Gemini Dollar (GUSD) Market Cap Reaches $106.19 Million

Gemini Dollar (GUSD) traded up 0.1% against the U.S. dollar during the 24 hour period ending at 19:00 PM Eastern on April 23rd. Gemini Dollar has a market capitalization of $106.19 million and approximately $1.50 million worth of Gemini Dollar was traded on exchanges in the last 24 hours. One Gemini Dollar token can now be purchased for $1.00 or 0.00001506 BTC on major exchanges. In the last seven days, Gemini Dollar has traded down 0.2% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded up 1% against the dollar and now trades at $0.34 or 0.00000507 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% higher against the dollar and now trades at $0.0089 or 0.00000013 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Token Profile

Gemini Dollar’s launch date was September 9th, 2018. Gemini Dollar’s total supply is 106,213,242 tokens. The official website for Gemini Dollar is www.gemini.com/dollar. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here.

According to CryptoCompare, “The Gemini dollar (GUSD) is a U.S. dollar-backed stablecoin developed by Gemini, a licensed digital asset platform. It’s a fast and efficient cryptocurrency used in the crypto economy. GUSD was created by the Gemini crypto exchange, founded by the Winklevoss twins. GUSD is used for global transfers and earning interest through lending services.”

Gemini Dollar Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using US dollars. Investors seeking to trade Gemini Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Gemini Dollar using one of the aforementioned exchanges.

GUSD/USD price chart by TradingView