BitDAO (BIT) Trading 6.8% Lower This Week

BitDAO (BIT) traded 2.5% higher against the U.S. dollar during the 1-day period ending at 15:00 PM Eastern on November 5th. During the last week, BitDAO has traded down 6.8% against the U.S. dollar. One BitDAO token can currently be purchased for about $0.59 or 0.00000849 BTC on major exchanges. BitDAO has a total market cap of $1.09 billion and $66,205.20 worth of BitDAO was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during 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 down 2.2% 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 8.9% higher 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

BitDAO Profile

BitDAO launched on 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. The Reddit community for BitDAO is https://reddit.com/r/BitDAO. BitDAO’s official Twitter account is @bitdao_official and its Facebook page is accessible here. The official website for BitDAO 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.”

BitDAO Token Trading

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

BIT/USD price chart by TradingView