Gemini Dollar Price Reaches $1.00 (GUSD)

Gemini Dollar (GUSD) traded 0% lower against the US dollar during the 24 hour period ending at 11:00 AM ET on April 25th. Gemini Dollar has a market cap of $101.14 million and approximately $1.61 million worth of Gemini Dollar was traded on exchanges in the last 24 hours. One Gemini Dollar token can currently be bought for about $1.00 or 0.00001577 BTC on major exchanges. Over the last seven days, Gemini Dollar has traded 0.3% lower against the US dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 4.9% lower against the dollar and now trades at $0.32 or 0.00000504 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 3.1% against the dollar and now trades at $0.0092 or 0.00000014 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’s launch date was September 9th, 2018. Gemini Dollar’s total supply is 101,218,023 tokens. The official website for Gemini Dollar is www.gemini.com/dollar. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-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, “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 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 Gemini, GDAX or Coinbase. 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