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SUKU

SUKU

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About SUKU

SUKU is an Ethereum token that powers the SUKU Platform, a blockchain-based ecosystem that aims to make supply chains more transparent. SUKU tokens can be used for platform governance and to reward users and SUKU node operators. SUKU Platform is also developing applications for DeFi lending and NFT marketplaces.

Suku (SUKU) is a cryptocurrency project that aims to simplify the complexities of Web3 for everyday users and creators. The project's mission is to transform every internet user into a Web3 user by providing simple and intuitive tools that allow them to fully benefit from the utilities of Web3 in all areas of their lives. Suku's approach is unique in that it focuses on building decentralized solutions that are easy to use for internet users worldwide, rather than just the crypto niche. The project's ecosystem includes a variety of Web3 tools, including the Suku Wallet and the Suku Protocol, which equips every social account with a fully functional Web3 wallet.

Suku operates by providing a suite of decentralized tools that are designed to be user-friendly and accessible. One of its key features is the Suku Wallet, which is still in beta. This wallet allows users to send and receive digital assets instantly, even to those who haven't set up a wallet yet. Another key feature is the Suku Protocol, which equips every social account with a fully functional Web3 wallet, allowing users to use Web3 on their favorite platforms without the need for setup or seed phrases. The project also includes Suku Pay and Suku Hub, which further extend the functionality and accessibility of Web3 tools.

Suku aims to bring the benefits of Web3 to the masses, making it a potentially useful tool for a wide range of internet users. For instance, the Suku Wallet allows users to send and receive digital assets instantly, making it a tool that could facilitate peer-to-peer interactions. The Suku Protocol, on the other hand, allows users to use Web3 on their favorite platforms, opening up a world of possibilities for decentralized applications and services. Additionally, Suku provides tools that could be used for creating and collecting NFTs, which could be of interest to creators and collectors alike.

Suku is a project developed by Citizens Reserve, Inc., a Delaware corporation. The project's mission and approach were developed with the belief that Web3 has the power to improve the way we interact with each other and the world, and that it should be accessible to everyone. The project's roadmap includes the development of decentralized solutions that are easy to use for internet users worldwide, rather than just the crypto niche. The Suku Wallet and the Suku Protocol are key features of the project that have been developed to fulfill this mission.

Suku strives to enhance sustainability and ethical practices in supply chain management by utilizing blockchain technology. This technology aims to provide a platform for recording and sharing crucial information about product origins, manufacturing processes, and transportation details. The potential for increased transparency may assist consumers in making decisions based on proven ethical standards, such as fair trade practices, acceptable labor conditions, and a commitment to environmental sustainability. Additionally, Suku's blockchain technology seeks to simplify the tracking and verification of certifications and audits, with the intention of ensuring that ethical standards are upheld across the entire supply chain. The integration of blockchain solutions for ethical verification aims to foster trust, encourage ethical sourcing, and aspire towards a more sustainable supply chain industry.

When implementing Suku's blockchain solutions in supply chains, businesses might consider several aspects. One aspect is the potential to foster trust between different entities, even in situations where trust is either nonexistent or unproven. This is because blockchain aims to create a record of transactions with end-to-end encryption, which could deter unauthorized activity or fraud. Another aspect is the decentralized structure of blockchain, which may facilitate data sharing within an ecosystem of businesses where no single entity has exclusive control. This is particularly relevant in supply chains, where multiple businesses, from suppliers and transportation companies to producers, distributors, and retailers, need to share information. Blockchain also strives to address security and privacy concerns by storing data across a network of computers, which could enhance security measures. It also seeks to address privacy concerns by anonymizing data and, in some cases, requiring permission to limit access. Another consideration is that blockchain intends to streamline processes, which could reduce manual tasks and ease reporting and auditing processes.

Suku strives to improve transparency, efficiency, and accessibility in supply chains by leveraging blockchain technology. It uses a blockchain-based ecosystem to connect businesses and consumers, providing a supply-chain-as-a-service platform. Suku's approach to verifying product authenticity and origin involves the use of its blockchain-based Suku Scanner application, which tracks the authenticity and provenance of consumer products. This application uses data from NFC tags attached to products, which is then fed into Suku's blockchain-based supply chain application. This data is intended to confirm the authenticity and provenance of the tagged product, with the intention of fostering trust and transparency. Suku uses its blockchain technology with the intention of maintaining the digital identity of each product. This approach is designed for product verification, distribution processes, and transparent pricing.

Suku's platform seeks to provide consumers with increased transparency in supply chains. By utilizing blockchain technology, Suku creates a record of product information, from the source of raw materials to the finished product. This allows for an automated, accurate, and transparent tracking of products through the supply chain, with the intention of verifying that the products are authentic and safe. The platform intends to streamline the tracking process, which may result in a more efficient supply chain process for consumers. It also seeks to reduce the risk of counterfeit products entering the supply chain, with the intention of facilitating the delivery of authentic products to consumers. Suku is exploring the potential of applications in the DeFi and NFT sectors, with the aspiration of offering users further non-financial advantages.

Suku's supply chain solutions strive to enhance transparency, efficiency, and traceability across various industries. Industries that can apply Suku's solutions include automotive, grocery and consumer packaged goods (CPG), manufacturing, retail, and wholesale distribution. In the automotive industry, Suku's solutions aim to assist in managing supply and demand gaps, handle unreliable suppliers, and balance cost-effectiveness. For grocery and CPG companies, Suku's solutions seek to improve communication processes and essential business operations such as order fulfillment. In manufacturing, Suku's solutions strive to enhance supply chain processes by eliminating tedious manual document-sharing processes and improving supplier communication. Retailers may consider Suku's solutions for managing omnichannel selling, gaining inventory visibility, and meeting customer expectations. Lastly, wholesalers and distributors may consider Suku's solutions to reduce costs, streamline processes, and facilitate quicker non-financial returns.

Market

Market stats

Market cap

$27.8M

Volume (24h)

$1.4M

Circulating supply

178.4M SUKU

Typical hold time

11 days

Popularity

#756

All time high

$1.58

Price change (1h)

+0.65%

Price change (24h)

+4.36%

Price change (7d)

-10.23%

News about SUKU

BeInCrypto • May 02, 24

MoonPay Integrates PayPal For Easy Crypto Buys

MoonPay now allows US users to purchase cryptocurrencies through PayPal, combining seamless transaction methods with enhanced security, broadening access to over 100 cryptocurrencies.The post MoonPay Integrates PayPal For Easy Crypto Buys appeared first on BeInCrypto.

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DL News • May 02, 24

‘Stars are aligning’ for renewed Bitcoin gains, says hedge fund

Between a relatively dovish Federal Reserve, recovering yen, and dropping oil and commodity prices, Bitcoin is ready to push higher.

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BeInCrypto • May 02, 24

Solana Launches Gaming API on Google Cloud

Solana Labs teams with Google Cloud, launching the GameShift API to simplify blockchain gaming development, aiming for mainstream adoption with easier tech integration.The post Solana Launches Gaming API on Google Cloud appeared first on BeInCrypto.

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The Block • May 02, 24

Total number of Uniswap wallets more than doubles in the past year

The doubling comes as Uniswap surpassed a historic $2 trillion in cumulative trading volume in early April.

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BeInCrypto • May 02, 24

Top VCs Join EYWA’s Seed Round Led by Curve’s Founder

EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new era of Web3 interoperability. The investment has been led by Curve Finance founder Michael Egorov — with the project recently attracting two new backers: Fenbushi ...

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The Defiant • May 02, 24

Crypto Markets Bounce After Fed Leaves Interest Rates Unchanged

Bitcoin and Ether are up 4% in the past 24 hours, while Solana has surged 12%.

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Social

Some highlights about SUKU on social media

219 unique individuals are talking about SUKU and it is ranked #604 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SUKU has an average sentiment score of 3.2 out of 5. Finally, SUKU is becoming more newsworthy, with 0 news articles published about SUKU. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about SUKU. There were 40.91% of tweets with bullish sentiment compared to 10.61% of tweets with a bearish sentiment about SUKU. 48.48% of tweets were neutral about SUKU. These sentiments are based on 66 tweets.

On Reddit, SUKU was mentioned in 80 Reddit posts and there were 184 comments about SUKU. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

219 people

Volume rank

#604

Average Sentiment

3.2 out of 5

Twitter

Reddit

Posts

80

Comments

184

Post Score

2,508

Comment Score

2,670

Coinbase Bytes

Coinbase Bytes

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SUKU is on the decline this week.

The price of SUKU has increased by 0.65% in the last hour and increased by 4.36% in the past 24 hours. SUKU’s price has also fallen by 10.23% in the past week. The current price is $0.16 per SUKU with a 24-hour trading volume of $1.40M. Currently, SUKU is valued at 90.18% below its all time high of $1.58. This all-time high was the highest price paid for SUKU since its launch.

The current circulating supply of SUKU is 178,403,406.795 SUKU which means that SUKU has as total market cap of 178,403,406.795.

FAQ

What is the current price of SUKU?

We update our SUKU to USD currency in real-time. Get the live price of SUKU on Coinbase.

What is the market cap of SUKU?

The current market cap of SUKU is $27.79M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SUKU?

The all-time high of SUKU is $1.58. This all-time high is highest price paid for SUKU since it was launched.

What is the 24 hour trading volume of SUKU?

Over the last 24 hours, the trading volume of SUKU is $1.40M.

What other assets are similar to SUKU?

Assets that have a similar market cap to SUKU include Cryptex Finance, Pintu Token, Presearch, and many others. To see a full list, see our comparable market cap assets.

How many SUKU are there?

The current circulating supply of SUKU is 178 million.

What is the typical holding time of SUKU?

The median time that Coinbase customers hold SUKU before selling it or sending it to another account or address is 11 days.

What is the relative popularity of SUKU?

SUKU ranks 118 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of SUKU?

Currently, 85% of Coinbase users are buying SUKU. In other words, 85% of Coinbase customers have increased their net position in SUKU over the past 24 hours through trading.

Can I buy SUKU on Coinbase?

Yes, SUKU is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy SUKU guide.