BitDAO Hits Self Reported Market Capitalization of $1.77 Billion (BIT)

BitDAO (BIT) traded down 2.6% against the US dollar during the 24 hour period ending at 23:00 PM ET on May 14th. In the last seven days, BitDAO has traded 8.5% lower against the US dollar. BitDAO has a market cap of $1.77 billion and $43,884.37 worth of BitDAO was traded on exchanges in the last day. One BitDAO token can currently be bought for about $0.96 or 0.00001556 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded up 1.9% against the dollar and now trades at $0.28 or 0.00000454 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% 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 0% lower against the dollar and now trades at $0.0105 or 0.00000017 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

BitDAO Profile

BitDAO launched 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 Twitter account is @bitdao_official and its Facebook page is accessible here. BitDAO’s official message board is medium.com/bitdao. The Reddit community for BitDAO is https://reddit.com/r/BitDAO. BitDAO’s official website is www.bitdao.io.

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 currently possible to purchase alternative cryptocurrencies such as BitDAO directly using U.S. dollars. Investors seeking to acquire BitDAO should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BitDAO using one of the aforementioned exchanges.

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