Gemini Dollar (GUSD) Market Capitalization Hits $71.57 Million

Gemini Dollar (GUSD) traded down 0.1% against the U.S. dollar during the twenty-four hour period ending at 10:00 AM E.T. on October 17th. One Gemini Dollar token can now be bought for about $1.00 or 0.00001488 BTC on cryptocurrency exchanges. During the last seven days, Gemini Dollar has traded 0.2% lower against the U.S. dollar. Gemini Dollar has a total market cap of $71.57 million and $829,725.27 worth of Gemini Dollar was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 0.1% higher against the dollar and now trades at $169.07 or 0.00251927 BTC.

About Gemini Dollar

Gemini Dollar was first traded on September 9th, 2018. Gemini Dollar’s total supply is 71,674,549 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. Gemini Dollar’s official website 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. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar.

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 presently possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using US dollars. Investors seeking to acquire Gemini Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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