Celo Dollar (CUSD) Price Hits $1.00 on Top Exchanges

Celo Dollar (CUSD) traded up 0.1% against the dollar during the 24 hour period ending at 18:00 PM Eastern on August 1st. Over the last seven days, Celo Dollar has traded up 0.4% against the dollar. One Celo Dollar token can currently be bought for approximately $1.00 or 0.00001542 BTC on major exchanges. Celo Dollar has a total market cap of $35.54 million and $3.29 million worth of Celo Dollar was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 3.2% lower against the dollar and now trades at $0.17 or 0.00000260 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 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.
• Kitty Inu (KITTY) traded up 1.9% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.6% against the dollar and now trades at $0.0127 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Celo Dollar 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. Celo Dollar’s official Twitter account is @celoorg and its Facebook page is accessible here. Celo Dollar’s official website is celo.org. The Reddit community for Celo Dollar is https://reddit.com/r/celo and the currency’s Github account can be viewed 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 currently possible to purchase alternative cryptocurrencies such as Celo Dollar directly using US dollars. Investors seeking to trade Celo Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Celo Dollar using one of the aforementioned exchanges.

CUSD/USD price chart by TradingView