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SUKU crypto: Everything You Should Know

suku crypto
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SUKU is an Ethereum-based platform that aims to increase transparency in supply chains. The platform also focuses on the NFT space, DeFi space, and Metaverse. Its team is developing various applications for NFT marketplaces and lending based on decentralized finance (DeFi).

The platform

Launched in 2020, SUKU is not the only blockchain-based platform focused on the Supply chain industry. However, it has a few unique products that make it a blockchain-based project worth watching out for.

• InfiniteWorld: InfiniteWorld works as a bridge between the physical and digital world. It brings brands to the Metaverse through NFTs.

• SUKU Omni: This product enables brands to transform their supply chain data and analytics into verified stories that consumers can engage with. It allows consumers to learn about the entire journey of the product and its carbon footprint.

• SUKU Defi: This product enables small businesses and supply chain participants to receive the capital they need through Defi to grow.

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The token

SUKU's native utility tokens have several uses in its ecosystem. Holders can use them to pay transaction fees and vote. They have also rewarded incentives.

The tokens have no max supply cap. There are currently 178,386,797 coins in public circulation. As of writing, each of them is trading at $0.09593. Coinmarketcap ranks them the 661st largest cryptocurrencies in the world by market cap.

The tokens are available on various crypto exchanges, including Huobi Global, KuCoin, BTCEX, and MEXC. Besides purchasing them, you can also earn them as rewards by simply creating a wallet with them to interact on the platform.

Price prediction

Priceprediction.net predicts SUKU coins may trade at an average price of $0.17 in 2023, $0.26 in 2024, and $0.38 in 2025. They may sell above $1 in 2028 and $2 in 2030. By 2031 they may be trading above $3. The longer you hold on to them, the better your returns may be.

Digitalcoinprice doesn't predict as promising a future as Priceprediction.net. But, it does predict some positive price movement. According to the site, the coins might trade at an average price of $0.14 in 2023 and 2024. In 2025 they may be worth $0.19. By 2031, they may still be trading below $1.

WalletInvestor predicts a disappointing future for the coins. According to the site, they may end the year 2022 trading at $0.00460. They may also continue to trade below $0.01 for 2023, 2024, and 2025.

Bottom line

Considering what the SUKU platform has to offer and how its coin has and continues to perform in the market, the project is worth reading carefully before considering it as an investment option.

Several investors see the project as an excellent long-term investment option, but it's the crypto space; anything can happen. Always take your time before investing in any crypto asset. Do as much research as possible to avoid regretting any investment move you make in the crypto space.

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Author: Jay Jackson

Author: Jay Jackson

Jay Jackson is a crypto trader, researcher and freelance writer. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks.

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