Celo Dollar (CUSD) Reaches Market Cap of $35.51 Million

Celo Dollar (CUSD) traded down 0% against the U.S. dollar during the 1-day period ending at 11:00 AM E.T. on July 4th. Celo Dollar has a total market capitalization of $35.51 million and approximately $3.98 million worth of Celo Dollar was traded on exchanges in the last 24 hours. During the last week, Celo Dollar has traded 0.1% lower against the U.S. dollar. One Celo Dollar token can now be bought for approximately $1.00 or 0.00001743 BTC on popular cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 8.6% lower against the dollar and now trades at $0.19 or 0.00000324 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 1.9% against the dollar and now trades at $0.0117 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Celo Dollar

Celo Dollar’s launch date was June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 35,557,304 tokens. Celo Dollar’s official Twitter account is @celoorg and its Facebook page is accessible here. Celo Dollar’s official website is celo.org. The Reddit community for Celo Dollar is https://reddit.com/r/celo and the currency’s Github account can be viewed here.

According to CryptoCompare, “Celo Dollar (cUSD) is a stablecoin pegged to the US dollar, providing stability and usability within the Celo blockchain ecosystem. It functions as a reliable medium of exchange and a tool for decentralized financial applications, especially beneficial in regions with volatile local currencies. The Celo Foundation, with a team skilled in technology, finance, and social initiatives, spearheads the project, focusing on financial inclusivity and leveraging blockchain for social good.”

Buying and Selling Celo Dollar

It is usually not possible to buy alternative cryptocurrencies such as Celo Dollar directly using U.S. dollars. Investors seeking to trade Celo Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Celo Dollar using one of the exchanges listed above.

CUSD/USD price chart by TradingView