Average Daily Volume
Celo Dollar is currently ranked number 494 worldwide with a daily trading volume of $676,255.00, which it will make it not so easy for you to sell your holdings of Celo Dollar.
Market Cap
Celo Dollar has a total market cap of $43,318,378.00.
Community
Celo Dollar has 452,370 total followers in all its social media accounts.
All Time High
Celo Dollar is a stable coin. It's price is packed to the US Dollar and only jumps in prices to other fiat currencies.
Price Potential
Stable coins like Celo Dollar are digital assets pegged to a stable asset such as USD, aimed at reducing volatility. They offer benefits of both traditional fiat currencies and cryptocurrencies.
Overall Score
Stable coins are digital assets pegged to a stable value, usually the US dollar. Pros: reduced volatility, easier to use as a means of payment and store of value. Cons: Centralized nature can lead to potential loss of value and lack of security.
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What Is Celo Dollar?
Celo Dollars (cUSD) are a stable asset that follows the US Dollar. With cUSD you can share money faster, cheaper, and more easily on your mobile phone. cUSD is on the Celo blockchain and is ERC 20 compatible.