Gemini Dollar (GUSD) Achieves Market Cap of $101.21 Million

Gemini Dollar (GUSD) traded 0.1% higher against the U.S. dollar during the 1-day period ending at 23:00 PM Eastern on July 31st. Gemini Dollar has a total market capitalization of $101.21 million and $660,491.50 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 0.00001563 BTC on major cryptocurrency exchanges. During the last seven days, Gemini Dollar has traded 0% higher against the U.S. dollar.

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

• KILT Protocol (KILT) traded down 3.6% against the dollar and now trades at $0.17 or 0.00000272 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 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.
• Lumi Credits (LUMI) traded 1.7% lower 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.

About Gemini Dollar

Gemini Dollar was first traded on September 9th, 2018. Gemini Dollar’s total supply is 101,205,063 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. Gemini Dollar’s official website is www.gemini.com/dollar.

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 U.S. dollars. Investors seeking to trade Gemini Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Gemini Dollar using one of the aforementioned exchanges.

GUSD/USD price chart by TradingView