Lido DAO (LDO) Price Up 6.3% Over Last 7 Days

Lido DAO (LDO) traded down 2.6% against the US dollar during the 24 hour period ending at 7:00 AM ET on March 18th. One Lido DAO token can now be bought for about $0.92 or 0.00001119 BTC on popular exchanges. Lido DAO has a market capitalization of $830.49 million and $82.79 million worth of Lido DAO was traded on exchanges in the last day. During the last seven days, Lido DAO has traded up 6.3% against the US dollar.

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

• Taiko (TAIKO) traded down 1.9% against the dollar and now trades at $0.63 or 0.00000763 BTC.
• 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 up 1.2% 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $82,731.97 or 1.00049745 BTC.
• SolvBTC (SOLVBTC) traded 0.5% lower against the dollar and now trades at $82,708.74 or 1.00021657 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Lido DAO Profile

Lido DAO’s genesis date was December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 897,877,243 tokens. The Reddit community for Lido DAO is https://reddit.com/r/lidofinance and the currency’s Github account can be viewed here. The official website for Lido DAO is lido.fi. Lido DAO’s official Twitter account is @lidofinance and its Facebook page is accessible here. Lido DAO’s official message board is blog.lido.fi.

According to CryptoCompare, “Lido DAO is an innovative decentralized autonomous organization that manages liquid staking on Ethereum 2.0. Its native asset, the LDO token, serves as the governance token, empowering holders to vote on key protocol parameters. The voting weight is proportional to the amount of LDO held, democratizing decision-making. Users stake ETH and receive stETH, a token that mirrors staked ETH while remaining liquid and earning staking rewards. Co-founded by Jordan Fish and Konstantin Lomashuk, Lido DAO balances centralization and decentralization, using an efficient mechanism, Easy Track, for routine governance. It reinvests service fees into research, development, liquidity mining incentives, and upgrades, fostering sustainable growth and flexibility.”

Lido DAO Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Lido DAO directly using U.S. dollars. Investors seeking to acquire Lido DAO should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Lido DAO using one of the exchanges listed above.

LDO/USD price chart by TradingView