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Gemini Dollar Price Prediction

An up-to-date Gemini Dollar price prediction for 2021, 2023, 2025. Wondering what is the future of GUSD price? Find out Gemini Dollar price forecast with historical, fundamental and technical analysis.
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Gemini Dollar Fundamental Analysis

GUSD is an ERC-20 crypto developed by the Gemini Trust Company — a New York-based trust overseen by the Department of Financial Services. GUSD is a USD-pegged stablecoin: a single Gemini Dollar is equivalent to the USD at a 1:1 ratio and offers little to no fluctuation in price. Gemini holds the funds that back their crypto in a State Street bank and have had their product insured by FDIC. With the project compliant to the stringent demands of the NYDFS, the trust has to be audited by an unaffiliated third party. The initial audit was concluded by Trail of Bits, a company that does security research and penetration testing, with the report publicly listed on the Gemini's official site. The report shows that neither the coin or the system itself has any weaknesses that could potentially expose users’ assets to attacks. Gemini currently works with BPM — an accounting and consulting firm — for more regular audits. Users looking to buy GUSD need to open up an account on the Gemini website. During registration, users can enable two-factor identification, which adds security to the account. After that, users will be asked to specify a bank account that they will transfer USD to and from. The platform requires all users to verify their identity by uploading a photo of any government-issued form of identification. GUSD is issued when purchased off of the Gemini platform. A minimum of $100 can be swapped for GUSD at a 1:1 exchange rate at any time. The user withdraws GUSD from their Gemini account to any ERC-20 wallet they specify. At the time of withdrawal, an equal amount of USD is subtracted from the bank account that the user had specified during registration. The issued GUSD is redeemed when they are put back into the account by the user. After this, the system deposits an equivalent amount of USD back into the user's bank account.

Project name
Gemini Dollar
Stock Symbol
GUSD
Curr. Price
0.9961951999999998
Curr. Supply/Total Supply
84154147.25
ROI Since Launch
No Data
Launch Date
No Data

Gemini Dollar Live Price Chart

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Gemini Dollar Technical Analysis

Despite the fact that 100% accurate technical analysis for Gemini Dollar cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated GUSD buy-and-sell rating for selected timeframe. The summary for GUSD/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Gemini Dollar Price Prediction

Below we have collected the most reliable price projections for Gemini Dollar (GUSD) from popular forecast platforms.

#1. WalletInvestor GUSD Price Prediction for 2021 and 2025

According to WalletInvestor, Gemini Dollar price will drop from $0.9961951999999998 to $0.982 in one year. That makes GUSD a bad investment. The long-term earning potential is -1.42%.

#2. TradingBeasts GUSD Price Prediction for 2021-2022

Answering the question about if Gemini Dollar is a good investment, TradingBeasts say resounding yes. In the 2021 perspective, this coin price is predicted to reach $1.2748516 with a reduction to $1.2725560 by the end of 2022.

#3. DigitalCoin GUSD Price Forecast for 2021-2025

In DigitalCoin analysis, the price of Gemini Dollar cryptocurrency will rise in the next 5 years starting from $0.974 as of today’s price to $4.261. It will go up to $1.655 by 2022 and continue its growth in 2023-2024. Based on the forecast, Gemini Dollar is profitable long-term investment.

Summary

As it can be clear from the analysis cited above, Gemini Dollar (GUSD) projections are rather contradictory. There is no universal consensus either about positive or negative future GUSD price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Gemini Dollar projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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