BitDAO (BIT) Tops 24 Hour Volume of $3.63 Million

BitDAO (BIT) traded 0.3% higher against the US dollar during the 24 hour period ending at 11:00 AM Eastern on July 28th. One BitDAO token can now be bought for approximately $1.26 or 0.00001851 BTC on popular exchanges. BitDAO has a market cap of $2.31 billion and approximately $3.63 million worth of BitDAO was traded on exchanges in the last day. In the last week, BitDAO has traded 1.1% higher against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 1.3% lower against the dollar and now trades at $0.19 or 0.00000273 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 0% against the dollar and now trades at $0.0134 or 0.00000020 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. BitDAO’s official Twitter account is @bitdao_official and its Facebook page is accessible here. The official message board for BitDAO is medium.com/bitdao. BitDAO’s official website is www.bitdao.io. The Reddit community for BitDAO is https://reddit.com/r/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.”

Buying and Selling BitDAO

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

BIT/USD price chart by TradingView