sUSD Hits Market Cap of $20.65 Million (SUSD)

sUSD (SUSD) traded 0.1% lower against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on January 5th. sUSD has a market capitalization of $20.65 million and approximately $47,707.33 worth of sUSD was traded on exchanges in the last day. One sUSD token can currently be bought for $0.96 or 0.00000983 BTC on popular cryptocurrency exchanges. Over the last week, sUSD has traded down 1.2% against the dollar.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.3% against the dollar and now trades at $97,789.59 or 0.99785786 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.1% against the dollar and now trades at $97,014.85 or 0.98995229 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

sUSD Token Profile

sUSD launched on June 11th, 2018. sUSD’s total supply is 21,433,530 tokens. sUSD’s official message board is blog.synthetix.io. sUSD’s official website 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.

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 buy alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to trade sUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy sUSD using one of the exchanges listed above.

SUSD/USD price chart by TradingView