The Sun Token is the basic utility token native to the SUN.io platform. Token mining and stablecoin swaps are two services that are supported by the Sun.io website.
The Sun token is positioned as the Bitcoin equivalent in the TRON network while relying on zero outside investment along with a lack of pre-mining or team reserves.
The Sun Token has been developed essentially to promote the development of decentralized finance on the platform and has been entirely operated through the community by making use of smart contracts to encourage growth.
The Sun (SUN) token being its native token environment allows its holders to make decisions about the governance of the platform while giving them various benefits for being a part of the community.
In the table below we can see the current market standing and other details of the coin.
| Name of the token | Sun |
| Token Marker | SUN |
| Current Price | $ 0.011372 |
| Price Change | +0.30% |
| Market Cap | $113,137,971 |
| Volume (24h) | $21,626,951 |
The all-time high price of the token was achieved on October 20, 2021, at a price of $0.05436 while the all-time low price of the coin was at $0.004632 which was achieved on November 14, 2022.
The current price of the coin is 79.06% lower than its all-time high value and 145.69% higher than its all-time low value
In the next section, we will look at some of the functionalities of the Sun(SUN) token
the functionalities of the Sun (SUN) Token
The Sun (SUN) token has a lot of functionalities when it comes to the role it plays in the Sun.io platform.
A few of these functionalities include the following:
- Voting rights regarding the platform’s governance
- Method of payment for the services in the platform
- Stacking for rewards to earn a passive income
- support for the development and advancement of the decentralized finance network system
These are a few of the functionalities of the Sun (SUN) token in its native ecosystem.
Sun Token (SUN) Price Prediction 2024 – 2030
The table given below shows the Minimum and Maximum prices that have been predicted for the Sun (SUN) token starting from the year 2024 till 2030.
| Year | Minimum Price | Maximum Price |
| 2024 | $ 0.011217 | $ 0.037212 |
| 2025 | $ 0.011346 | $ 0.053599 |
| 2026 | $ 0.009464 | $ 0.030113 |
| 2027 | $ 0.010376 | $ 0.02125 |
| 2028 | $ 0.015318 | $ 0.036137 |
| 2029 | $ 0.028968 | $ 0.072122 |
| 2030 | $ 0.02859 | $ 0.046356 |
Looking at the monthly price prediction of the coin, the Sun Token is estimated to rise by 227.98% and reach the higher price end of $ 0.037212 by 28th July.
The current market sentiment towards the coin is Bearish with the Fear & Greed Index showing a neutral number of 47 when it comes to the coin.
The token had 13 green days over the past 30 days and had a price volatility of 3.49% around the same time.
In the next section, we will look at a few of the exchanges that list the Sun(SUN) token.
Where to buy the Sun (SUN) token
The Sun (SUN) token is listed in many exchanges such as the following:
- OKX
- Bybit
- Binance
- Upbit
- Gate.io
- KuCoin
- HTX
In the next section, we will look at the step-by-step process to purchase the Sun(SUN) token.
How to buy the Sun (SUN) token
The steps to buy the Sun (SUN) token are quite simple and straightforward.
Since it has been listed in many of the popular crypto exchanges the process can be followed through by anyone including a beginner.
The steps to follow through to buy the Sun (SUN) token are as follows.
- Step 1
Creating an Account: The first step to buy the coin is to create an account in any of the given crypto exchanges that currently lists the Sun (SUN) token
- Step 2
Filling out the necessary information: The second step to be followed is to fill out the required information such as email address, phone number, login credentials, and other information that are requested according to the KYC norms.
- Step 3
Buying the coin: The next step is to navigate to the page that details the Sun (SUN) token and place your order according to the price and volume that is preferred by the user.
- Step 4
Selecting payment method: As the fourth step of the process select the method of payment that you would like to take up to fulfill your transaction.
The accepted payment methods would differ based on the exchange you have chosen to transact with.
- Step 5
Completing the transaction: As the final step make sure that the transaction is successful and the coin has been credited to your account.
These are the only steps that you will need to follow to purchase a Sun (SUN) Token from any of the popular centralized exchanges.
Now, let us look at what we can conclude from the data that we have looked at in the previous sections.
Final Thoughts
Looking at the data we have analyzed in the section above we can conclude that as per the analysis and predictions set forward by the market analysts for the coin, the present conditions do not favor the decision of the investor to buy the coin right now.
The long-term trends of the coin however show a lot of potential for the coin to rise up to amounts that could give the investor a good Return on Investment for his purchases.
To conclude, it is quite an advantage for the investor that the value of the coin has been tied to the workings of a website that has such a good community following and support.
Further developments in the functioning of the platform might be the added benefactor for the stable growth of the coin.
