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Gemini Dollar

GUSD

Explore Gemini Dollar

Create a Coinbase account to buy and sell Gemini Dollar and start your crypto journey!

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Stablecoins

‘Stablecoin‘ (e.g. , ) is the term often used for crypto-assets that claim their value is linked to certain reserve assets such as a fiat currency (e.g. US Dollars). Stablecoins may use a range of different ways to maintain stability, each with their own risks

Counterparty risk: Where the asset is backed by collateral (e.g. fiat currency) you are relying on a third party to maintain that collateral which introduces risk if the party becomes insolvent or fails to maintain the necessary collateral.

Redemption risk: If the asset claims to be redeemable for underlying collateral, there is risk that the redemption process will not work as expected e.g. in times of market volatility or due to operational issues.

Collateral risk: There’s a risk that the value of the collateral could decline or become volatile, affecting the stability of the asset (e.g. where the collateral is another type(s) of crypto-asset(s)).

FX risk: Lots of stablecoins are denominated in US Dollars, meaning you will be exposed to movements in the USD:GBP exchange rate

Algorithm risk: If the asset relies on an algorithm to maintain stability (e.g. by adjusting supply based on demand) there’s a risk the algorithm could fail or behave unexpectedly, which might cause the asset to lose its stability and even lose all its value.

About Gemini Dollar

GUSD is a stablecoin running on Ethereum that attempts to maintain a value of US $1.00. The supply of GUSD is collateralized by US dollars held at State Street Bank. Users can buy and redeem GUSD through the Gemini cryptocurrency exchange.

Market

United Kingdom Market Stats

Market cap

£76.2M

Volume (24h)

£834,093.37

Circulating supply

95.8M GUSD

Typical hold time

17 days

Popularity

#446

All time high

£1.58

Price change (1h)

-0.07%

Price change (24h)

0%

Price change (7d)

0%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about Gemini Dollar on social media

66 unique individuals are talking about Gemini Dollar and it is ranked #761 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Gemini Dollar has an average sentiment score of 3.3 out of 5. Finally, Gemini Dollar is becoming more newsworthy, with 0 news articles published about Gemini Dollar. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Gemini Dollar. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Gemini Dollar. 0% of tweets were neutral about Gemini Dollar. These sentiments are based on 13 tweets.

On Reddit, Gemini Dollar was mentioned in 55 Reddit posts and there were 98 comments about Gemini Dollar. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

66 people

Volume rank

#761

Average Sentiment

3.3 out of 5

Twitter

Reddit

Posts

55

Comments

98

Post Score

2,697

Comment Score

2,684

Gemini Dollar price is unchanged in the past week.

The current price is £0.80 per GUSD with a 24-hour trading volume of £834.09K. Currently, Gemini Dollar is valued at 49.75% below its all time high of £1.58. This all-time high was the highest price paid for Gemini Dollar since its launch.

The current circulating supply of Gemini Dollar is 95,779,075.71 GUSD which means that Gemini Dollar has as total market cap of 95,779,075.71.

FAQ

What is the current price of Gemini Dollar?

We update our Gemini Dollar to GBP currency in real-time. Get the live price of Gemini Dollar on Coinbase.

What is the market cap of Gemini Dollar?

The current market cap of Gemini Dollar is £76.21M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Gemini Dollar?

The all-time high of Gemini Dollar is £1.58. This all-time high is highest price paid for Gemini Dollar since it was launched.

What is the 24 hour trading volume of Gemini Dollar?

Over the last 24 hours, the trading volume of Gemini Dollar is £834.09K.

What other assets are similar to Gemini Dollar?

Assets that have a similar market cap to Gemini Dollar include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

How many Gemini Dollar are there?

The current circulating supply of Gemini Dollar is 96 million.

What is the typical holding time of Gemini Dollar?

The median time that Coinbase customers hold Gemini Dollar before selling it or sending it to another account or address is 17 days.

What is the relative popularity of Gemini Dollar?

Gemini Dollar ranks 233 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Gemini Dollar?

Currently, 100% of Coinbase users are buying Gemini Dollar. In other words, 100% of Coinbase customers have increased their net position in Gemini Dollar over the past 24 hours through trading.

Can I buy Gemini Dollar on Coinbase?

Yes, Gemini Dollar is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Gemini Dollar guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024