BitDAO Trading Down 9.8% Over Last Week (BIT)

BitDAO (BIT) traded 5.7% lower against the US dollar during the 1 day period ending at 17:00 PM ET on November 3rd. BitDAO has a total market cap of $1.07 billion and $95,114.25 worth of BitDAO was traded on exchanges in the last day. During the last week, BitDAO has traded down 9.8% against the US dollar. One BitDAO token can currently be purchased for about $0.58 or 0.00000842 BTC on cryptocurrency exchanges.

Here’s 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 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.7% lower against the dollar and now trades at $68,896.53 or 0.99732839 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1% against the dollar and now trades at $68,616.78 or 0.99327868 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

BitDAO Token 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. BitDAO’s official message board is medium.com/bitdao. The official website for BitDAO is www.bitdao.io. 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.

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 purchase alternative cryptocurrencies such as BitDAO directly using US dollars. Investors seeking to trade BitDAO should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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