USDG Historical Price and Returns Analysis: Should I Buy USDG Now?

Abstract

This article provides a comprehensive review of Global Dollar (USDG)'s historical price movements and market volatility since its inception, combined with data from bull and bear market phases. We evaluate the potential returns for investors purchasing 10 USDG tokens and address the critical question: “Should I buy USDG now?” This analysis will help both novice and long-term investors identify optimal entry points and growth opportunities.

Early Market Cycle: Historical Price Review (2020 to 2021)

Global Dollar (USDG) is a USD-based stablecoin operating on both Ethereum and Solana blockchains. Issued by regulated providers and backed by secure, highly liquid assets, USDG maintains a 1:1 redemption ratio with the US dollar. Since its inception around 2020, USDG has been available across numerous global exchanges and wallets.

The following reflects USDG’s price movements during its early market phase:

2020

• Opening Price: $1.00
• Closing Price: $0.99918
• Highest Price: $1.00
• Lowest Price: $0.999
• Annual Return: -0.18%

2021

• Opening Price: $1.00
• Closing Price: $0.9826
• Highest Price: $1.03
• Lowest Price: $0.9819
• Annual Return: -1.8%

An investor who purchased 10 USDG tokens in 2020 would have realized a potential gain of -$0.007 by the end of 2021, reflecting minimal deviation from its stablecoin peg.

Bear Market Adjustment and Mid-Cycle Phase: Returns and Risk Analysis (2022 to 2023)

During this period, USDG experienced modest price fluctuations, with slight variations above and below its $1.00 target peg, influenced by broader stablecoin market dynamics.

Potential returns for investors who purchased 10 USDG tokens during this phase:

• 2022: +$0.149
• 2023: +$0.24

Recent Market Cycle: Should I Buy USDG Now? (2024 to 2026)

In recent years, USDG has experienced significant volatility, departing notably from its stablecoin peg and presenting unusual market dynamics.

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: $1.00
• Highest Price: $1.97
• Lowest Price: $0.9988
• Annual Return: -49.34%

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

• 2024: +$0.371
• 2025: -$9.742

Summary: Bull and Bear Markets and Investment Timing Analysis

Through analysis of USDG’s historical price movements and potential returns, investors can observe significant recent volatility that deviates substantially from typical stablecoin behavior, particularly the dramatic price swings observed in 2024 and 2025. Understanding these fluctuations is essential for evaluating whether current conditions present an appropriate entry point, addressing the fundamental question: “Should I buy USDG now?”