Lido DAO (LDO) Trading Down 19.3% Over Last Week

Lido DAO (LDO) traded down 7% against the US dollar during the twenty-four hour period ending at 9:00 AM E.T. on February 1st. During the last week, Lido DAO has traded 19.3% lower against the US dollar. One Lido DAO token can currently be bought for about $0.42 or 0.00000532 BTC on major exchanges. Lido DAO has a total market capitalization of $351.89 million and $69.46 million worth of Lido DAO was traded on exchanges in the last 24 hours.

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

• 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 2.2% lower 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 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.BBN (SOLVBTC.BB) traded 10.5% lower against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• SolvBTC (SOLVBTC) traded down 5.4% against the dollar and now trades at $78,075.59 or 0.99876605 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 launch date was December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 846,566,802 tokens. Lido DAO’s official Twitter account is @lidofinance and its Facebook page is accessible here. The official message board for Lido DAO 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.

According to CryptoCompare, “Lido is a liquid staking solution for ETH 2.0 backed by industry-leading staking providers. Lido lets users stake their ETH – without locking assets or maintaining infrastructure – whilst participating in on-chain activities, e.g. lending.Lido's goal is to solve the problems associated with initial ETH 2.0 staking – illiquidity, immovability and accessibility – making staked ETH liquid and allowing for participation with any amount of ETH to improve the security of the Ethereum network.”

Lido DAO Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Lido DAO directly using US dollars. Investors seeking to acquire Lido DAO should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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