Gemini Dollar (GUSD) Achieves Market Cap of $101.21 Million

Gemini Dollar (GUSD) traded 0.1% higher against the US dollar during the 24-hour period ending at 23:00 PM E.T. on July 31st. During the last seven days, Gemini Dollar has traded up 0% against the US dollar. Gemini Dollar has a total market capitalization of $101.21 million and $660,491.50 worth of Gemini Dollar was traded on exchanges in the last day. One Gemini Dollar token can now be bought for about $1.00 or 0.00001563 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 3.6% against the dollar and now trades at $0.17 or 0.00000272 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 down 2.2% 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.7% against the dollar and now trades at $0.0127 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Profile

Gemini Dollar was first traded on September 9th, 2018. Gemini Dollar’s total supply is 101,205,063 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. 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 website is www.gemini.com/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.”

Buying and Selling Gemini Dollar

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

GUSD/USD price chart by TradingView