The Gemini Dollar (GUSD) is a regulated stablecoin pegged to the US dollar, designed to maintain a stable value. This article provides a comprehensive analysis of its current price, market statistics, historical performance, and key metrics.
Current Gemini Dollar Price and Performance
As of the latest data, the Gemini Dollar is trading at $1.00. Over the past 24 hours, the price has seen minimal movement, with a change of just 0.01%. In the last hour, it decreased by 0.02%. For broader timeframes, the price has varied by 0.03% over the past week and 0.08% over the past month.
Real-Time Market Update
The 24-hour trading volume for GUSD stands at $96,381,000. During this period, the price fluctuated between a low of $0.998727 and a high of $1.00. Historically, the all-time high for Gemini Dollar was $3.30, reached on October 11, 2018, while the all-time low was $0.78261 on September 29, 2018.
Market Ranking and Capitalization Metrics
Gemini Dollar currently holds a market rank of #719. Its market capitalization is $47,336,557, with a fully diluted valuation also at $47,336,557. This reflects its position as a niche but stable asset in the cryptocurrency market.
Supply Details and Distribution
The circulating supply of Gemini Dollar is $47,334,217, which equals the total supply. There is no maximum supply limit specified, indicating a flexible supply model that can adjust to market demands.
Historical Price Changes and Trends
Over the past year, Gemini Dollar has experienced a price change of 0.27%. In the last 30 days, the change was 0.08%, and over the last 200 days, it was 0.03%. These minimal fluctuations underscore its stability as a dollar-pegged stablecoin. All metrics are updated每分钟 to ensure accuracy and provide real-time insights.
For those interested in tracking these metrics live, you can view real-time market data to stay updated on the latest trends.
Detailed GUSD Price Statistics
- Current Price: $1.00
- 24-Hour Price Change: 0.01%
- 7-Day Price Change: 0.03%
- 24-Hour Trading Volume: $96,381,000
- 24-Hour Low: $0.998727
- 24-Hour High: $1.00
Market Capitalization Overview
- Market Cap Rank: #719
- Market Capitalization: $47,336,557 (0.53% change)
- Fully Diluted Valuation: $47,336,557
Historical Price Milestones
- All-Time High: $3.30 (October 11, 2018) - decreased by 69.73% from current price
- All-Time Low: $0.78261 (September 29, 2018) - increased by 27.79% from current price
Supply Metrics
- Circulating Supply: $47,334,217
- Max Supply: Not specified
- Total Supply: $47,334,217
Frequently Asked Questions
What is Gemini Dollar (GUSD)?
Gemini Dollar is a regulated stablecoin issued by the Gemini Trust Company, pegged 1:1 to the US dollar. It combines the stability of fiat currency with the flexibility of digital assets, ensuring transparency and security through regular audits.
How is the price of GUSD maintained?
The price is maintained through reserves of US dollars held in FDIC-insured accounts. Each GUSD token is backed by one US dollar, with regular attestations published to verify the reserves, ensuring trust and stability in its value.
Where can I use Gemini Dollar?
GUSD is used for trading, remittances, and as a stable store of value on various cryptocurrency exchanges and platforms. It is also integrated into decentralized finance (DeFi) applications for lending, borrowing, and earning interest.
What causes minor price fluctuations in GUSD?
Despite being pegged to the dollar, minor fluctuations can occur due to market demand, trading volume, and exchange liquidity. However, these changes are typically minimal due to the backing of reserves.
Is Gemini Dollar safe to use?
Yes, it is considered safe as it is regulated and audited regularly. Gemini Trust Company complies with New York State banking laws, providing a high level of security and compliance for users.
How can I track GUSD metrics in real time?
You can monitor live price, volume, and market cap data on financial tracking platforms or through exchange APIs. For detailed insights, explore more strategies to optimize your tracking and investment decisions.
Conclusion
Gemini Dollar remains a reliable stablecoin with minimal price volatility, backed by robust regulatory frameworks. Its consistent performance and transparency make it a trusted choice for users seeking stability in the digital asset space. Always ensure to use reputable platforms for transactions and stay informed through real-time data sources.