Gemini Dollar (GUSD) Price Hits $1.00 on Major Exchanges

Gemini Dollar (GUSD) traded down 0.2% against the US dollar during the 1 day period ending at 11:00 AM E.T. on May 24th. Over the last seven days, Gemini Dollar has traded down 0.3% against the US dollar. Gemini Dollar has a total market cap of $40.58 million and $593.15 thousand worth of Gemini Dollar was traded on exchanges in the last 24 hours. One Gemini Dollar token can currently be purchased for about $1.00 or 0.00001306 BTC on popular exchanges.

Here is how related 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 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.3% against the dollar and now trades at $76,661.19 or 1.00387251 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.2% lower against the dollar and now trades at $75,086.69 or 0.99669561 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Gemini Dollar

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 40,685,446 tokens. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. 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 website is www.gemini.com/dollar.

According to CryptoCompare, “Gemini is a licensed digital asset financial platform. It enables users with the ability to trade (buy/sell), and store digital assets by granting them the access to custody services and a crypto marketplace. Gemini platform works under the regulatory oversight of the New York State Department of Financial Services. The GUSD token is an Ethereum-based (ERC-20) cryptocurrency developed by Gemini. It is a stable coin which is attached to the USD, giving it the stability of fiat along with the advantages of cryptocurrency.”

Buying and Selling Gemini Dollar

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

GUSD/USD price chart by TradingView