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

Celo Dollar (CUSD) traded 0% higher against the dollar during the 24 hour period ending at 8:00 AM E.T. on March 28th. One Celo Dollar token can currently be bought for $1.00 or 0.00001419 BTC on exchanges. Over the last week, Celo Dollar has traded down 0.1% against the dollar. Celo Dollar has a total market capitalization of $38.87 million and approximately $7.78 million worth of Celo Dollar was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 4.2% lower against the dollar and now trades at $0.45 or 0.00000638 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 2.2% lower 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 1.2% higher 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.3% lower against the dollar and now trades at $0.0093 or 0.00000013 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 was first traded on June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 38,917,388 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 currently 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, Coinbase 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