When SushiSwap (SUSHI) first came out, it was seen as one of the best ever projects in DeFi. Investor interest was instant and as such, the coin surged, hitting an all-time high of around $23.3 in March last year. But ever since, it’s been a challenging period for SUSHI. Can it really recover? Here is what you need to know: From an ATH of $23.3, SUSHI is now trading at around $3.56. SushiSwap is facing increasing competition in the DeFi space, especially DEXs. It is highly unlikely the coin will ever regain the ATH anytime soon. Data Source: Tradingview SushiSwap (SUSHI) -The bleak picture ahead If there is anyone out there biting their fingers waiting for SUSHI to ever return to $23.3, they may have to wait for quite some time. You see, unlike many coins that have fallen due to broader market headwinds as opposed to changes in underlying fundamentals, SUSHI has suffered from both. First, the project behind SUSHI is having to deal with increasing competition...