Gemini Dollar (GUSD) Price Tops $1.00 on Exchanges
by Sarita Garza · The Markets DailyGemini Dollar (GUSD) traded down 0% against the U.S. dollar during the 24 hour period ending at 10:00 AM E.T. on March 29th. Over the last week, Gemini Dollar has traded down 0.1% against the U.S. dollar. One Gemini Dollar token can now be bought for $1.00 or 0.00001502 BTC on major exchanges. Gemini Dollar has a market capitalization of $43.49 million and $739.66 thousand worth of Gemini Dollar was traded on exchanges in the last day.
Here’s how similar cryptocurrencies have performed over the last day:
- Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
- CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
- Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
- Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
- Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
- SolvBTC (SOLVBTC) traded 0.2% lower against the dollar and now trades at $66,540.03 or 0.99987626 BTC.
- SolvBTC.BBN (SOLVBTC.BB) traded 0.8% higher against the dollar and now trades at $66,485.03 or 0.99516683 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
Gemini Dollar Token Profile
Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 43,511,803 tokens. The official website for Gemini Dollar is www.gemini.com/dollar. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here.
According to CryptoCompare, “Gemini is a licensed digital asset financial platform. It enables users with the ability to trade (buy/sell), and store digital assets by granting them the access to custody services and a crypto marketplace. Gemini platform works under the regulatory oversight of the New York State Department of Financial Services. The GUSD token is an Ethereum-based (ERC-20) cryptocurrency developed by Gemini. It is a stable coin which is attached to the USD, giving it the stability of fiat along with the advantages of cryptocurrency.”
Gemini Dollar Token Trading
It is usually not currently possible to buy alternative cryptocurrencies such as Gemini Dollar directly using U.S. dollars. Investors seeking to trade Gemini Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Gemini Dollar using one of the aforementioned exchanges.
GUSD/USD price chart by TradingView