BitDAO Price Tops $1.02 on Exchanges (BIT)

BitDAO (BIT) traded down 0.2% against the US dollar during the 24 hour period ending at 8:00 AM E.T. on February 10th. One BitDAO token can now be bought for about $1.02 or 0.00001049 BTC on cryptocurrency exchanges. During the last week, BitDAO has traded up 2.4% against the US dollar. BitDAO has a total market cap of $1.88 billion and approximately $2,161.10 worth of BitDAO was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• GMX (GMX) traded up 2.1% against the dollar and now trades at $23.65 or 0.00024311 BTC.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.9% against the dollar and now trades at $97,210.56 or 0.99923850 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 9.4% against the dollar and now trades at $96,979.41 or 0.99686255 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

BitDAO Token Profile

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. BitDAO’s official Twitter account is @bitdao_official and its Facebook page is accessible here. The official website for BitDAO is www.bitdao.io. The Reddit community for BitDAO is https://reddit.com/r/BitDAO. BitDAO’s official message board is medium.com/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 acquire BitDAO should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, 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