What is the market cap of GUSD crypto?
Huo JhanDec 16, 2021 · 3 years ago3 answers
Can you provide information on the current market capitalization of GUSD cryptocurrency? I am interested in knowing the total value of GUSD in the market.
3 answers
- Dec 16, 2021 · 3 years agoThe market capitalization of GUSD crypto refers to the total value of all GUSD coins in circulation. It is calculated by multiplying the current price of GUSD by the total supply of coins. The market cap provides an estimate of the overall size and value of GUSD in the cryptocurrency market. It is an important metric for investors and traders to assess the popularity and potential of GUSD compared to other cryptocurrencies.
- Dec 16, 2021 · 3 years agoThe market cap of GUSD crypto is a measure of its value and popularity in the cryptocurrency market. It represents the total market value of all GUSD coins in circulation. This metric is calculated by multiplying the current price of GUSD by the total supply of coins. The market cap can fluctuate based on the price of GUSD and the number of coins in circulation. It is an important indicator for investors and traders to evaluate the size and potential of GUSD in the market.
- Dec 16, 2021 · 3 years agoWhen it comes to the market cap of GUSD crypto, it's important to note that GUSD is a stablecoin issued by Gemini, a regulated cryptocurrency exchange. As of now, the market cap of GUSD is approximately $XXX million. It is worth mentioning that GUSD is backed by US dollars held in a bank account, which ensures its stability and peg to the US dollar. The market cap of GUSD reflects the demand and usage of this stablecoin in the cryptocurrency market.
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