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Sun Token (SUN) is the 279th largest cryptocurrency in the world by market cap, valued at $118,110,833. The current price of Sun Token is $0.005935, which is 2.628% higher than yesterday. Prices have ranged between $0.0060316 and $0.00566913 over the past 24 hours. All prices are listed in US dollars and accurate as of January 26, 2023 10:01 UTC.
SUN is a new player in the decentralized finance (DeFi) world and offers a unique selling point when compared with similar platforms. Whereas most DeFi swapping applications are built on either Ethereum or Binance Smart Chain, SUN is the first stablecoin decentralized exchange (DEX) built on the Tron blockchain.
In May 2021, SUN underwent a major overhaul, including token redenomination and redistribution as well as the addition of new platform features.
According to SUN’s website, the application now allows trading between 4 stablecoins: USDJ, TUSD, USDC and USDT. You can provide liquidity to any variation of these pools, alongside staking SUN on the network. There is also a feature known as "SunSwap" that supports the trading of over 10 popular cryptocurrencies, including Bitcoin and Ethereum.
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Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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