Gemini Dollar Reaches Market Cap of $50.93 Million (GUSD)

Gemini Dollar (GUSD) traded up 0.1% against the US dollar during the 24 hour period ending at 10:00 AM Eastern on March 30th. During the last seven days, Gemini Dollar has traded down 0.1% against the US dollar. One Gemini Dollar token can now be purchased for about $1.00 or 0.00001208 BTC on popular cryptocurrency exchanges. Gemini Dollar has a total market cap of $50.93 million and $2.78 million worth of Gemini Dollar was traded on exchanges in the last day.

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

• 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 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 up 0.2% against the dollar and now trades at $82,695.53 or 0.99972633 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0% higher against the dollar and now trades at $82,319.67 or 0.99518251 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Token Profile

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 50,948,991 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. The official message board for Gemini Dollar 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 website is www.gemini.com/dollar.

According to CryptoCompare, “Gemini is a licensed digital asset financial platform. It enables users with the ability to trade (buy/sell), and store digital assets by granting them the access to custody services and a crypto marketplace. Gemini platform works under the regulatory oversight of the New York State Department of Financial Services.The GUSD token is an Ethereum-based (ERC-20) cryptocurrency developed by Gemini. It is a stable coin which is attached to the USD, giving it the stability of fiat along with the advantages of cryptocurrency.”

Buying and Selling Gemini Dollar

It is usually not possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using US dollars. Investors seeking to acquire Gemini Dollar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. 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