Celo Dollar Price Tops $1.00 on Exchanges (CUSD)

Celo Dollar (CUSD) traded down 0% against the US dollar during the one day period ending at 18:00 PM E.T. on October 16th. One Celo Dollar token can currently be purchased for about $1.00 or 0.00001481 BTC on cryptocurrency exchanges. In the last week, Celo Dollar has traded up 0.1% against the US dollar. Celo Dollar has a total market capitalization of $35.55 million and approximately $2.02 million worth of Celo Dollar was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• 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.
• 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 8.1% higher against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 1.4% higher against the dollar and now trades at $169.21 or 0.00250633 BTC.

About Celo Dollar

Celo Dollar launched on June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 35,554,166 tokens. The official website for Celo Dollar 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. 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.”

Celo Dollar Token Trading

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

CUSD/USD price chart by TradingView