Bao Finance Reaches Self Reported Market Cap of $507,303.21 (BAO)

Bao Finance (BAO) traded down 0.1% against the US dollar during the 1 day period ending at 19:00 PM Eastern on August 7th. In the last week, Bao Finance has traded down 18.8% against the US dollar. One Bao Finance token can now be bought for approximately $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges. Bao Finance has a total market capitalization of $507,303.21 and approximately $0.35 worth of Bao Finance was traded on exchanges in the last day.

Here is how similar 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.
• Kitty Inu (KITTY) traded 1.9% higher 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 1.1% against the dollar and now trades at $0.0122 or 0.00000022 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 down 16.1% against the dollar and now trades at $0.0569 or 0.00000103 BTC.

Bao Finance Profile

Bao Finance’s genesis date was December 2nd, 2020. Bao Finance’s total supply is 560,270,974,250 tokens and its circulating supply is 34,066,471,176 tokens. Bao Finance’s official website is www.baofinance.io. Bao Finance’s official Twitter account is @baocommunity and its Facebook page is accessible here. Bao Finance’s official message board is thebaoman.medium.com.

According to CryptoCompare, “Bao (包) stands for a treasure or package. Something wonderful that is wrapped up in another layer. Bao buns, or in Chinese Baozi (包子) are delicious wrapped dumplings.

These bao buns are the tradition of taking something good that exists and wrapping it up into being a new treasure.

Bao Finance aims to do this by being a new protocol that adds features to existing DeFi systems.

The BAO token acts as a governance token for the fully community-run project. It is also backed by the insurance fund where all Bao fees go.”

Bao Finance Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Bao Finance directly using US dollars. Investors seeking to acquire Bao Finance should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bao Finance using one of the aforementioned exchanges.

BAO/USD price chart by TradingView