sUSD (SUSD) Reaches Market Capitalization of $13.24 Million

sUSD (SUSD) traded up 0.3% against the U.S. dollar during the 24 hour period ending at 7:00 AM ET on October 12th. sUSD has a market cap of $13.24 million and $555,770.54 worth of sUSD was traded on exchanges in the last day. During the last week, sUSD has traded 0.2% higher against the U.S. dollar. One sUSD token can now be bought for about $1.00 or 0.00001581 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last day:

• 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 up 5.9% against the dollar and now trades at $0.0543 or 0.00000086 BTC.
• P2P Solutions foundation (P2PS) traded 1.6% higher against the dollar and now trades at $159.12 or 0.00252189 BTC.

About sUSD

sUSD launched on June 11th, 2018. sUSD’s total supply is 13,274,413 tokens. 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. 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.”

Buying and Selling sUSD

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