Traders and investors in SushiSwap face a unique conundrum as optimistic and bearish signals battle for control of the market. The recent inclusion of SushiSwap on Boba Network may account for the increased number of whale sightings on the site. Even while this points to a strengthening bullish market for SushiSwap, the TVL numbers act as a counterpoint to the recent events. As reported by DeFiLlama, Sushi’s TVL numbers fell on November 3 but have since risen, reversing the monthly decline. The listings and whale sightings are exciting, but how will Sushi do in November and, if at all possible, in December? 🤩 Let’s welcome BobaBNB! 🤩 We’re excited to announce the launch of scaling solution for @BNBCHAIN! 🚀 BobaBNB caters to the massive user base and dev community enabling smarter contracts and lightning fast transactions 🏎️ 🧵 1/X pic.twitter.com/8IwGCbooJr — Boba Network 🧋 x #BNBChain (@bobanetwork) November 1, 2022 The Bulls Edge Out The Bears Today’s excitement for SushiSwap isn’t just due to TVL. CoinGecko has predicted a brighter future for Sushi, the native token of SushiSwap. There is positive momentum over a variety of time horizons, with the monthly time frame showing the most impressive growth at 59.2 percent. In part, this is because of the exposure gained via SushiSwap’s inclusion on the Boba Network. Related Reading: Why Monero Is Struggling To Crack This Resistance Level S...
