BitDAO (BIT) Trading 6.8% Lower This Week

BitDAO (BIT) traded up 2.5% against the U.S. dollar during the 1-day period ending at 15:00 PM E.T. on November 5th. BitDAO has a total market capitalization of $1.09 billion and approximately $66,205.20 worth of BitDAO was traded on exchanges in the last 24 hours. During the last week, BitDAO has traded 6.8% lower against the U.S. dollar. One BitDAO token can now be bought for approximately $0.59 or 0.00000849 BTC on popular cryptocurrency exchanges.

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

• 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 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2.8% higher against the dollar and now trades at $69,780.50 or 0.99842940 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.9% against the dollar and now trades at $69,682.66 or 0.99702954 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About BitDAO

BitDAO’s launch date was 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. BitDAO’s official Twitter account is @bitdao_official and its Facebook page is accessible here. BitDAO’s official website is www.bitdao.io. The Reddit community for BitDAO is https://reddit.com/r/BitDAO.

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 currently possible to purchase alternative cryptocurrencies such as BitDAO directly using US dollars. Investors seeking to trade BitDAO should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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