sUSD Market Capitalization Reaches $29.05 Million (SUSD)

sUSD (SUSD) traded down 0.1% against the US dollar during the 1 day period ending at 14:00 PM Eastern on July 11th. One sUSD token can now be bought for approximately $1.00 or 0.00001729 BTC on major exchanges. sUSD has a total market capitalization of $29.05 million and approximately $1.05 million worth of sUSD was traded on exchanges in the last day. During the last seven days, sUSD has traded up 0.3% against the US dollar.

Here’s how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.3% higher against the dollar and now trades at $0.19 or 0.00000323 BTC.
• 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 down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 2.9% higher against the dollar and now trades at $0.0126 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About sUSD

sUSD was first traded on June 11th, 2018. sUSD’s total supply is 51,117,005 tokens and its circulating supply is 29,022,870 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 possible to purchase alternative cryptocurrencies such as sUSD directly using US dollars. Investors seeking to acquire sUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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