Gemini Dollar Hits Market Cap of $72.10 Million (GUSD)

Gemini Dollar (GUSD) traded up 0.1% against the U.S. dollar during the twenty-four hour period ending at 10:00 AM ET on October 26th. One Gemini Dollar token can currently be purchased for about $1.00 or 0.00001498 BTC on major cryptocurrency exchanges. Gemini Dollar has a market cap of $72.10 million and approximately $1.82 million worth of Gemini Dollar was traded on exchanges in the last 24 hours. During the last week, Gemini Dollar has traded down 0.1% against the U.S. dollar.

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

• 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.
• 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 3.7% lower against the dollar and now trades at $158.94 or 0.00238055 BTC.

Gemini Dollar Token Profile

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 72,084,067 tokens. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. The official website for Gemini Dollar is www.gemini.com/dollar. 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.

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.”

Gemini Dollar Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Gemini Dollar directly using US dollars. Investors seeking to acquire Gemini Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Gemini Dollar using one of the exchanges listed above.

GUSD/USD price chart by TradingView