{"id":242469,"date":"2020-11-20T12:54:57","date_gmt":"2020-11-20T17:54:57","guid":{"rendered":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/think-bitcoin-is-on-the-run-sushi-cryptocurrency-has-surged-nearly-100-in-a-week-benzinga\/"},"modified":"2020-11-20T12:54:57","modified_gmt":"2020-11-20T17:54:57","slug":"think-bitcoin-is-on-the-run-sushi-cryptocurrency-has-surged-nearly-100-in-a-week-benzinga","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/cryptocurrency-2\/think-bitcoin-is-on-the-run-sushi-cryptocurrency-has-surged-nearly-100-in-a-week-benzinga\/","title":{"rendered":"Think Bitcoin Is On The Run? Sushi Cryptocurrency Has Surged Nearly 100% In A Week – Benzinga"},"content":{"rendered":"

Bitcoin (BTC) being on a bull run may be hounding all the attention but the world's apex cryptocurrency is getting outdone by several decentralized finance, or \"DeFi,\" projects.<\/p>\n

What Happened: SushiSwap (SUSHI), one such DeFi cryptocurrency,has surged 96.24% in a 7-day period up to press time beating Bitcoin, which is up 12.86%.<\/p>\n

DeFi has seen rising popularity in the cryptocurrency community, with some dubbing it as a fad. A lot of DeFi projects may be in a bubble, but that doesn't mean that \"DeFi will eventually disappear entirely,\"Binance CEO Changpeng Zhao said this week, as reported by Cointelegraph.<\/p>\n

Zhao advocated cryptocurrencies like Bitcoin saying it was the money of freedom for millions of people worldwide.<\/p>\n

Why It Matters: SushiSwap, the DeFi protocol supported by SUSHI,has been among the most popular such projects. SUSHI had surged 331% to $11.17 in September before its anonymousfounder cashed out $6 million worth of tokens, tanking the cryptocurrency.<\/p>\n

Yearn Finance (YFI), another DeFi cryptocurrency, which offers yield farming, surpassed Bitcoins 7-day gains this week.At press time, YFI is up 13.1% in the 24-hour trailing period and 49.3% over seven days at $24,667.87.<\/p>\n

SUSHI traded 16.85% higher at $1.33 at press time, while Bitcoin traded 0.51% higher at $17,756.63.<\/p>\n

See Also:Bitcoin Storms Past $18,000<\/p>\n<\/p>\n

2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n

<\/p>\n

Link:
\nThink Bitcoin Is On The Run? Sushi Cryptocurrency Has Surged Nearly 100% In A Week - Benzinga<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) being on a bull run may be hounding all the attention but the world's apex cryptocurrency is getting outdone by several decentralized finance, or \"DeFi,\" projects. What Happened: SushiSwap (SUSHI), one such DeFi cryptocurrency,has surged 96.24% in a 7-day period up to press time beating Bitcoin, which is up 12.86%. DeFi has seen rising popularity in the cryptocurrency community, with some dubbing it as a fad. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94874],"tags":[],"class_list":["post-242469","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency-2"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/242469"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=242469"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/242469\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=242469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=242469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=242469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}