(Last Updated On: February 15, 2019)

Description

Keywords and tags that could be used to describe Gemini Dollar: dollar, u.s, dollars.

Here are links to help you learn more about the token: Reddit, Twitter, Facebook, Whitepaper.

Price Action

First, it should be noted Gemini Dollar is a small coin that doesn’t move much. In fact, on most days it doesn’t move at all — so this coin won’t be of interest to active traders. Price has cooled over the past 20 days, but on a 50 day basis, the trend is still up. From that perspective, this could be an opportunity to buy the dip. Gemini Dollar has a market capitalization of approximately 82.15 million US dollars. That’s small relative to the Ethereum tokens SixJupiter tracks. In terms of volatility, it’s relatively especially low volatility, so this might be a good fit to reduce your overall risk on a day to day basis. However, you may wish to confirm that this is liquid enough for you to get in and out of positions when you need to.

Where to trade Gemini Dollar (symbol: GUSD): Yobit

Engagement

Gemini Dollar currently has approximately 1129 wallets, with the average weekly growth rate in number of wallets being 30.78% for each week over the past 4 weeks. As for transactions, the weekly growth rate there has been about 103.54%. Notably, both the transaction growth rate and the wallet growth rate for Gemini Dollar are above average. For those who believe tokens that get engagement are worth investing in, this could be an opportunity worth digging into.

Dilution Risk

The current available supply for Gemini Dollar is 92.42 million, while the total supply is 92.42 million. This means 100% of Gemini Dollar’s total supply, as currently defined, has been made public. To help put that in perspective, about 97.59% of tokens in the SixJupiter Index with a similar market capitalization have a larger percentage of their total currency unavailable. Both the total and available supply of Gemini Dollar have been declining over the past four weeks, but the decline in total supply has been even faster — resulting in dilution risk actually being reduced.

Twitter Insights

Gemini Dollar has 110 followers on Twitter. About 2.22% of its followers are verified, and about 4.44% are estimated to be investors. The token’s follower count on Twitter is below average for its market capitalization, but its percent of followers who are verified and the estimated percent to be investors are well above average. This suggests a Twitter following that is authentic and potentially influential on its price.

Where to Buy

You can trade Gemini Dollar, listed under the symbol GUSD, through the following exchanges: Yobit.