Celo Dollar (CUSD) Trading Down 0% This Week

Celo Dollar (CUSD) traded 0.1% lower against the US dollar during the 1 day period ending at 23:00 PM ET on May 7th. Celo Dollar has a market capitalization of $36.45 million and $2.52 million worth of Celo Dollar was traded on exchanges in the last day. In the last week, Celo Dollar has traded down 0% against the US dollar. One Celo Dollar token can currently be bought for $1.00 or 0.00001587 BTC on popular exchanges.

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

• KILT Protocol (KILT) traded down 0.4% against the dollar and now trades at $0.30 or 0.00000474 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 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 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.
• 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 2.3% higher against the dollar and now trades at $0.0101 or 0.00000016 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’s launch date was June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 36,504,107 tokens. 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. 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 possible to buy alternative cryptocurrencies such as Celo Dollar directly using US dollars. Investors seeking to trade Celo Dollar should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Celo Dollar using one of the aforementioned exchanges.

CUSD/USD price chart by TradingView