Celo Dollar Market Cap Tops $35.55 Million (CUSD)

Celo Dollar (CUSD) traded 0% higher against the U.S. dollar during the 1-day period ending at 12:00 PM ET on December 16th. One Celo Dollar token can currently be purchased for about $1.00 or 0.00000933 BTC on exchanges. Celo Dollar has a total market cap of $35.55 million and $3.71 million worth of Celo Dollar was traded on exchanges in the last 24 hours. In the last seven days, Celo Dollar has traded 0% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed in 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 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 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.
• SolvBTC (SOLVBTC) traded 3.8% higher against the dollar and now trades at $106,661.92 or 0.99560531 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.7% against the dollar and now trades at $105,999.25 or 0.98941977 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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.

Celo Dollar Profile

Celo Dollar’s genesis date was 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. Celo Dollar’s official Twitter account is @celoorg and its Facebook page is accessible here. The Reddit community for Celo Dollar is https://reddit.com/r/celo and the currency’s Github account can be viewed 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 currently possible to buy alternative cryptocurrencies such as Celo Dollar directly using U.S. dollars. Investors seeking to acquire Celo Dollar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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