Suku coin has a market capitalization of over $10 million.
The coin's total supply is capped at 10 million, ensuring that the value of each coin remains stable.
Suku coin is listed on several major cryptocurrency exchanges, including the popular Huobi Global exchange.
What is
Suku Coin Market Cap is a cryptocurrency that has gained significant attention in recent times. It's a relatively new player in the market, but it's already making waves.
Suku Coin is built on the Binance Smart Chain, which is a fast and scalable blockchain platform. This allows Suku Coin to process transactions quickly and efficiently.
The market capitalization of Suku Coin is currently around $10 million, making it a relatively small player in the cryptocurrency market. This can be both an advantage and a disadvantage for investors.
Suku Coin has a total supply of 100 million coins, with a circulating supply of around 20 million. This means that a significant portion of the coins are still held by the development team and early investors.
Suku Coin has a unique feature that sets it apart from other cryptocurrencies: it has a built-in staking mechanism that rewards holders with additional coins. This can be a great way for investors to earn passive income.
Market Cap and Statistics
The market capitalization of SUKU is a crucial metric to understand its value and ranking among other cryptocurrencies. As of January 13, SUKU has a market capitalization of $22 Million and is ranked #713 among all cryptocurrencies.
The market cap is calculated based on the circulating supply of SUKU, which is 375 million coins. If we take into account the total supply, the market capitalization would be $88.2 Million.
Here's a comparison of SUKU's market capitalization with its all-time high: $178.73M.
SUKU's circulating supply is 375 million coins, which accounts for 25.3% of the maximum supply.
What's Ever?
SUKU's highest price ever was $1.58, reached on April 10, 2021.
SUKU's lowest price ever was a whopping $0.0002, which occurred just over a year ago on September 7, 2023.
SUKU's all-time high price was $1.25, reached on November 4, 2021.
The minimum price SUKU dropped to after its all-time high was $0.033617, and it's now up by 74.93% from that low.
SUKU's circulating supply is 375 million coins.
SUKU raised $3 million in a crowdsale that started in October 2019, with a price of $0.1000 per coin at the ICO.
Current Market Cap?
SUKU's market capitalization is a key metric to understand its overall value in the cryptocurrency market.
As of January 13th, SUKU has a market capitalization of $22 million, ranking it #713 among all cryptocurrencies.
However, if we take into account the total supply of SUKU, the market capitalization would be $88.2 million.
Here is a comparison of SUKU's market capitalization over time:
Note that these figures are based on the average market capitalization for each year, as reported in the SUKU Historical Stats section.
24-Hour Trading Volume
SUKU has a trading volume of $26,353 in the last 24 hours. This is a significant indicator of market activity.
The trading volume is a key metric to consider when evaluating the liquidity and volatility of a cryptocurrency.
SUKU's trading volume is a fraction of what some other cryptocurrencies see in a day, but it's still a notable figure.
For context, this trading volume is likely to impact the price of SUKU in the short term.
Tokenomics and Functionality
The SUKU tokenomics are designed to support the growth and development of the ecosystem. The maximum supply of SUKU crypto assets is 1.5 billion.
28% of the total supply was reserved for trading partners, which is a significant allocation to ensure the liquidity and adoption of the token. This allocation will help to drive the demand for SUKU and increase its value over time.
The tokenomics also provide a clear distribution of the remaining 72% of the total supply, with 26.85% reserved for technology partners, 20% for the day-to-day operation of the platform, 10% for the core development team, 12.9% for token sales, and 2.3% for mining allocations.
Here's a breakdown of the token distribution:
The SUKU ecosystem has three main solutions: SUKU Omni, SUKU DeFi, and Infinite World. Each of these solutions is designed to provide unique benefits and incentives for users to join and participate in the ecosystem.
Tokenomics
Tokenomics is a crucial aspect of any cryptocurrency project, and SUKU is no exception. The maximum supply of SUKU crypto assets is 1.5 billion.
28% of the total supply was reserved for trading partners. This allocation ensures that the platform has a strong foundation of partners to facilitate transactions.
26.85% of the total supply was set aside for technology partners. This will likely be used to further develop and improve the platform's underlying technology.
20% of the total supply was reserved for the day-to-day operation of the platform. This will help maintain the platform's infrastructure and ensure its continued functionality.
10% of the total supply was distributed to the core development team. This is a common practice in cryptocurrency projects, as it incentivizes developers to continue working on the platform.
12.9% of the total supply was dedicated to token sales. This will help the project raise funds and increase its visibility.
2.3% of the total supply was allocated for mining. This will likely be used to incentivize miners to participate in the network and secure the platform.
Wealth Distribution
Wealth distribution is a key aspect of a cryptocurrency's tokenomics. The top wallet addresses hold a significant portion of the total supply, with 91.27% of the supply held by addresses with a balance between 1-10.
Breaking down the wealth distribution, we see that the majority of the top wallet addresses are likely to be coin exchange wallets. This is because addresses with a balance between 1-10 are likely to be used by exchanges to hold and manage large amounts of cryptocurrency.
The top 10 addresses hold a staggering 1,369,029,582 units, which is a massive chunk of the total supply. In fact, these addresses hold more than 90% of the total supply, leaving a small percentage for the remaining addresses.
Here's a breakdown of the wealth distribution:
This wealth distribution highlights the concentration of wealth among the top wallet addresses. The remaining addresses hold a relatively small percentage of the total supply.
Key Features and Functionality
The SUKU ecosystem is designed to be user-friendly and efficient, with three main solutions that cater to different needs. SUKU Omni allows business owners to create a supply chain that consumers can easily track and view every element in the chain.
One of the key features of SUKU Omni is its ability to help business owners create a transparent supply chain. This is especially useful for consumers who want to know where their products come from.
SUKU DeFi is another solution that offers microlending and collateralization options. This can be a game-changer for local small suppliers outside the US, as it incentivizes them to join the ecosystem and share data on product origins.
SUKU DeFi's microlending and collateralization options can be particularly beneficial for small suppliers who may not have the resources to access traditional financing methods.
Infinite World is the third solution in the SUKU ecosystem, and it enables anyone to launch their products and services into the Metaverse quickly. This means that physical assets can be turned into digital assets for promotion and as another source of income.
Here are the three main solutions in the SUKU ecosystem:
- SUKU Omni: Creates a transparent supply chain that consumers can track and view.
- SUKU DeFi: Offers microlending and collateralization options for local small suppliers.
- Infinite World: Enables the launch of products and services into the Metaverse.
What Can Be Used?
SUKU is a versatile tool that can be used for various purposes.
Brands and creators can use SUKU to promote themselves in the Metaverse and physical world.
SUKU's Web3 tools enable creators to present their products and services on their own platform and monetize the content in a new way.
Creators can contact Infinite Worlds to get their brand into the Metaverse.
SUKU Omni provides opportunities to promote a brand by proving their trustworthiness and reliability.
Modern consumers prefer buying from sustainable sellers, and SUKU helps brands achieve this.
A company can use SUKU technology to create an app that allows consumers to scan a product and see all of its verification checkpoints.
An existing supply chain system can be decentralized using SUKU technology, ensuring consumers that a supplier hasn't altered any data for personal benefit.
Frequently Asked Questions
Is suku coin a good investment?
SUKU coin has a high risk of financial distress and poor performance, making it a potentially high-risk investment. Consider carefully before investing, as cryptocurrency ratings are calculated daily
What is the all time high of suku coin?
The all-time high of Suku coin is $1.58, achieved on April 10, 2021. This milestone marks a significant peak in Suku's value over the past three years.
How much is suku worth?
As of now, Suku's current price is $0.0753 per unit. Check the latest market stats for up-to-date information on its trading volume and value.
What is the maximum supply of suku?
The maximum supply of SUKU is 1.50 billion coins. This is the highest number of SUKU coins that will ever exist.
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