sUSD (SUSD) Reaches Market Cap of $23.18 Million

sUSD (SUSD) traded 0.4% higher against the dollar during the twenty-four hour period ending at 14:00 PM E.T. on September 23rd. One sUSD token can now be purchased for $1.00 or 0.00001578 BTC on popular exchanges. sUSD has a market cap of $23.18 million and approximately $2.65 million worth of sUSD was traded on exchanges in the last day. During the last seven days, sUSD has traded 1% higher against the dollar.

Here is how other cryptocurrencies have performed during 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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.
• MVP Coin (MVP) traded 20.1% higher against the dollar and now trades at $0.0500 or 0.00000079 BTC.
• P2P Solutions foundation (P2PS) traded up 3.1% against the dollar and now trades at $172.72 or 0.00272853 BTC.

About sUSD

sUSD launched on June 11th, 2018. sUSD’s total supply is 23,206,796 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 website for sUSD is www.synthetix.io. 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.”

Buying and Selling sUSD

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

SUSD/USD price chart by TradingView