Convert and Swap SocialGood SG to United States Dollar USD
SG/USD: 1 SocialGood equals $0.21 USD
SocialGood (SG) is not tradable on Coinbase.
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Last update: 3:13 PM, December 23, 2024
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SocialGood is falling this week.
The current price of SocialGood is $0.21 per SG. With a circulating supply of 23,653,216.793 SG, it means that SocialGood has a total market cap of $5,029,983.62. The amount of SocialGood traded has fallen by $65,721.51 in the last 24 hours, which is a 89.19% decrease. Additionally, in the last day, $73,690.03 worth of SG has been traded.
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About SocialGood
SocialGood (SG) is a unique cryptocurrency that aims to make the world a better place. It operates within the SocialGood Ecosystem, a system that rewards users with SG tokens for their everyday shopping activities. The more users shop, the more SG tokens they earn, and the more SocialGood, Inc. buys back SG from the market, potentially raising the price of SG. This innovative approach, known as Shopping Mining™, allows users to accumulate SG tokens without any additional cost. SG tokens function as a Membership Access Pass to use the SocialGood App's services, and their demand increases in proportion to the demand for the app.
SocialGood operates on a simple principle: the more you shop via the SocialGood App, the more SG tokens you earn. These tokens are then bought back by SocialGood, Inc., potentially raising their market value. This process, known as Shopping Mining™, allows users to earn SG tokens while shopping at over 1,800 partnered sites worldwide. The SG tokens function as a Membership Access Pass, granting users access to the app's services. As the demand for the app increases, so does the demand for SG tokens, creating a positive cycle of growth within the SocialGood Ecosystem.
SocialGood aims to democratize asset ownership by rewarding users with SG tokens for their everyday shopping activities. These tokens can be used to access the services of the SocialGood App, and as the user base grows, the value of these tokens may increase. In the future, SocialGood, Inc. intends to make SG tokens usable as a payment method at partnered retail stores, further increasing their utility. Additionally, the SocialGood Ecosystem aims to contribute to societal improvement by automatically donating a portion of its economic activities to globally contributing organizations.
SocialGood was founded in 2018 by Soichiro Takaoka, a serial entrepreneur with over 23 years of experience in the fintech field. The project is based in Japan, a country known for its widespread use of shopping reward systems and its early adoption of cryptocurrency. SocialGood, Inc. has registered 68 patents related to the Crypto Back business model and has received support from the Tokyo Metropolitan Government and the Japanese governmental organization JETRO. The project raised approximately $14.2M in VC equity funding, making it one of the largest investments to date for a Japan-based Web3 company.
How SocialGood and United States Dollar differ
SocialGood (SG) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. SG is a cryptocurrency that operates within the SocialGood Ecosystem, a system that rewards users with SG tokens for their everyday shopping activities. This process, known as Shopping Mining™, allows users to accumulate SG tokens without any additional cost. The tokens function as a Membership Access Pass to use the SocialGood App's services, and their demand increases in proportion to the demand for the app. On the other hand, the USD is a traditional fiat currency, issued and regulated by the U.S. government, and used for a wide range of transactions, from buying groceries to paying taxes. Unlike SG, the value of the USD is not directly tied to a specific app or service, but rather to the overall health of the U.S. economy. Furthermore, while SocialGood aims to democratize asset ownership and contribute to societal improvement by automatically donating a portion of its economic activities to globally contributing organizations, the USD does not have such a built-in mechanism for societal impact.
Frequently asked questions
How much is 1 SocialGood in USD?
Right now, 1 SocialGood is worth about $0.21.
How much SG could I buy for 1 USD?
Based on the current rate, you could get 4.71 SG for 1 USD.
How much has the price of SocialGood changed?
SocialGood price has been declining. Since yesterday, the exchange rate of SocialGood has decreased. Since last month, the exchange rate of SocialGood has decreased. Since this time last year, the price of SocialGood has increased.
How do I calculate or convert SG to USD?
You can use our SG to USD calculator at the top of this page to convert any amount of SG to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 23.57 SG. Inversely, 5 SG will cost about $1.06
How can I buy 1 SocialGood on Coinbase?
SocialGood can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy SocialGood.
What are assets similar to SocialGood that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to SocialGood, including xx network, Pi INU, and DigiMax DGMT. For a more robust list of assets to explore, jump to the asset page dedicated to SocialGood.
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SG to United States Dollar conversion tables
The exchange rate of SocialGood is decreasing.
The current value of 1 SG is $0.21 USD. In other words, to buy 5 SocialGood, it would cost you $1.06 USD. Inversely, $1.00 USD would allow you to trade for 4.71 SG while $50.00 USD would convert to 235.65 SG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.07%. Meanwhile, in the last 24 hours, the rate has changed by 2.19%, and that the the highest exchange rate of 1 SG to United States Dollar was $0.23 USD and the lowest 24 hour value was 1 SG for $0.21 USD. This time last month, the value of 1 SG was $0.23 USD, which is a 8.77% increase from where it is now. Looking back a year, SocialGood has changed by $0.04 USD.
SG to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.21 USD | -2.19% | $0.22 USD | -6.07% | $0.23 USD | -8.77% | $0.0446 USD | 390.04% |
SG to USD
Amount | Today at 3:13 pm |
|---|---|
0.5 SG | $0.11 |
1 SG | $0.21 |
5 SG | $1.06 |
10 SG | $2.12 |
50 SG | $10.61 |
100 SG | $21.22 |
500 SG | $106.09 |
1,000 SG | $212.18 |
USD to SG
Amount | Today at 3:13 pm |
|---|---|
0.5 USD | 2.36 SG |
1 USD | 4.71 SG |
5 USD | 23.57 SG |
10 USD | 47.13 SG |
50 USD | 235.65 SG |
100 USD | 471.30 SG |
500 USD | 2,356.51 SG |
1,000 USD | 4,713.02 SG |
Today vs. 24 hours ago
Amount | Today at 3:13 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SG | $0.11 | $0.11 | -1.13% |
1 SG | $0.21 | $0.21 | -1.13% |
5 SG | $1.06 | $1.07 | -1.13% |
10 SG | $2.12 | $2.15 | -1.13% |
50 SG | $10.61 | $10.73 | -1.13% |
100 SG | $21.22 | $21.46 | -1.13% |
500 SG | $106.09 | $107.30 | -1.13% |
1,000 SG | $212.18 | $214.59 | -1.13% |
Today vs. 1 month ago
Amount | Today at 3:13 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SG | $0.11 | $0.12 | -7.89% |
1 SG | $0.21 | $0.23 | -7.89% |
5 SG | $1.06 | $1.15 | -7.89% |
10 SG | $2.12 | $2.30 | -7.89% |
50 SG | $10.61 | $11.52 | -7.89% |
100 SG | $21.22 | $23.03 | -7.89% |
500 SG | $106.09 | $115.17 | -7.89% |
1,000 SG | $212.18 | $230.34 | -7.89% |
Today vs. 1 year ago
Amount | Today at 3:13 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SG | $0.11 | $0.0223 | +376.05% |
1 SG | $0.21 | $0.0446 | +376.05% |
5 SG | $1.06 | $0.22 | +376.05% |
10 SG | $2.12 | $0.45 | +376.05% |
50 SG | $10.61 | $2.23 | +376.05% |
100 SG | $21.22 | $4.46 | +376.05% |
500 SG | $106.09 | $22.29 | +376.05% |
1,000 SG | $212.18 | $44.57 | +376.05% |
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