Gemini Dollar Reaches Market Cap of $116.39 Million (GUSD)

Gemini Dollar (GUSD) traded 0.1% lower against the US dollar during the 1-day period ending at 20:00 PM E.T. on June 28th. One Gemini Dollar token can currently be purchased for approximately $1.00 or 0.00001657 BTC on major cryptocurrency exchanges. Gemini Dollar has a total market cap of $116.39 million and approximately $1.20 million worth of Gemini Dollar was traded on exchanges in the last 24 hours. In the last week, Gemini Dollar has traded down 0% against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 0.2% lower against the dollar and now trades at $0.21 or 0.00000343 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 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 1.9% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.8% higher against the dollar and now trades at $0.0113 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Profile

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 116,441,103 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 website for Gemini Dollar is www.gemini.com/dollar. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-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 possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using U.S. dollars. Investors seeking to trade Gemini Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Gemini Dollar using one of the exchanges listed above.

GUSD/USD price chart by TradingView