It’s true that Gemini Dollar was a great disappointment for investors in 2019. GUSD price went down from $1.003 on January 1st 2019 to $0.000001 on December 31 2019. However, it is worth monitoring our Gemini Dollar price prediction algorithm: Gemini Dollar might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, GUSD might be the coin to watch closely now.
The current Gemini Dollar price is $1.00, its circulating supply is 4 126 699 GUSD. Our algorithm predicts that based on historical data Gemini Dollar price will be at $2.01 in 1 week and $2.01 in 1 month. Our deep learning algorithm predicts the GUSD price will be at $1.21 in 6 months. Analysis of the cryptocurrency market shows that Gemini Dollar price may reach $1.83 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that GUSD will stay around $1.42 in 2021, $1.83 in 2022, $2.67 in 2023, $4.34 in 2024 and $7.68 in 2025.
While creating the Gemini Dollar prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $1.21 and lowest possible predicted price is $1.20.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Gemini Dollar has the potential to stay within "survivors" team. Our Gemini Dollar short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Gemini Dollar Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Gemini Dollar forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Gemini Dollar (GUSD)?
The current price of Gemini Dollar is $1.00.
What is the current market capitalization of Gemini Dollar (GUSD)?
The current market capitalization of Gemini Dollar is $4 141 519.
What will be the price of Gemini Dollar (GUSD) Tomorrow?
Our algorithm forecasts that the price of Gemini Dollar will reach $2.01 tomorrow.
In 1 year from now what will 1 Gemini Dollar be worth?
As per the forecast and algorithmic analysis, the the price of 1 Gemini Dollar will be around $1.42.
Is it profitable to invest in Gemini Dollar (GUSD)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Gemini Dollar (GUSD) as a short term investment. Gemini Dollar can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Gemini Dollar be growing in the Future?
Gemini Dollar is potentially one of the most profitable among digital coins.
How high can the Price of Gemini Dollar go?
Our algorithm forecasts that the price of Gemini Dollar will reach $7.68 by 2023.
Is Gemini Dollar (GUSD) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Gemini Dollar now.
Gemini Dollar is a relatively young stablecoin that has been around for about a year or so. It hasn't been listed on many popular exchanges yet - the most notable of them are Bibox, HitBTC, and BCEX - but it appears to be a reliable coin, created by the New York-based Gemini Trust Company. The fact that GUSD falls under the regulation of NYSDFS only adds weight to its reliability.
I’m an avid supporter of stable coins, but i’m unsure on where i stand with GUSD. The main reason is that it’s only reedemable on the Gemini exchange. What if i want to sell it on Binance or Coinbase? This is the clear problem with GUSD, even though its heavily regulated in New York. This comes at a time when New York is suing Bitfinex because it illegally used nearly a billion dollars in USDT to cover up its own losses. This shows the clear need for a regulated and functioning stable coin, but I’m unsure if GUSD fits the bill.
GUSD doesn't seem to make much sense considering there are already so many stable coins that have approval from New York's financial services. PAXOS is already registered in the state of NY so I don't see why there needs to be two stable coins in the same state. Gemini doesn't even list new currencies So why should they be concerned about launching a stable coin?
|Price, USD||24h||7 days|
|UNUS SED LEO||1.020||-0.97%||-1.60%|
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