BitDAO (BIT) Price Down 16.4% This Week

BitDAO (BIT) traded down 0.9% against the dollar during the 24 hour period ending at 19:00 PM ET on September 4th. BitDAO has a total market cap of $1.23 billion and $254,160.04 worth of BitDAO was traded on exchanges in the last 24 hours. One BitDAO token can currently be bought for about $0.67 or 0.00001152 BTC on cryptocurrency exchanges. In the last seven days, BitDAO has traded 16.4% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Taiko (TAIKO) traded up 0.8% against the dollar and now trades at $1.42 or 0.00002446 BTC.
• 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 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 down 2.2% 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.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0.6% against the dollar and now trades at $0.0503 or 0.00000087 BTC.

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

BIT/USD price chart by TradingView