Celo Dollar (CUSD) Price Tops $1.00 on Exchanges

Celo Dollar (CUSD) traded down 0.1% against the U.S. dollar during the one day period ending at 11:00 AM Eastern on April 17th. During the last week, Celo Dollar has traded up 0.1% against the U.S. dollar. One Celo Dollar token can now be bought for about $1.00 or 0.00001639 BTC on popular exchanges. Celo Dollar has a market cap of $37.67 million and approximately $5.89 million worth of Celo Dollar was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 3.1% lower against the dollar and now trades at $0.33 or 0.00000537 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 2.2% lower 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 up 0.6% against the dollar and now trades at $0.0086 or 0.00000014 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’s launch date was June 28th, 2020. Celo Dollar’s total supply is 57,241,566 tokens and its circulating supply is 37,681,817 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.”

Celo Dollar Token Trading

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Celo Dollar using one of the aforementioned exchanges.

CUSD/USD price chart by TradingView