BitDAO (BIT) Tops 24-Hour Volume of $116,392.29

BitDAO (BIT) traded down 0.9% against the dollar during the one day period ending at 12:00 PM E.T. on October 16th. One BitDAO token can currently be bought for $0.69 or 0.00001018 BTC on popular exchanges. Over the last seven days, BitDAO has traded up 3.4% against the dollar. BitDAO has a market cap of $1.27 billion and $116,392.29 worth of BitDAO was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.5% higher against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded up 1.2% against the dollar and now trades at $168.69 or 0.00248971 BTC.

BitDAO Token Profile

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

Buying and Selling BitDAO

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

BIT/USD price chart by TradingView