Celo Dollar Market Capitalization Tops $35.56 Million (CUSD)

Celo Dollar (CUSD) traded 0% higher against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on October 15th. Celo Dollar has a total market capitalization of $35.56 million and approximately $2.80 million worth of Celo Dollar was traded on exchanges in the last day. One Celo Dollar token can currently be purchased for about $1.00 or 0.00001487 BTC on popular exchanges. During the last week, Celo Dollar has traded up 0.1% against the US dollar.

Here is how related 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 11.6% against the dollar and now trades at $0.0457 or 0.00000068 BTC.
• P2P Solutions foundation (P2PS) traded down 0.2% against the dollar and now trades at $169.74 or 0.00252326 BTC.

About Celo Dollar

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. The Reddit community for Celo Dollar is https://reddit.com/r/celo and the currency’s Github account can be viewed here. The official website for Celo Dollar is celo.org. Celo Dollar’s official Twitter account is @celoorg and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as Celo Dollar directly using U.S. dollars. Investors seeking to acquire Celo Dollar should first purchase 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 purchase Celo Dollar using one of the aforementioned exchanges.

CUSD/USD price chart by TradingView