Celo Dollar (CUSD) Market Cap Reaches $35.56 Million

Celo Dollar (CUSD) traded 0% higher against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on November 6th. One Celo Dollar token can now be bought for about $1.00 or 0.00001344 BTC on popular cryptocurrency exchanges. Celo Dollar has a market capitalization of $35.56 million and approximately $3.82 million worth of Celo Dollar was traded on exchanges in the last day. Over the last week, Celo Dollar has traded up 0% against the U.S. dollar.

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

• 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 down 2.2% 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 2.2% lower 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.
• SolvBTC (SOLVBTC) traded up 8.4% against the dollar and now trades at $74,495.57 or 1.00134122 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 6.6% against the dollar and now trades at $73,094.21 or 0.98250471 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Celo Dollar Token Profile

Celo Dollar was first traded 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.”

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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