BitDAO Trading Up 7.2% Over Last 7 Days (BIT)

BitDAO (BIT) traded down 2.2% against the dollar during the 1-day period ending at 0:00 AM Eastern on August 8th. During the last week, BitDAO has traded up 7.2% against the dollar. One BitDAO token can currently be purchased for approximately $1.05 or 0.00001713 BTC on major cryptocurrency exchanges. BitDAO has a total market capitalization of $1.94 billion and $1.15 million worth of BitDAO was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• 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 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.5% against the dollar and now trades at $0.0125 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 0.3% against the dollar and now trades at $0.0571 or 0.00000093 BTC.

BitDAO Token Profile

BitDAO’s genesis date was August 16th, 2021. BitDAO’s total supply is 10,000,000,000 tokens and its circulating supply is 1,843,669,839 tokens. 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. BitDAO’s official message board is medium.com/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 presently possible to buy alternative cryptocurrencies such as BitDAO directly using U.S. dollars. Investors seeking to trade BitDAO should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy BitDAO using one of the aforementioned exchanges.

BIT/USD price chart by TradingView