sUSD Reaches Market Cap of $11.21 Million (SUSD)

sUSD (SUSD) traded 0% higher against the dollar during the 1-day period ending at 23:00 PM E.T. on October 23rd. One sUSD token can now be bought for about $1.00 or 0.00001488 BTC on popular cryptocurrency exchanges. sUSD has a total market capitalization of $11.21 million and approximately $315,828.84 worth of sUSD was traded on exchanges in the last 24 hours. In the last week, sUSD has traded up 0.1% against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 2.5% against the dollar and now trades at $164.88 or 0.00245182 BTC.

sUSD Token Profile

sUSD was first traded on June 11th, 2018. sUSD’s total supply is 11,206,715 tokens. The official website for sUSD is www.synthetix.io. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. The official message board for sUSD is blog.synthetix.io.

According to CryptoCompare, “sUSD is a stablecoin built on the Ethereum blockchain that enables fast interexchange settlement, stable trading against ERC-20 assets, and a safe place to park value without needing to settle into fiat. The Havven network, which sUSD is a part of, is an open source protocol that allows for integration with various exchanges and decentralized platforms. It employs two ERC20 compatible tokens.”

sUSD Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to trade sUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase sUSD using one of the exchanges listed above.

SUSD/USD price chart by TradingView