Celo Dollar Price Tops $1.00 (CUSD)

Celo Dollar (CUSD) traded up 0% against the US dollar during the 24-hour period ending at 13:00 PM E.T. on December 24th. During the last seven days, Celo Dollar has traded 0% higher against the US dollar. Celo Dollar has a total market capitalization of $35.56 million and $3.28 million worth of Celo Dollar was traded on exchanges in the last day. One Celo Dollar token can now be purchased for approximately $1.00 or 0.00001011 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• 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 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.
• 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.
• SolvBTC (SOLVBTC) traded 5.5% higher against the dollar and now trades at $98,296.27 or 0.99372264 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5.4% against the dollar and now trades at $97,327.75 or 0.98393147 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Celo Dollar Profile

Celo Dollar launched on June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 35,554,166 tokens. Celo Dollar’s official website 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Celo Dollar using one of the exchanges listed above.

CUSD/USD price chart by TradingView