Celo Dollar (CUSD) Price Hits $1.00 on Major Exchanges

Celo Dollar (CUSD) traded 0.1% lower against the U.S. dollar during the 1-day period ending at 23:00 PM E.T. on April 29th. Celo Dollar has a total market cap of $37.11 million and $4.44 million worth of Celo Dollar was traded on exchanges in the last day. One Celo Dollar token can now be purchased for $1.00 or 0.00001566 BTC on major cryptocurrency exchanges. During the last seven days, Celo Dollar has traded 0.1% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 1.1% against the dollar and now trades at $0.29 or 0.00000461 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• BitcoinBR (BTCBR) traded 90.6% lower against the dollar and now trades at $0.0000 or 0.00000000 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 1.3% lower against the dollar and now trades at $0.0096 or 0.00000015 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 37,139,513 tokens. The Reddit community for Celo Dollar is https://reddit.com/r/celo and the currency’s Github account can be viewed here. Celo Dollar’s official Twitter account is @celoorg and its Facebook page is accessible here. The official website for Celo Dollar is celo.org.

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 currently possible to purchase alternative cryptocurrencies such as Celo Dollar directly using US dollars. Investors seeking to trade Celo Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Celo Dollar using one of the exchanges listed above.

CUSD/USD price chart by TradingView