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Global Dollar (USDG) Historical Price and Returns Analysis: Should I Buy USDG Now?

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Abstract

This article comprehensively reviews the historical prices and market fluctuations of Global Dollar (USDG) since its inception, combining data from bull and bear market phases to assess potential returns for investors purchasing 10 USDG tokens. It aims to answer the crucial question, “Should I buy USDG now?” to help both newcomers and long-term investors grasp the timing and growth potential.

Bull Market Starting Point and Early Market Cycles: Historical Price Review (2020 to 2021)

Global Dollar (USDG) is a USD-backed stablecoin available on Ethereum and Solana blockchains. According to the provided data, its earliest recorded price was around $1.0 in 2020.

Here’s the price change of USDG during the initial bull market phase:

2020

  • Opening price: $1.0
  • Closing price: $0.99918
  • Highest price: $1.0
  • Lowest price: $0.999
  • Annual return: -0.18%

2021

  • Opening price: $1.0
  • Closing price: $0.9826
  • Highest price: $1.03
  • Lowest price: $0.9819
  • Annual return: -1.8%

An investor who purchased 10 USDG during the early bull market phase in 2020 would have a potential return of -$0.012 if sold today.

Bear Market Adjustment and Mid-term Market Cycles: Return and Risk Analysis (2022 to 2023)

During this period, USDG’s price experienced slight fluctuations, maintaining its stability as a stablecoin.

Here are the potential returns for investors who purchased 10 USDG during the bear market or consolidation phase:

  • 2022: $0.144
  • 2023: $0.235

Recent Market Cycles: Should I Buy USDG Now? (2024 to present)

In recent years, USDG has shown some price volatility, deviating from its intended $1 peg.

2024

  • Opening price: $0.9632
  • Closing price: $1.97
  • Highest price: $1.97
  • Lowest price: $0.9632
  • Annual return: 104.99%

2025

  • Opening price: $1.97
  • Closing price: $0.9998
  • Highest price: $1.97
  • Lowest price: $0.9988
  • Annual return: -49.36%

Potential returns for investors who purchased 10 USDG during this period:

  • 2024: $0.366
  • 2025-present: -$9.747

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing USDG’s historical prices and potential returns, we can observe that while it’s designed to maintain a stable value of $1, there have been some significant deviations, particularly in recent years. This volatility raises questions about its stability and reliability as a stablecoin. When considering “Should I buy USDG now?”, investors should carefully evaluate the risks associated with these price fluctuations and the stablecoin’s ability to maintain its peg.

USDG-0.02%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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