BitDAO (BIT) Self Reported Market Capitalization Achieves $1.22 Billion

BitDAO (BIT) traded 1.2% lower against the U.S. dollar during the 1 day period ending at 12:00 PM E.T. on October 23rd. One BitDAO token can now be purchased for approximately $0.66 or 0.00001004 BTC on major exchanges. During the last week, BitDAO has traded 3.9% lower against the U.S. dollar. BitDAO has a market capitalization of $1.22 billion and approximately $106,009.73 worth of BitDAO was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during 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 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 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 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 $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 3.2% lower against the dollar and now trades at $165.13 or 0.00249487 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 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.”

BitDAO Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as BitDAO directly using U.S. dollars. Investors seeking to acquire BitDAO should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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