Suez Token (SUEZ) is a new token that launched after the massive blockage in the Suez Canal, aiming to ensure it doesn’t happen again in the future.
The blockage cost the global economy $54 billion as the Canal is critical to East-West trade, a huge cost that SUEZ will help prevent and as a result, it will shoot to the top of the cryptocurrency charts.
A blockage in the very busy Suez Canal grabbed headlines globally. The blockage lasted six days, cutting off one of the busiest routes in the world. In 2020, over 50 ships passed through the canal daily. Experts claim that the blockage cost the global economy $54 billion, roughly $6.7 million per minute.
Governments and private institutions are already developing systems and solutions to prevent a similar occurrence in the future. However, none is more innovative than the Suez Token. Trading under the ticker symbol SUEZ, the token is seeking to power efforts to restore the Suez Canal back to its former glory, prevent a similar chall
