![SushiSwap [SUSHI] DAU spikes due to Arbitrum’s memes, but…](https://i.headtopics.com/images/2023/4/22/cryptoamb/sushiswap-sushi-dau-spikes-due-to-arbitrum-s-memes-sushiswap-sushi-dau-spikes-due-to-arbitrum-s-memes-1649541774480662528.webp)
Trading activity on the Arbitrum network increased and consequently led to an increase in user activity on the SushiSwap. Thus, no other DEX was able to outperform it.
scaling solution launched on the Arbitrum network, many meme tokens related to it have followed. As such, some require the SushiSwap DEX to claim and/or trade.which produced a Shiba Inu [SHIB] like 2021 performance in a matter of days, was traded on the DEX via the Arbitrum network.in other areas. One of those is network growth.
When this metric rises, it means that many new addresses are being created on the network. But when it decreases, it depicts a shortfall in new user adoption. At press time, the project’s network growth was down to 15. And following the same route was the weighted sentiment. This metric, at the time of writing, was at -0.685.
A negative sentiment like this implies that social commentary about the SUSHI token did not align with the enthusiasm., on-chain data showed that it has been positive for a while. Therefore, this suggests that the perpetual contract SUSHI price was higher than the mark price. So, longs have been paying the periodic amounts of the same-sized position to shorts.
However, the increase in open contracts did not halt the decrease in SUSHI’s value. At the time of writing, the token decreased by 3.44% while exchanging hands at $1.06.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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