Lido DAO (LDO) Price Tops $1.00 on Exchanges

Lido DAO (LDO) traded 3.2% lower against the US dollar during the 24-hour period ending at 21:00 PM E.T. on September 15th. Lido DAO has a total market capitalization of $894.20 million and $46.96 million worth of Lido DAO was traded on exchanges in the last 24 hours. Over the last week, Lido DAO has traded up 5.2% against the US dollar. One Lido DAO token can now be purchased for approximately $1.00 or 0.00001701 BTC on exchanges.

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

• 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 down 2.2% 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 1.2% higher 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.
• 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 1.1% against the dollar and now trades at $0.0488 or 0.00000083 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Lido DAO Token Profile

Lido DAO launched on December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 895,273,035 tokens. Lido DAO’s official message board is blog.lido.fi. The official website for Lido DAO is lido.fi. The Reddit community for Lido DAO is https://reddit.com/r/lidofinance and the currency’s Github account can be viewed here. Lido DAO’s official Twitter account is @lidofinance and its Facebook page is accessible here.

According to CryptoCompare, “Lido DAO is an innovative decentralized autonomous organization that manages liquid staking on Ethereum 2.0. Its native asset, the LDO token, serves as the governance token, empowering holders to vote on key protocol parameters. The voting weight is proportional to the amount of LDO held, democratizing decision-making. Users stake ETH and receive stETH, a token that mirrors staked ETH while remaining liquid and earning staking rewards. Co-founded by Jordan Fish and Konstantin Lomashuk, Lido DAO balances centralization and decentralization, using an efficient mechanism, Easy Track, for routine governance. It reinvests service fees into research, development, liquidity mining incentives, and upgrades, fostering sustainable growth and flexibility.”

Buying and Selling Lido DAO

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

LDO/USD price chart by TradingView