Gemini Dollar Price Hits $1.00 (GUSD)

Gemini Dollar (GUSD) traded 0.1% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on March 2nd. Over the last seven days, Gemini Dollar has traded 0% higher against the U.S. dollar. Gemini Dollar has a market cap of $53.23 million and $873,088.18 worth of Gemini Dollar was traded on exchanges in the last day. One Gemini Dollar token can now be purchased for approximately $1.00 or 0.00001176 BTC on exchanges.

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

• Taiko (TAIKO) traded down 3.1% against the dollar and now trades at $0.94 or 0.00001105 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.1% higher against the dollar and now trades at $85,367.34 or 1.00359243 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.4% higher against the dollar and now trades at $85,331.17 or 1.00316713 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’s genesis date was September 9th, 2018. Gemini Dollar’s total supply is 53,199,204 tokens. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. Gemini Dollar’s official website 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.”

Buying and Selling Gemini Dollar

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

GUSD/USD price chart by TradingView