Gemini Dollar Price Hits $1.00 (GUSD)

Gemini Dollar (GUSD) traded down 0.1% against the dollar during the twenty-four hour period ending at 11:00 AM Eastern on March 6th. One Gemini Dollar token can now be bought for approximately $1.00 or 0.00001108 BTC on popular cryptocurrency exchanges. Gemini Dollar has a market capitalization of $52.23 million and $743,192.54 worth of Gemini Dollar was traded on exchanges in the last 24 hours. During the last week, Gemini Dollar has traded 0.2% higher against the dollar.

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

• Taiko (TAIKO) traded 2.3% higher against the dollar and now trades at $0.83 or 0.00000916 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 2.2% lower 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 (SOLVBTC) traded 2.5% higher against the dollar and now trades at $90,307.01 or 1.00068122 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.7% against the dollar and now trades at $89,901.70 or 0.99618996 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Gemini Dollar Token Profile

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 52,210,639 tokens. The official website for Gemini Dollar is www.gemini.com/dollar. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-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 acquire Gemini Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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