Gemini Dollar Market Capitalization Tops $53.69 Million (GUSD)

Gemini Dollar (GUSD) traded 0.2% higher against the US dollar during the 24 hour period ending at 11:00 AM ET on March 10th. Gemini Dollar has a market capitalization of $53.69 million and $1.09 million worth of Gemini Dollar was traded on exchanges in the last 24 hours. One Gemini Dollar token can now be bought for about $1.00 or 0.00001247 BTC on popular cryptocurrency exchanges. During the last seven days, Gemini Dollar has traded down 0.1% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Taiko (TAIKO) traded 3% lower against the dollar and now trades at $0.75 or 0.00000929 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 2.2% lower 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 5.3% lower against the dollar and now trades at $80,172.35 or 0.99902256 BTC.
• SolvBTC (SOLVBTC) traded down 4.2% against the dollar and now trades at $80,086.16 or 0.99794850 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Gemini Dollar

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 53,633,725 tokens. 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 Twitter account is @gemini and its Facebook page is accessible here. The official website for Gemini Dollar is www.gemini.com/dollar. 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.”

Buying and Selling Gemini Dollar

It is usually not presently 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 GDAX, Coinbase or Gemini. 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