Joseph Delong resigns as CTO of Sushi after poor token performance
Joseph Delong, the CTO of Sushi, announced Wednesday that he is stepping away from the project "effective immediately."
It is time to bring together the community
Joseph Delong explained in a tweet that in the interest of the Sushi Community, he is signing as CTO effective immediately. Sushi's its token has been seeing poor price performance, with the price of SUSHI down 51.2% on the month to $5.80 before Delong resigned. Also, rumours of poor management & disagreement in the core team of Sushi played a role in his decision. Several allegations from various Twitter accounts pointed out these issues in recent weeks. According to Delong, it is now the time to bring together the community and move towards an effective resolution.Delong also gave Sushi some advice on how to proceed. He said, "I highly recommend the installation of a C-suite from outside the DAO and give them the tools to effectively manage a team. Be wary of any self-proclaimed leaders arising from the current core team. In addition to the tweet, Delong also shared a tweet of the resignation on-chain with a transaction sent to the Sushi Treasury multi-sig, but this tweet was later deleted.
What happened at Sushi?
Delong is a long-time Ethereum and Web 3 contributor who has worked on an Eth 2.0 client for ConsenSys, been involved in the Ethereum infrastructure fundraising organization MolochDAO, and worked on Dapper Labs' Flow blockchain. In recent weeks, he has been in the spotlight after the community turned against him. Sushi was accused of firing 0xMaki after a leaked screenshot from a SushiSwap telegram appears to show Joseph Delong questioning whether the project should ask Maki to leave. If these rumours are true it would mean 0xMaki his resignation did not go down the way it was originally portrayed and that the team was not transparent.The price of SUSHI reacted positively to the resignation of Joseph Delong and went up from $5.90 to $6.78, which is almost a 15% increase. In the meantime, Sushi is currently planning to release Trident. This major upgrade is expected to include a number of Automated Market Maker (AMM) models linked together via Tines, an order routing engine, as well as BentoBox, a yield-bearing base layer for the various AMMs.
Continue reading by joining Cryptonary Pro
$997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
