BitDAO (BIT) Hits Self Reported Market Capitalization of $1.87 Billion

BitDAO (BIT) traded 0.2% higher against the U.S. dollar during the one day period ending at 22:00 PM ET on August 12th. During the last seven days, BitDAO has traded up 6.6% against the U.S. dollar. BitDAO has a total market capitalization of $1.87 billion and $929,393.73 worth of BitDAO was traded on exchanges in the last day. One BitDAO token can now be purchased for $1.02 or 0.00001700 BTC on exchanges.

Here is 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.
• 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.
• 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 down 0.8% against the dollar and now trades at $0.0126 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.5% higher against the dollar and now trades at $0.0586 or 0.00000099 BTC.

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

BIT/USD price chart by TradingView