Gemini Dollar Price Hits $1.00 on Major Exchanges (GUSD)

Gemini Dollar (GUSD) traded 0.1% lower against the US dollar during the 24-hour period ending at 23:00 PM Eastern on August 6th. Gemini Dollar has a total market cap of $99.38 million and approximately $1.66 million worth of Gemini Dollar was traded on exchanges in the last 24 hours. Over the last seven days, Gemini Dollar has traded 0.3% higher against the US dollar. One Gemini Dollar token can currently be bought for $1.00 or 0.00001766 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over 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 down 2.2% 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 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 2% higher against the dollar and now trades at $0.0122 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 8.2% higher against the dollar and now trades at $0.0678 or 0.00000121 BTC.

About Gemini Dollar

Gemini Dollar was first traded on September 9th, 2018. Gemini Dollar’s total supply is 99,267,761 tokens. 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. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible 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 presently possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using U.S. dollars. Investors seeking to acquire Gemini Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Gemini Dollar using one of the aforementioned exchanges.

GUSD/USD price chart by TradingView