BitDAO (BIT) Self Reported Market Capitalization Tops $1.24 Billion

BitDAO (BIT) traded 1.1% higher against the US dollar during the twenty-four hour period ending at 8:00 AM Eastern on October 11th. One BitDAO token can now be purchased for approximately $0.67 or 0.00001102 BTC on cryptocurrency exchanges. BitDAO has a total market cap of $1.24 billion and approximately $96,290.69 worth of BitDAO was traded on exchanges in the last day. Over the last seven days, BitDAO has traded 1% lower against the US dollar.

Here’s how similar cryptocurrencies have performed over 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 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.
• 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 2.2% lower 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 up 0% against the dollar and now trades at $0.0512 or 0.00000084 BTC.
• P2P Solutions foundation (P2PS) traded up 0.6% against the dollar and now trades at $156.52 or 0.00255828 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. The official message board for BitDAO is medium.com/bitdao. BitDAO’s official Twitter account is @bitdao_official and its Facebook page is accessible here. The Reddit community for BitDAO is https://reddit.com/r/BitDAO. The official website for BitDAO 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 purchase alternative cryptocurrencies such as BitDAO directly using U.S. dollars. Investors seeking to trade BitDAO should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BitDAO using one of the exchanges listed above.

BIT/USD price chart by TradingView