap CEO sell his/her tokens, it don't look like fine. Also, newly investors are in so much fomo that don't research properly and invest in the wrong projects. So it's better to don't get in fomo to invest in defi space.

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[CaVO32]

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.

This is really not a very good investment in my opinion as the dev already dumped huge amount of tokens. What is the reason why he would do such thing? If the dev alone discarded his tokens, then he has good reasons why he opted that. Not a true believer of their own platform? Also, we don't know if FTX can really salvage this project in the long run. So in my opinion, better stay away from this, as the future is bit hazy on this one.

[ampu]

Sushiswap has changed the operator, now the CEO of FTX exchange has taken over sushiswap. The value of sushiswap immediately increased from $ 1 to $ 2.6 yesterday.
In response to frustration from Binance's founders, CZ claimed he did not know the owner of the sushiswap project and he listed sushiswap because the business needed to be like that and he listed it because it was the needs of the market. CZ discourages people from buying sushiswap and everyone is responsible for their actions.
I think sushiswap is the most interesting gamble in DEFI world because there are the most dramas in a week. As for CZ, his intolerance only made the community angrier. Maybe he's better off opening a casino than a cryptocurrency exchange.

[lienfaye]

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.

If this is the case then its better to stay away to this project and find another that is worth to invest your money.

Dumping $8 million tokens has an impact to its price and probably those who buy at higher value are just waiting to sell and get their money back.

Do a research before investing.

[bttmember]

What i know is that the owner of sushi tokens has dumped his own coins and he plans to come up with new project and tokens atleast this is what i have read and there are no more information available yet about how things will proceed but most of investors are facing heavy loss at the moment.

[bastian466]

Not interested in things that many people talk about, usually it will not last long, new things for me must be filtered carefully if you want to invest in them because they contain a large risk

[target]

Surprising how much volume to this Sushi today even when it had drop this low after he controversial exit exam of its CEO.  CZ already had tweeted about them being scam I wonder if he delisted it already.

There was an article just recently that the Sushi project already has a new CEO which maybe had helped the confidence for the investors.  I wouldn't be so sure about this game they have. But there are more Defi projects out there than this one.

[minatour]

Nothing specifically is special about this project apart from listing on binance which is one of the best exchange but still I don't think I can invest in the project, those investing should invest with what they can afford to lose.

[tippytoes]

Surprising how much volume to this Sushi today even when it had drop this low after he controversial exit exam of its CEO.  CZ already had tweeted about them being scam I wonder if he delisted it already.

There was an article just recently that the Sushi project already has a new CEO which maybe had helped the confidence for the investors.  I wouldn't be so sure about this game they have. But there are more Defi projects out there than this one.

Don't trust what we are reading right now. Because that might be a trap for all we know. Just to entice buyers before they totally exit from the project. It is hard to trust projects with questionable background, because we don't know what they are cooking behind that curtain. So to be safe, let the dust settles and see what's in store for you after.

[NavI_027]

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

No offense but it seems your friend is finding someone to dig for a grave jk . Look on how sushiswap's price drop, it falls so hard. The last time I checked for its price after I bumped into a related thread it costs $3 something. And now it only costs $2.79 (based on CMC). See? Do you really consider it a good project? Nah I don't think so. But well, it is still on its early stage so it's unfair to already make a conclusion in this defi. But in my perspective, the bubble already bursted thus you can't guarantee that it will bounce back. Try other old coins instead.

[gaston castano]

What's else, if not to say the hype defi scheme, some defi have experienced a very deep decline when BTC fell this week the average is above 30%.
There are so many defi coins listed on Binance, Ceo Binance said if we don't list defi coins then the money will move elsewhere so we are.
so CZ listed the defi and said that all defi / no coins had a high risk.

[yazher]

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.

You're doing the right thing anyway, those people who tell that such coins are the right one to invest your money with are of two kinds. whether they intend to make some hyoe or they've just carried away from what they've seen in the market about the price of those coins and in any minute the tide could be turn at any moment. that's why we need to have our own research before doing the first move and asking questions here about that matter is also a good initiative.

[AlexAtom]

I think it is not a big deal, their project is based on the hypes around them. I would say it is too risky to invest on such project.
Just looking at the price history, we know the volatility of sushiswap is very high although it listed on top exchange like Binance.
But when investing in high volatility coin, you will have big profit or big loss easily.
My conclusion is, if you love risk, it is ok to buy the coin, but if you want safer option, don't buy it.

[3meek]

This amount of blocked money in a project with a funny name SUHI scares me!
1,239,997,512 dollars in some fucking SUSHI!
Especially, as far as I know, this token has an unlimited emission...

[Bitstar_coin]

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.

Why will cz be shamed? Do you think if the dev have not exit scam and sushi did not encounter this problem Binance will not miss out on the huge traffic generated by listing sushi just like cz pointed out! nobody can tell what is in an egg until it is broken, cz is not a fortune teller and couldn't have guess the team will exit scam in near future, even the investors who invest couldn't have tell, so I don't see why cz should be ashamed of, any project can also experience this even if they were to be trusted.

[Roidz]

Always do your research before intering a project. You never know when a project becomes a part of an excit scam: https://www.worldcoinindex.com/news/sushi-token-price-tanks-as-founder-of-defi-protocol-sushiswap-sells-100-holding-in-alleged-exit-scam. The only one who made big money with Sushi is the founder.

Very fantastic income that has been obtained by the current sushiwap founders, and I think it is fairly reasonable because there was an increase in the price of tokens in the market at the beginning of the launch and I think this is also triggered by the DeFi system they are currently using, but it seems like the issue is circulating If the founder of Sushiwap has left the project that is not true at all, because recently the founders of sushiwap chef Nomi has denied this
https://news.bitcoin.com/sushiswap-founder-reportedly-exit-scams-as-sushi-token-price-tanks/

[kingzpro]

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.

It is kind of abandoned project, personally i do not suggest to invest in projects that have a bad incident in any shape or form.
The events that have unfolded and how the owner of the project abandoned his own project is very disturbing and obviously people will learn a lesson to not chase all new projects let them prove themselves first.

[Zeehaxan]

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 am of the opinion that uniswap is the real platform and all these projects are nothing but copycats that aim to replicate the success of uniswap. In the end sushiswap could prove to be useful as well but uniswap will remain the king.

[target]

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.

Why will cz be shamed? Do you think if the dev have not exit scam and sushi did not encounter this problem Binance will not miss out on the huge traffic generated by listing sushi just like cz pointed out! nobody can tell what is in an egg until it is broken, cz is not a fortune teller and couldn't have guess the team will exit scam in near future, even the investors who invest couldn't have tell, so I don't see why cz should be ashamed of, any project can also experience this even if they were to be trusted.

Thats because their system allow the token be listed as long as the team pay the listing fee. Anyone with the intenstion to make more BTC will likely pay more than 20BTC if the potential to earn 20x more is possible in the exchange highly trusted by all. Well, all exchange CEOs can say in the back of their mind is that shit happens.

I wouldn't be telling RIP if that CEO landed somewhere in the desserted areas in Mexico burried while his head consumed by fire ants.

[cryptoaddictchie]

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.

Yes. Actually Im really suprised why CZ list it I know business mattet but I thought they are fan of strict when it comes to developers. Like they review it first so incident like this with sushi will never happened again.

Why will cz be shamed? Do you think if the dev have not exit scam and sushi did not encounter this problem Binance will not miss out on the huge traffic generated by listing sushi just like cz pointed out! nobody can tell what is in an egg until it is broken.

The fact that without the issue out first, people got curious why sushi was the choice to be listed. As a crypto enthusiasts. You could see the need of a strict screening. Everybody knows how hard to get listed there until the defi hype rises. So, whats the real reason? I think I prefer mantradao or akropolis on the possible listing which has more potential. Not just only me have been shocked about sushi but a lot more.