After falling for more than two months consecutively, the SUKU coin has made a huge jump today after rising by more than 60% in the early hours of today.
At the time of writing, it was trading at around $0.5092 after hitting a daily high of $0.5859 and a daily low of $0.319.
To help investors and traders who are eyeing to buy and hold the SUKU coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy SUKU coin
As SUKU is such a new asset, it's yet to be listed on major exchanges. You can still purchase SUKU using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy SUKU right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEX
Head to Uniswap, and 'connect' your wallet to it.
4. You can now swap your ETH for SUKU
Now that you're connected, you'll be able to swap for 100s of coins including SUKU.
What is SUKU?
SUKU is the native cryptocurrency of the SUKU blockchain ecosystem.
In a nutshell, the SUKU ecosystem is a network of blockchain-based Web3 solutions aimed at empowering brands and creators to engage with their audience in both the real and virtual (metaverse) worlds.
SUKU offers three main products (solutions) that include InfiniteWorld, SUKU Omni, and SUKU DeFi.
The InfiniteWorld is an NFT marketplace that provides brands and individual NFT creators with a platform to engage with their audience.
The SUKU Omni on the other hand allows brands and individuals to offer verifiable stories to their customers.
The SUKU DeFi is a micro-lending platform where brands can engage with their audience through collateralized loans.
Should I buy the SUKU coin today?
If you are looking for a cryptocurrency that has shown great prospects of correcting a long fall, then the SUKU coin could be a great choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
SUKU price prediction
After today’s price hike analysts are now anticipating that the price of the SUKU coin shall hit $1 very soon; hopefully in the coming days.
$SUKU social media coverage
The post Where to buy SUKU coin: it has shot up by 60% today appeared first on Invezz.