sUSD (SUSD) Reaches Market Cap of $41.10 Million

sUSD (SUSD) traded down 0.8% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM ET on March 18th. sUSD has a market capitalization of $41.10 million and approximately $4.66 million worth of sUSD was traded on exchanges in the last day. One sUSD token can currently be purchased for about $1.00 or 0.00003685 BTC on exchanges. In the last seven days, sUSD has traded up 0.6% against the U.S. dollar.

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

• KILT Protocol (KILT) traded 10.2% lower against the dollar and now trades at $0.41 or 0.00001514 BTC.
• Aidi Finance (BSC) (AIDI) traded up 1.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 1.3% lower against the dollar and now trades at $0.0671 or 0.00000249 BTC.
• CareCoin (CARES) traded 1.3% lower against the dollar and now trades at $0.0833 or 0.00000309 BTC.
• OmniaVerse (OMNIA) traded 32.7% higher against the dollar and now trades at $0.0011 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded 1.3% lower against the dollar and now trades at $99.57 or 0.00369466 BTC.
• FEG Token (FEG) traded 1.3% lower against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded down 0.7% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded down 1.3% against the dollar and now trades at $7,237.20 or 0.26854095 BTC.
• Lego Coin (LEGO) traded 22.2% higher against the dollar and now trades at $0.0171 or 0.00000063 BTC.

sUSD Profile

sUSD’s launch date was June 11th, 2018. sUSD’s total supply is 41,213,930 tokens. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. The official message board for sUSD is blog.synthetix.io. The official website for sUSD is www.synthetix.io. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here.

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.”

Buying and Selling sUSD

It is usually not currently possible to buy alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to acquire sUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy sUSD using one of the aforementioned exchanges.

SUSD/USD price chart by TradingView