Lido DAO Price Tops $1.03 (LDO)

Lido DAO (LDO) traded up 0.4% against the U.S. dollar during the 24-hour period ending at 7:00 AM Eastern on March 10th. One Lido DAO token can now be purchased for $1.03 or 0.00001246 BTC on popular exchanges. Lido DAO has a market cap of $920.68 million and $105.31 million worth of Lido DAO was traded on exchanges in the last 24 hours. During the last seven days, Lido DAO has traded down 20.9% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Taiko (TAIKO) traded down 3.9% against the dollar and now trades at $0.74 or 0.00000904 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 3.1% against the dollar and now trades at $82,189.71 or 0.99873420 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.3% lower against the dollar and now trades at $81,634.54 or 0.99198801 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Lido DAO Profile

Lido DAO was first traded on December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 897,602,695 tokens. The official message board for Lido DAO is blog.lido.fi. Lido DAO’s official Twitter account is @lidofinance and its Facebook page is accessible here. The Reddit community for Lido DAO is https://reddit.com/r/lidofinance and the currency’s Github account can be viewed here. The official website for Lido DAO is lido.fi.

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.”

Lido DAO Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Lido DAO directly using US dollars. Investors seeking to acquire Lido DAO should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Lido DAO using one of the aforementioned exchanges.

LDO/USD price chart by TradingView