Should You Invest In Suku Crypto?

With the crypto market's inherent volatility, it's challenging to provide a definitive answer on whether Suku (SUKU) is a prudent investment option. However, considering its current performance and future projections, we can gain valuable insights. As of June 2024, SUKU's price stands at $0.08355, with a 24-hour trading volume of $309,827. While it experienced a 1.4197% surge in the past 24 hours, it has witnessed a decline over the last 30 days. Analysts predict that SUKU's value may reach $0.150498 by the end of 2024, with a maximum price of $0.404926 expected by 2025. However, it's essential to remember that cryptocurrency investments carry substantial risks, and thorough research is necessary before committing any funds.

SUKU's value and price prediction

As of 3 October 2023, SUKU is trading at $0.044 with a 24-hour trading volume of $305,526. In the last 24 hours, the cryptocurrency has decreased by -0.57% in value. The SUKU price is forecasted to reach a maximum level of $0.059, with a minimum price of $0.053 at the end of 2023.

SUKU has a total market cap of $7,856,536, with a circulating supply of 178,403,407 SUKU coins. The live SUKU price is $0.061820 USD, with a 24-hour trading volume of $309,827 USD. The current CoinMarketCap ranking is #970, with a live market cap of $11,028,815 USD.

According to specific experts and business analysts, SUKU can hit a maximum price of $2.06 by 2030. SUKU's value is expected to continue to expand, as shortages tend to encourage price rises. However, it is important to note that there is some risk to any investment, and thorough research is recommended before making any investment decisions.

In the last 24 hours, the SUKU price has increased by 85.50% and tends to move downwards by -15.88% according to the last hour's transactions. The SUKU price reached its all-time high of $1.51. On a weekly basis, the SUKU price increased by 84.78%. When looking at the monthly variation, it is up by 47.68%, and compared to its price a year ago, it is up by 204.66%.

SUKU's price prediction for August 2023 expects the cryptocurrency to reach a maximum value of $0.050, with a minimum price of around $0.044. The average price for August is predicted to be around $0.048. For September 2023, the price is forecast to reach a minimum value of $0.048, with a maximum price of $0.052 and an average expected price of $0.050. By the end of October 2023, the average price of SUKU might go up to $0.052, with a maximum value of $0.055 and a minimum expected price of $0.050.

In summary, while SUKU's price has experienced volatility and fluctuations, the overall trend suggests an increase in value, with a positive outlook from analysts for the coin to reach new heights in the future.

SUKU's market cap rank

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, rewarding users, and rewarding SUKU node operators. The platform is also developing applications for DeFi lending and NFT marketplaces.

The live Suku price as of September 18, 2024, is $0.061820 USD, with a 24-hour trading volume of $309,827 USD. The current CoinMarketCap ranking is #970, with a live market cap of $11,028,815 USD. The market capitalization of SUKU (SUKU) is BTC336.4735, and it is ranked #987 on CoinGecko. The current market cap of SUKU is $10.07 million, with a circulating supply of 178,403,406.795 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. 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's security

SUKU employs a comprehensive approach to security, ensuring users can confidently navigate the Web3 space. The security of the Suku Wallet, a pivotal component of the SUKU ecosystem, is enhanced by integrating social media logins. This simplifies the authentication process while maintaining security. However, users are responsible for safeguarding their non-custodial wallets and associated social media accounts. Given the beta phase of the Suku Wallet, users are advised to exercise caution and be mindful of potential risks.

SUKU recommends external security practices for added protection. Utilizing hardware wallets provides an extra layer of security by physically isolating private keys from online threats. Users should select a hardware wallet that suits their needs, including affordability, user experience, and additional features like staking.

The platform's user-friendly tools and emphasis on security reflect SUKU's commitment to making Web3 accessible and secure for a broad audience. By combining ease of use with robust security practices, SUKU empowers users to explore Web3 benefits without the complexities often associated with blockchain technology. Maintaining a focus on security will be crucial in fostering trust and adoption among users worldwide as the platform evolves.

SUKU's multifaceted security approach, including platform security measures, social media integration, and recommended external practices, ensures users can engage with the platform and their digital assets confidently.

SUKU's competitors

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, DeFi lending, and NFT marketplaces, as well as to reward users and node operators. The project's mission is to make Web3 accessible to everyday internet users by providing intuitive tools and eliminating the need for deep technical knowledge.

SUKU has several competitors in the market that are also working towards simplifying the Web3 experience and making blockchain technology more accessible. Here are some of them:

• Cryptex Finance: Cryptex Finance is a similar project that focuses on building a user-friendly and accessible blockchain experience. They aim to provide a simple and secure platform for users to manage their digital assets and explore the world of decentralized finance.
• Pintu Token: Pintu is a cryptocurrency platform that simplifies the process of buying, selling, and trading digital assets. They offer an intuitive user interface and a range of tools to help users make informed decisions about their investments.
• Presearch: Presearch is a decentralized search engine that utilizes blockchain technology. They aim to provide an alternative to traditional search engines by offering enhanced privacy, transparency, and rewards for users who contribute to the network.
• Artificial Superintelligence Alliance (ASA): ASA is a project that focuses on the development of artificial superintelligence on the blockchain. They aim to create a decentralized AI ecosystem that is accessible to users and offers a range of applications, including machine learning and natural language processing.
• Baby Doge Coin: Baby Doge Coin is a light-hearted cryptocurrency that has gained traction among investors. While it started as a meme coin, it has evolved to offer practical use cases, such as facilitating fast and secure transactions and providing access to exclusive community features.

These competitors of SUKU are all working towards similar goals of enhancing accessibility, user-friendliness, and the practical benefits of blockchain technology. Each project has its own unique features and value propositions, contributing to the diverse and dynamic nature of the cryptocurrency and blockchain ecosystem.

SUKU's supply and demand

SUKU is a cryptocurrency project that aims to bridge the gap between Web3 technology and everyday internet users by creating user-friendly tools. It has a current supply of 178,403,407 SUKU coins, with a market cap of $11,028,815 USD. The 24-hour trading volume of SUKU is $309,827 USD, and the price is $0.061820 USD. The determination to invest in SUKU depends on individual risk tolerance and trading aspirations. While SUKU's value has increased by 1.4197% in the last 24 hours, it has declined over the previous 30-day duration.

The potential for SUKU's value to increase is promising. By the end of 2024, SUKU's value may surge to $0.150498, and in a five-year timeline, it could potentially grow to $0.325042. Market analysts and experts predict that by 2026, SUKU will start the year at $0.34 and trade around $0.42, which would be a significant jump. The highest price predicted for SUKU is $2.28, expected to be reached in 2033.

SUKU's unique value proposition revolves around its focus on everyday internet users rather than just the existing crypto community. By prioritising ease of use, accessibility, and practical benefits, SUKU aims to bring the advantages of decentralised technologies to a broader audience. This approach is designed to make Web3 more inclusive and user-friendly, which could drive demand for SUKU as more people adopt and engage with its ecosystem.

On the supply side, SUKU tokens are available on centralised crypto exchanges, with Coinbase Exchange being the most popular. The SUKU Wallet, currently in beta, is another component of the SUKU ecosystem. It allows users to leverage their social media logins for authentication, simplifying the process while maintaining security. However, users are responsible for safeguarding their non-custodial wallets and associated social media accounts.

In summary, the potential for SUKU's value to increase over time exists, and its focus on accessibility and user-friendliness could drive demand. However, as with any cryptocurrency investment, individuals should conduct thorough research and carefully consider their risk tolerance before deciding to invest in SUKU.

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