BitDAO Trading Down 15.8% Over Last Week (BIT)

BitDAO (BIT) traded 6.4% higher against the US dollar during the 24-hour period ending at 22:00 PM E.T. on July 8th. One BitDAO token can currently be purchased for about $0.67 or 0.00001183 BTC on major cryptocurrency exchanges. BitDAO has a market capitalization of $1.23 billion and $33,426.10 worth of BitDAO was traded on exchanges in the last day. Over the last seven days, BitDAO has traded 15.8% lower against the US dollar.

Here is how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 0.4% against the dollar and now trades at $0.18 or 0.00000327 BTC.
• 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 up 2.6% against the dollar and now trades at $0.0118 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

BitDAO Profile

BitDAO was first traded 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 Twitter account is @bitdao_official and its Facebook page is accessible here. The Reddit community for BitDAO is https://reddit.com/r/BitDAO. BitDAO’s official message board is medium.com/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 buy alternative cryptocurrencies such as BitDAO directly using US dollars. Investors seeking to acquire BitDAO should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BitDAO using one of the aforementioned exchanges.

BIT/USD price chart by TradingView