sUSD Reaches Market Cap of $14.70 Million (SUSD)

sUSD (SUSD) traded down 0.2% against the U.S. dollar during the 24-hour period ending at 13:00 PM Eastern on October 1st. sUSD has a market cap of $14.70 million and approximately $1.27 million worth of sUSD was traded on exchanges in the last 24 hours. In the last week, sUSD has traded 0.5% lower against the U.S. dollar. One sUSD token can now be bought for about $0.99 or 0.00001606 BTC on cryptocurrency exchanges.

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 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.
• Lumi Credits (LUMI) traded 8.9% higher 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 down 0.7% against the dollar and now trades at $0.0473 or 0.00000076 BTC.
• P2P Solutions foundation (P2PS) traded 4.1% lower against the dollar and now trades at $161.66 or 0.00261038 BTC.

sUSD Profile

sUSD’s launch date was June 11th, 2018. sUSD’s total supply is 14,775,600 tokens. The official website for sUSD is www.synthetix.io. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. sUSD’s official message board is blog.synthetix.io. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed 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 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 Changelly. 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