sUSD (SUSD) Achieves Market Capitalization of $49.88 Million

sUSD (SUSD) traded 0.1% lower against the U.S. dollar during the 24 hour period ending at 16:00 PM E.T. on April 27th. One sUSD token can currently be purchased for approximately $0.99 or 0.00001574 BTC on major exchanges. sUSD has a market cap of $49.88 million and approximately $397,267.66 worth of sUSD was traded on exchanges in the last 24 hours. Over the last week, sUSD has traded 0.3% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 8.3% against the dollar and now trades at $0.29 or 0.00000464 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 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 up 0.4% against the dollar and now trades at $0.0096 or 0.00000015 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About sUSD

sUSD was first traded on June 11th, 2018. sUSD’s total supply is 50,159,514 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. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. sUSD’s official website is www.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.”

sUSD Token Trading

It is usually not possible to buy alternative cryptocurrencies such as sUSD directly using US dollars. Investors seeking to acquire sUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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