Celo Dollar 24 Hour Trading Volume Reaches $5.57 Million (CUSD)

Celo Dollar (CUSD) traded 0.1% higher against the US dollar during the 1-day period ending at 17:00 PM E.T. on July 5th. Celo Dollar has a market cap of $35.53 million and $5.57 million worth of Celo Dollar was traded on exchanges in the last 24 hours. One Celo Dollar token can now be purchased for $1.00 or 0.00001770 BTC on popular exchanges. In the last seven days, Celo Dollar has traded up 0.1% against the US dollar.

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

• KILT Protocol (KILT) traded down 2.6% against the dollar and now trades at $0.18 or 0.00000326 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1% against the dollar and now trades at $0.0117 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Celo Dollar Token Profile

Celo Dollar launched on June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 35,557,304 tokens. The Reddit community for Celo Dollar is https://reddit.com/r/celo and the currency’s Github account can be viewed here. Celo Dollar’s official website 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.”

Buying and Selling Celo Dollar

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

CUSD/USD price chart by TradingView