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The current real-time price of SUGAR is $0.0{4}2198. In the past 24 hours, SUGAR has traded between $0.0{4}2197 and $0.0{4}2198, showing strong market activity. The all-time high of SUGAR is $0.0158, and the all-time low is $0.0{4}2098.
From a short-term perspective, the price change of SUGAR over the past 1 hour is , over the past 24 hours is 0.00%, and over the past 7 days is +0.00%. These figures provide a quick overview of the latest price trends and market dynamics of SUGAR on LBank.-8.31%
The live price of SUGAR today is $0.0{4}2198, with a current market cap of $20,989.14. The 24-hour trading volume is 10.81. The price of SUGAR to USD is updated in real time.
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Before deciding whether to buy or sell SUGAR, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SUGAR technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SUGAR.
How much will SUGAR be worth tomorrow, next week, or next month in ? What about your SUGAR assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SUGAR Price Prediction
To learn more about SUGAR, consider exploring other resources such as the whitepaper, official website, and other published information:
The project is inspired by a real-life squirrel named Sugar Bush, famous for being the 'most photographed squirrel in the world.' In 2013, Cardano founder Charles Hoskinson proposed on the Bitcointalk forum that Sugar Bush become the official mascot of Bitcoin to drive mainstream adoption. The current token project was created by the community to resurrect this decade-old concept.
No, Charles Hoskinson is not the founder. Although he originated the idea of using the squirrel as a mascot in 2013, the current tokens are community-driven initiatives. Hoskinson has acknowledged the project in public videos, confirming its historical context while clarifying that he does not run or manage the project himself.
The Sugar Bush project operates on two major blockchains: Cardano ($SUGR) and Solana ($SUGAR). The Cardano-based version is generally viewed as the primary project within the community because it aligns with the ecosystem of its original ideator and features a more developed decentralized application (DApp) infrastructure.
The tokens are available on various cryptocurrency platforms. For a secure and reliable trading experience, users can look for these assets on leading global exchanges like LBank. By choosing reputable platforms like LBank, traders can access the Sugar Bush ecosystem alongside a wide range of other innovative Web3 projects.
The Sugar Factory is the central staking platform for the project on the Cardano network. Users can deposit their $SUGR tokens to earn 'Diamond Nuts,' representing their share of the pool. To incentivize long-term participation, a 10% fee is applied to withdrawals, with 8% of those funds redistributed to the remaining stakers.
The project prioritizes security by burning initial liquidity provider tokens to prevent potential rug pulls. Additionally, the ecosystem features a deflationary burning mechanism where a portion of fees from the Sugar Factory and other games are permanently removed from circulation, helping to manage the total supply of the token.
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