BitDAO Trading 10.5% Lower Over Last 7 Days (BIT)

by · The Markets Daily

BitDAO (BIT) traded 1.1% lower against the US dollar during the 24 hour period ending at 19:00 PM E.T. on November 4th. During the last seven days, BitDAO has traded 10.5% lower against the US dollar. BitDAO has a market capitalization of $1.06 billion and $72,936.55 worth of BitDAO was traded on exchanges in the last day. One BitDAO token can now be bought for $0.58 or 0.00000848 BTC on major exchanges.

Here is how related 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 down 2.2% 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.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $67,865.87 or 0.99772642 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded down 0.9% against the dollar and now trades at $67,728.48 or 0.99570658 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

BitDAO Profile

BitDAO’s genesis 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 Reddit community for BitDAO is https://reddit.com/r/BitDAO. BitDAO’s official website is www.bitdao.io. BitDAO’s official message board is medium.com/bitdao. BitDAO’s official Twitter account is @bitdao_official and its Facebook page is accessible here.

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 U.S. dollars. Investors seeking to trade BitDAO should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy BitDAO using one of the exchanges listed above.

BIT/USD price chart by TradingView