BitDAO (BIT) Hits 1-Day Trading Volume of $96,210.57

BitDAO (BIT) traded down 1.7% against the dollar during the one day period ending at 20:00 PM Eastern on October 17th. BitDAO has a market capitalization of $1.24 billion and $96,210.57 worth of BitDAO was traded on exchanges in the last day. Over the last seven days, BitDAO has traded up 1.7% against the dollar. One BitDAO token can currently be bought for about $0.67 or 0.00001001 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• 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 down 2.2% 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 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 0% lower against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded down 1% against the dollar and now trades at $168.26 or 0.00250273 BTC.

BitDAO Profile

BitDAO’s launch 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. The official website for BitDAO is www.bitdao.io. BitDAO’s official message board is medium.com/bitdao. BitDAO’s official Twitter account is @bitdao_official and its Facebook page is accessible here.

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 buy alternative cryptocurrencies such as BitDAO directly using U.S. dollars. Investors seeking to acquire BitDAO should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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