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, combining 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 aims to help both novice and long-term investors identify optimal entry points and assess growth potential.

Early Market Cycle: Historical Price Overview (2020 to 2023)

Global Dollar (USDG) is a USD-based stablecoin deployed on Ethereum and Solana blockchains. According to available market data, USDG was designed to maintain a 1:1 peg with the US dollar, backed by regulated providers holding safe and liquid assets.

The following details USDG’s price performance during its early market phases:

2020

• Opening Price: $1.00
• Closing Price: $0.99918
• Yearly High: $1.00
• Yearly Low: $0.999
• Annual Return: -0.18%

2021

• Opening Price: $1.00
• Closing Price: $0.9826
• Yearly High: $1.03
• Yearly Low: $0.9819
• Annual Return: -1.8%

2022

• Opening Price: $0.9854
• Closing Price: $0.9889
• Yearly High: $0.9959
• Yearly Low: $0.9567
• Annual Return: 0.36%

2023

• Opening Price: $0.9763
• Closing Price: $0.9709
• Yearly High: $1.12
• Yearly Low: $0.9582
• Annual Return: -0.55%

An investor who purchased 10 USDG tokens during this early period would have experienced minimal gains, with cumulative returns of approximately $0.243 by end of 2023.

Market Surge and Volatility: Recovery Phase (2024 to 2026 to date)

During 2024, USDG experienced significant deviation from its intended $1.00 peg, marking a dramatic shift in market dynamics:

2024

• Opening Price: $0.9632
• Closing Price: $1.97
• Yearly High: $1.97
• Yearly Low: $0.9632
• Annual Return: 104.99%

2025

• Opening Price: $1.97
• Closing Price: $1.00
• Yearly High: $1.97
• Yearly Low: $0.9988
• Annual Return: -49.34%

2026

• Opening Price: $1.00
• Closing Price: $1.00
• Yearly High: $1.00
• Yearly Low: $1.00
• Annual Return: -0.07%

Investors who purchased 10 USDG tokens during these recent periods experienced high volatility:

• 2024: Potential gains of $9.746
• 2025: Significant drawdown of -$9.739
• 2026 to date: Minimal change

Summary: Market Cycles and Investment Timing Analysis

Through analyzing USDG’s historical price performance and potential returns, we observe that this USD-pegged stablecoin has experienced substantial deviations from its intended $1.00 peg, particularly in 2024-2025. The extreme volatility contradicts the fundamental purpose of a stablecoin, suggesting heightened risk for investors. Current market positioning at approximately $1.00 peg restoration in 2026 warrants careful evaluation of whether this represents a stabilization period or continued uncertainty for prospective buyers.