Gemini Dollar Achieves Market Cap of $64.96 Million (GUSD)

Gemini Dollar (GUSD) traded 0% higher against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on November 3rd. One Gemini Dollar token can now be bought for about $1.00 or 0.00001463 BTC on popular cryptocurrency exchanges. Gemini Dollar has a market capitalization of $64.96 million and approximately $1.64 million worth of Gemini Dollar was traded on exchanges in the last day. Over the last week, Gemini Dollar has traded up 0.1% against the U.S. dollar.

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

• 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 1.9% against the dollar and now trades at $68,285.98 or 0.99942067 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $68,231.78 or 0.99862742 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Token Profile

Gemini Dollar was first traded on September 9th, 2018. Gemini Dollar’s total supply is 64,999,844 tokens. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. The official website for Gemini Dollar 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.”

Gemini Dollar Token Trading

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

GUSD/USD price chart by TradingView