Could you please elaborate on the current
market price of cUSD? I'm particularly interested in understanding its value in comparison to other stablecoins and fiat currencies. Is there any significant fluctuation in its price recently? Additionally, how does the price of cUSD get determined, and what factors contribute to its stability or volatility? I'm looking forward to gaining a comprehensive understanding of this digital asset.
6 answers
EmeraldPulse
Thu Aug 22 2024
The current live price of Celo Dollar, abbreviated as CUSD, stands at $0.999892 when paired against the US Dollar (CUSD/USD). This valuation represents a snapshot of the market's assessment of the cryptocurrency's worth at the moment.
DigitalBaron
Thu Aug 22 2024
The total market capitalization of Celo Dollar amounts to $35.55 million USD, indicating the aggregated value of all existing CUSD tokens in circulation. This metric provides a broad overview of the cryptocurrency's market size and influence.
Sara
Thu Aug 22 2024
Within the past 24 hours, the trading volume of CUSD has reached $4.32 million USD. This high trading activity reflects a healthy level of interest and liquidity in the CUSD market.
Riccardo
Wed Aug 21 2024
The CUSD to USD price is continually updated in real-time, ensuring that users have access to the most accurate and up-to-date information about the cryptocurrency's performance.
Starlight
Wed Aug 21 2024
Over the past 24 hours, Celo Dollar has experienced a positive price movement of +0.25%. This slight increase underscores the cryptocurrency's resilience and potential for growth within the broader market.