Celo Dollar (CUSD) Price Hits $1.00 on Major Exchanges

Celo Dollar (CUSD) traded down 0% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM Eastern on August 20th. Celo Dollar has a market capitalization of $35.52 million and approximately $2.94 million worth of Celo Dollar was traded on exchanges in the last 24 hours. In the last week, Celo Dollar has traded down 0.1% against the U.S. dollar. One Celo Dollar token can currently be purchased for about $1.00 or 0.00001691 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• 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 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.
• 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 4.3% higher against the dollar and now trades at $0.0150 or 0.00000025 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 3.8% against the dollar and now trades at $0.0449 or 0.00000076 BTC.

Celo Dollar Profile

Celo Dollar launched on June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 35,554,166 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.”

Celo Dollar Token Trading

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

CUSD/USD price chart by TradingView