SushiSwap Gets Help From Popular Subreddit To Incentivize Users On Its Platform

Although DEXs have grown in popularity after the FTX collapse, competition within the sector has also increased. SushiSwap is one of the DEXs that has

Highlights

• SushiSwap has partnered with popular Reddit subreddit r/CryptoCurrency and has 6.1 million users.
• The subreddit has a native token known as MOON, which is used to reward users based on their activity and Reddit karma.
• The move has had a positive impact on the SushiSWap protocol and helped it gain a large number of daily active users.
• However, the SUSHI token price has fallen by 12.51% over the past month.
• The whales began to lose interest in the token during the same period.
• At press time, the total number of active addresses on the network was 13,113.

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