Celo Dollar Trading 0.2% Lower Over Last 7 Days (CUSD)

Celo Dollar (CURRENCY:CUSD) traded 0% lower against the dollar during the 1 day period ending at 15:00 PM Eastern on January 14th. One Celo Dollar coin can currently be bought for about $1.00 or 0.00002310 BTC on cryptocurrency exchanges. In the last seven days, Celo Dollar has traded down 0.2% against the dollar. Celo Dollar has a market capitalization of $103.52 million and approximately $551,051.00 worth of Celo Dollar was traded on exchanges in the last day.

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

  • Polygon (MATIC) traded up 3.4% against the dollar and now trades at $2.33 or 0.00005399 BTC.
  • Binance USD (BUSD) traded down 0.1% against the dollar and now trades at $1.00 or 0.00002318 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded up 1.3% against the dollar and now trades at $24.91 or 0.00057759 BTC.
  • Crypto.com Coin (CRO) traded down 0.4% against the dollar and now trades at $0.46 or 0.00001055 BTC.
  • Dai (DAI) traded up 0.3% against the dollar and now trades at $1.00 or 0.00002319 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Fantom (FTM) traded up 2.7% against the dollar and now trades at $2.95 or 0.00006841 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.

Celo Dollar Profile

Celo Dollar is a coin. It was first traded on April 3rd, 2018. Celo Dollar’s total supply is 103,878,008 coins. 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 @carbon_money. The official website for Celo Dollar is celo.org.

According to CryptoCompare, “Carbon is a non-collateralised stable coin that has two types of tokens, the Carbon stable coin and the Carbon Credit token (“Carbon Credit”). If the demand of the Carbon stable coin starts to decrease Carbon Credits are auctioned off via a reverse Dutch auction smart contract to the market participants who are willing to burn their stable coins (Carbon). On the other scenario, when the demand for the Carbon stable coin increases new minted stable coins are distributed to Carbon Credit holders on a pro-rata basis, originating downward pressure to push the price back to the peg. “

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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Celo Dollar using one of the aforementioned exchanges.

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