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

Gemini Dollar (GUSD) traded down 0% against the US dollar during the 24-hour period ending at 10:00 AM Eastern on May 16th. Gemini Dollar has a market cap of $39.91 million and approximately $5.03 million worth of Gemini Dollar was traded on exchanges in the last 24 hours. One Gemini Dollar token can now be purchased for about $1.00 or 0.00001283 BTC on cryptocurrency exchanges. In the last week, Gemini Dollar has traded down 0% against the US dollar.

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

• 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 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.
• 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.
• SolvBTC (SOLVBTC) traded down 1.7% against the dollar and now trades at $77,937.07 or 1.00064985 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.

Gemini Dollar Token Profile

Gemini Dollar was first traded on September 9th, 2018. Gemini Dollar’s total supply is 39,939,438 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. 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.

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 presently possible to buy alternative cryptocurrencies such as Gemini Dollar directly using US dollars. Investors seeking to acquire Gemini Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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