Lido DAO (LDO) Trading Down 13.9% Over Last 7 Days

Lido DAO (LDO) traded 1.5% higher against the U.S. dollar during the 1 day period ending at 14:00 PM Eastern on May 11th. Lido DAO has a total market cap of $1.60 billion and approximately $46.95 million worth of Lido DAO was traded on exchanges in the last 24 hours. One Lido DAO token can now be bought for about $1.79 or 0.00002930 BTC on exchanges. During the last seven days, Lido DAO has traded 13.9% lower against the U.S. dollar.

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

  • KILT Protocol (KILT) traded down 4.6% against the dollar and now trades at $0.28 or 0.00000458 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 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 up 0% 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.

About Lido DAO

Lido DAO was first traded on December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 892,317,554 tokens. The official website for Lido DAO is lido.fi. Lido DAO’s official Twitter account is @lidofinance and its Facebook page is accessible here. The Reddit community for Lido DAO is https://reddit.com/r/lidofinance and the currency’s Github account can be viewed here. The official message board for Lido DAO is blog.lido.fi.

According to CryptoCompare, “Lido DAO is an innovative decentralized autonomous organization that manages liquid staking on Ethereum 2.0. Its native asset, the LDO token, serves as the governance token, empowering holders to vote on key protocol parameters. The voting weight is proportional to the amount of LDO held, democratizing decision-making. Users stake ETH and receive stETH, a token that mirrors staked ETH while remaining liquid and earning staking rewards. Co-founded by Jordan Fish and Konstantin Lomashuk, Lido DAO balances centralization and decentralization, using an efficient mechanism, Easy Track, for routine governance. It reinvests service fees into research, development, liquidity mining incentives, and upgrades, fostering sustainable growth and flexibility.”

Lido DAO Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Lido DAO directly using U.S. dollars. Investors seeking to trade Lido DAO should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Lido DAO using one of the exchanges listed above.

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