Gemini Dollar Reaches Market Capitalization of $57.21 Million (GUSD)

Gemini Dollar (GUSD) traded 0.4% lower against the dollar during the 24 hour period ending at 10:00 AM E.T. on February 6th. Over the last seven days, Gemini Dollar has traded 0.4% higher against the dollar. Gemini Dollar has a market capitalization of $57.21 million and $900,380.04 worth of Gemini Dollar was traded on exchanges in the last 24 hours. One Gemini Dollar token can now be purchased for $1.00 or 0.00001022 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• GMX (GMX) traded 1.2% lower against the dollar and now trades at $16.74 or 0.00017123 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.2% against the dollar and now trades at $97,789.57 or 1.00003066 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.1% against the dollar and now trades at $97,512.15 or 0.99719363 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 57,219,855 tokens. 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. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. Gemini Dollar’s official website 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.”

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 trade Gemini Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, 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