Celo Dollar (CUSD) Tops One Day Volume of $3.80 Million

Celo Dollar (CUSD) traded 0.1% higher against the U.S. dollar during the 1-day period ending at 0:00 AM Eastern on April 25th. During the last week, Celo Dollar has traded up 0.2% against the U.S. dollar. One Celo Dollar token can currently be purchased for about $1.00 or 0.00001557 BTC on major exchanges. Celo Dollar has a total market cap of $37.31 million and $3.80 million worth of Celo Dollar was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 3% higher against the dollar and now trades at $0.32 or 0.00000503 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 3.5% against the dollar and now trades at $0.0093 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 37,272,921 tokens. Celo Dollar’s official Twitter account is @celoorg and its Facebook page is accessible here. The official website for Celo Dollar is celo.org. 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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