Bao Finance (BAO) Hits Self Reported Market Cap of $551,678.13

Bao Finance (BAO) traded down 5.3% against the U.S. dollar during the 1-day period ending at 19:00 PM E.T. on August 4th. Bao Finance has a market cap of $551,678.13 and $2.94 worth of Bao Finance was traded on exchanges in the last day. One Bao Finance token can currently be purchased for $0.0000 or 0.00000000 BTC on major exchanges. In the last week, Bao Finance has traded down 12.3% against the U.S. dollar.

Here is how related cryptocurrencies have performed in 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 0.7% against the dollar and now trades at $0.0124 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 5% against the dollar and now trades at $0.0770 or 0.00000131 BTC.

Bao Finance Token Profile

Bao Finance was first traded on December 2nd, 2020. Bao Finance’s total supply is 560,270,974,250 tokens and its circulating supply is 34,066,471,176 tokens. Bao Finance’s official website is www.baofinance.io. Bao Finance’s official message board is thebaoman.medium.com. Bao Finance’s official Twitter account is @baocommunity and its Facebook page is accessible here.

According to CryptoCompare, “Bao (包) stands for a treasure or package. Something wonderful that is wrapped up in another layer. Bao buns, or in Chinese Baozi (包子) are delicious wrapped dumplings.

These bao buns are the tradition of taking something good that exists and wrapping it up into being a new treasure.

Bao Finance aims to do this by being a new protocol that adds features to existing DeFi systems.

The BAO token acts as a governance token for the fully community-run project. It is also backed by the insurance fund where all Bao fees go.”

Buying and Selling Bao Finance

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

BAO/USD price chart by TradingView