BitDAO (BIT) Trading 11.1% Lower This Week

BitDAO (BIT) traded up 10.1% against the US dollar during the 24-hour period ending at 13:00 PM E.T. on May 2nd. BitDAO has a total market cap of $1.87 billion and approximately $92,709.12 worth of BitDAO was traded on exchanges in the last 24 hours. In the last week, BitDAO has traded 11.1% lower against the US dollar. One BitDAO token can currently be bought for about $1.01 or 0.00001717 BTC on exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 9.7% higher against the dollar and now trades at $0.30 or 0.00000510 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3.1% higher against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About BitDAO

BitDAO was first traded on August 16th, 2021. BitDAO’s total supply is 10,000,000,000 tokens and its circulating supply is 1,843,669,839 tokens. BitDAO’s official website is www.bitdao.io. The official message board for BitDAO is medium.com/bitdao. The Reddit community for BitDAO is https://reddit.com/r/BitDAO. BitDAO’s official Twitter account is @bitdao_official and its Facebook page is accessible here.

According to CryptoCompare, “BitDAO (BIT) is a Decentralized Autonomous Organization aimed at boosting the decentralized economy. It is collectively owned and managed by its community of BIT token holders, who propose and vote on various matters. BIT tokens are used for governance, enabling holders to submit proposals and vote on issues. They also foster development and adoption of BIT-enabled products. The BitDAO Treasury, using Safe, manages the organization’s assets. The BIT token, modelled on Compound Finance’s COMP token, supports delegated voting and off-chain vote aggregation, with plans for on-chain governance in the future.”

BitDAO Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as BitDAO directly using US dollars. Investors seeking to trade BitDAO should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BitDAO using one of the aforementioned exchanges.

BIT/USD price chart by TradingView