Cryptocurrency SushiSwap rose by 40% in a week


Over the past week from October 24 to October 30, 2022, several cryptocurrencies from the decentralized finance sector (DeFi) brought serious profits to their own investors. The leader of the week was the native token of the decentralized exchange platform SushiSwap. The protocol based on the BNB Chain has recorded a significant influx of interest from traders and investors. The SUSHI virtual currency has become more expensive by 39.28% over the reporting period.

The quotes of the digital asset reached a value of $1.79 with a market capitalization of $227.89 million. By the way, at a distance of one month, the cost of cryptocurrency has increased by as much as 60.8%.

Theta Fuel (TFUEL) took the second place in the list of profitability of DeFi tokens. This cryptocurrency showed a profitability of 22.89%. The token was trading at $0.06, and the total coin offer was $317.21 million.

In addition, the less well-known NXM (NXM) project gave high returns to its own investors. The quotes of this cryptocurrency have jumped by 21.29% over the past 7 days. Its price was at the level of $52.33, and its capitalization was $345.55 million.

Market analysts noted that the value of the token of another DEX exchange dYdX increased by 19.66%. The DYDX cryptocurrency was available for purchase at $1.7 with a total coin offering in circulation of $112.1 million.

Finally, Frax Share (SFX) has soared in value by 18.01% over the week and by 58.15% over the past month. The cryptocurrency exchange rate was $6.77, and the capitalization was $110 million.

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