BitDAO (BIT) Reaches 1-Day Trading Volume of $51,521.54

BitDAO (BIT) traded 10.6% lower against the dollar during the 24-hour period ending at 22:00 PM Eastern on June 17th. One BitDAO token can now be bought for about $0.81 or 0.00001247 BTC on exchanges. BitDAO has a total market capitalization of $1.50 billion and approximately $51,521.54 worth of BitDAO was traded on exchanges in the last day. In the last seven days, BitDAO has traded 11.3% lower against the dollar.

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

  • KILT Protocol (KILT) traded 5.3% lower against the dollar and now trades at $0.21 or 0.00000327 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 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.
  • 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 2.6% lower against the dollar and now trades at $0.0102 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

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

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 acquire 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 exchanges listed above.

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