Gemini Dollar Hits Market Capitalization of $93.46 Million (GUSD)

Gemini Dollar (GUSD) traded 0.1% higher against the US dollar during the 24-hour period ending at 17:00 PM ET on May 2nd. Gemini Dollar has a total market capitalization of $93.46 million and $1.74 million worth of Gemini Dollar was traded on exchanges in the last 24 hours. One Gemini Dollar token can currently be bought for approximately $1.00 or 0.00001701 BTC on cryptocurrency exchanges. During the last seven days, Gemini Dollar has traded up 0.1% against the US dollar.

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

• KILT Protocol (KILT) traded up 4.2% against the dollar and now trades at $0.30 or 0.00000505 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 down 2.2% 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 $0.0100 or 0.00000017 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 93,347,495 tokens. The official message board for Gemini Dollar 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 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, “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.”

Gemini Dollar Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using U.S. dollars. Investors seeking to acquire Gemini Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Gemini Dollar using one of the aforementioned exchanges.

GUSD/USD price chart by TradingView