Gemini Dollar Achieves Market Cap of $114.05 Million (GUSD)

Gemini Dollar (GUSD) traded up 0.1% against the dollar during the 24 hour period ending at 8:00 AM Eastern on July 4th. Over the last seven days, Gemini Dollar has traded down 0.1% against the dollar. One Gemini Dollar token can currently be bought for approximately $1.00 or 0.00001737 BTC on major exchanges. Gemini Dollar has a total market cap of $114.05 million and $3.57 million worth of Gemini Dollar was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 9.7% lower against the dollar and now trades at $0.18 or 0.00000319 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 down 1.6% against the dollar and now trades at $0.0118 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Profile

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 114,051,180 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. Gemini Dollar’s official website is www.gemini.com/dollar. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here.

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 currently possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using U.S. dollars. Investors seeking to acquire Gemini Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Gemini Dollar using one of the exchanges listed above.

GUSD/USD price chart by TradingView