Lido DAO Price Hits $2.22 on Exchanges (LDO)

Lido DAO (LDO) traded 4.3% lower against the US dollar during the 24-hour period ending at 12:00 PM E.T. on December 16th. Lido DAO has a total market cap of $1.99 billion and $382.48 million worth of Lido DAO was traded on exchanges in the last day. During the last week, Lido DAO has traded 11.1% higher against the US dollar. One Lido DAO token can now be bought for about $2.22 or 0.00002078 BTC on cryptocurrency exchanges.

Here’s how other 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 2.2% lower 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.
• SolvBTC (SOLVBTC) traded 3.5% higher against the dollar and now trades at $106,238.25 or 0.99379570 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.4% against the dollar and now trades at $105,758.64 or 0.98930922 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.

Lido DAO Token Profile

Lido DAO’s genesis date was December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 896,268,511 tokens. 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. Lido DAO’s official website is lido.fi. The official message board for Lido DAO is blog.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 possible to purchase alternative cryptocurrencies such as Lido DAO directly using US dollars. Investors seeking to trade Lido DAO should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Lido DAO using one of the exchanges listed above.

LDO/USD price chart by TradingView