sUSD (SUSD) Market Capitalization Hits $49.71 Million

sUSD (SUSD) traded 0.1% lower against the dollar during the twenty-four hour period ending at 14:00 PM Eastern on May 8th. sUSD has a total market cap of $49.71 million and approximately $541,840.13 worth of sUSD was traded on exchanges in the last day. In the last week, sUSD has traded down 0.5% against the dollar. One sUSD token can now be bought for approximately $0.99 or 0.00001578 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 1.6% lower against the dollar and now trades at $0.30 or 0.00000473 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.9% higher against the dollar and now trades at $0.0103 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About sUSD

sUSD launched on June 11th, 2018. sUSD’s total supply is 50,328,296 tokens. 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 message board 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.”

sUSD Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to acquire sUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX 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