Celo Dollar Price Hits $1.00 on Top Exchanges (CUSD)
by Sarita Garza · The Markets DailyCelo Dollar (CUSD) traded 0.1% higher against the U.S. dollar during the 1 day period ending at 20:00 PM E.T. on November 1st. In the last week, Celo Dollar has traded 0.1% higher against the U.S. dollar. Celo Dollar has a market cap of $35.57 million and approximately $3.29 million worth of Celo Dollar was traded on exchanges in the last day. One Celo Dollar token can currently be bought for approximately $1.00 or 0.00001440 BTC on cryptocurrency exchanges.
Here’s how related cryptocurrencies have performed in 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 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
- SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $69,403.10 or 0.99904256 BTC.
- SolvBTC.BBN (SOLVBTC.BB) traded 1.1% lower against the dollar and now trades at $69,361.49 or 0.99844369 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
Celo Dollar Token Profile
Celo Dollar’s launch date was June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 35,554,166 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.”
Buying and Selling Celo Dollar
It is usually not presently possible to buy alternative cryptocurrencies such as Celo Dollar directly using US dollars. Investors seeking to acquire Celo Dollar should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. 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