sUSD (SUSD) Market Cap Hits $50.88 Million

sUSD (SUSD) traded 0% lower against the dollar during the 1-day period ending at 11:00 AM E.T. on May 5th. sUSD has a total market cap of $50.88 million and $327,266.40 worth of sUSD was traded on exchanges in the last day. Over the last seven days, sUSD has traded down 0.3% against the dollar. One sUSD token can currently be purchased for $0.99 or 0.00001541 BTC on cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded up 1.3% against the dollar and now trades at $0.30 or 0.00000468 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher 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 0.8% lower against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

sUSD Profile

sUSD’s genesis date was June 11th, 2018. sUSD’s total supply is 51,271,871 tokens. The official message board for sUSD 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. 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 purchase alternative cryptocurrencies such as sUSD directly using US dollars. Investors seeking to acquire sUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase 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