BitDAO Hits Self Reported Market Cap of $1.91 Billion (BIT)

BitDAO (BIT) traded 0.6% higher against the U.S. dollar during the 24 hour period ending at 20:00 PM E.T. on May 27th. In the last seven days, BitDAO has traded 1% higher against the U.S. dollar. BitDAO has a market cap of $1.91 billion and approximately $34,794.46 worth of BitDAO was traded on exchanges in the last 24 hours. One BitDAO token can now be purchased for $1.04 or 0.00001495 BTC on exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded 0.6% higher against the dollar and now trades at $0.28 or 0.00000404 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 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 flat against the dollar and now trades at $0.0098 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

BitDAO 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. BitDAO’s official message board 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.”

Buying and Selling BitDAO

It is usually not currently 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy BitDAO using one of the aforementioned exchanges.

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