sUSD Price Reaches $1.00 (SUSD)

by · The Markets Daily

sUSD (SUSD) traded 0.2% higher against the U.S. dollar during the 1 day period ending at 14:00 PM E.T. on October 12th. sUSD has a total market cap of $13.25 million and $492,767.35 worth of sUSD was traded on exchanges in the last day. During the last seven days, sUSD has traded 0.1% higher against the U.S. dollar. One sUSD token can currently be bought for approximately $1.00 or 0.00001581 BTC on exchanges.

Here’s how related 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 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 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 0.3% against the dollar and now trades at $0.0543 or 0.00000086 BTC.
  • P2P Solutions foundation (P2PS) traded up 0.9% against the dollar and now trades at $160.15 or 0.00253783 BTC.

sUSD Profile

sUSD’s launch date was June 11th, 2018. sUSD’s total supply is 13,274,413 tokens. sUSD’s official website is www.synthetix.io. 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.

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 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 Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase sUSD using one of the exchanges listed above.

SUSD/USD price chart by TradingView