Gemini Dollar Price Tops $1.00 on Exchanges (GUSD)

Gemini Dollar (GUSD) traded 0.1% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on February 18th. Over the last seven days, Gemini Dollar has traded down 0.1% against the U.S. dollar. One Gemini Dollar token can now be purchased for about $1.00 or 0.00001048 BTC on major cryptocurrency exchanges. Gemini Dollar has a market cap of $56.84 million and $556,720.35 worth of Gemini Dollar was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over 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 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.
• 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.
• SolvBTC (SOLVBTC) traded down 0.8% against the dollar and now trades at $95,354.11 or 0.99952012 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.7% against the dollar and now trades at $94,966.63 or 0.99545851 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.

Gemini Dollar Token Profile

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 56,857,413 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. 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.

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 U.S. dollars. Investors seeking to acquire Gemini Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Gemini Dollar using one of the aforementioned exchanges.

GUSD/USD price chart by TradingView