Gemini Dollar Price Tops $1.00 on Exchanges (GUSD)

Gemini Dollar (GUSD) traded 0% lower against the dollar during the 1 day period ending at 11:00 AM E.T. on March 18th. One Gemini Dollar token can now be purchased for about $1.00 or 0.00001228 BTC on exchanges. Over the last week, Gemini Dollar has traded down 0.1% against the dollar. Gemini Dollar has a total market cap of $53.37 million and approximately $586,952.42 worth of Gemini Dollar was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Taiko (TAIKO) traded down 2.5% against the dollar and now trades at $0.62 or 0.00000761 BTC.
• 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 2.2% lower 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $82,698.77 or 1.01629222 BTC.
• SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $81,190.52 or 0.99457319 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Gemini Dollar

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 53,245,587 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here. The official website for Gemini Dollar 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 currently possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using U.S. dollars. Investors seeking to trade Gemini Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Gemini Dollar using one of the aforementioned exchanges.

GUSD/USD price chart by TradingView