Lido DAO (LDO) Achieves Self Reported Market Cap of $729.61 Million

Lido DAO (LDO) traded 6.8% lower against the US dollar during the one day period ending at 7:00 AM Eastern on April 3rd. One Lido DAO token can currently be bought for $0.81 or 0.00000976 BTC on major exchanges. In the last week, Lido DAO has traded down 22.1% against the US dollar. Lido DAO has a market cap of $729.61 million and approximately $88.04 million worth of Lido DAO was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• 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 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.
• SolvBTC (SOLVBTC) traded down 1.8% against the dollar and now trades at $83,207.44 or 0.99927157 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.6% lower against the dollar and now trades at $82,931.34 or 0.99595583 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Lido DAO Token Profile

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

According to CryptoCompare, “Lido is a liquid staking solution for ETH 2.0 backed by industry-leading staking providers. Lido lets users stake their ETH – without locking assets or maintaining infrastructure – whilst participating in on-chain activities, e.g. lending.Lido's goal is to solve the problems associated with initial ETH 2.0 staking – illiquidity, immovability and accessibility – making staked ETH liquid and allowing for participation with any amount of ETH to improve the security of the Ethereum network.”

Lido DAO Token Trading

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

LDO/USD price chart by TradingView