Celo Dollar Market Capitalization Tops $37.69 Million (CUSD)

Celo Dollar (CUSD) traded down 0% against the dollar during the one day period ending at 7:00 AM E.T. on April 19th. One Celo Dollar token can now be purchased for about $1.00 or 0.00001548 BTC on exchanges. In the last seven days, Celo Dollar has traded up 0.1% against the dollar. Celo Dollar has a total market capitalization of $37.69 million and $6.73 million worth of Celo Dollar was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 1.1% higher against the dollar and now trades at $0.33 or 0.00000509 BTC.
• 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 2.2% lower 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 up 1.9% 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 down 0.4% against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Celo Dollar Token Profile

Celo Dollar launched on June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 37,707,752 tokens. The official website for Celo Dollar is celo.org. Celo Dollar’s official Twitter account is @celoorg and its Facebook page is accessible here. The Reddit community for Celo Dollar is https://reddit.com/r/celo and the currency’s Github account can be viewed here.

According to CryptoCompare, “Celo Dollar (cUSD) is a stablecoin pegged to the US dollar, providing stability and usability within the Celo blockchain ecosystem. It functions as a reliable medium of exchange and a tool for decentralized financial applications, especially beneficial in regions with volatile local currencies. The Celo Foundation, with a team skilled in technology, finance, and social initiatives, spearheads the project, focusing on financial inclusivity and leveraging blockchain for social good.”

Celo Dollar Token Trading

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

CUSD/USD price chart by TradingView