Bao Finance (BAO) Market Capitalization Tops $9.01 Million

Bao Finance (CURRENCY:BAO) traded down 3.1% against the U.S. dollar during the 1-day period ending at 16:00 PM ET on January 14th. During the last seven days, Bao Finance has traded up 1.1% against the U.S. dollar. Bao Finance has a total market capitalization of $9.01 million and approximately $257,807.00 worth of Bao Finance was traded on exchanges in the last day. One Bao Finance coin can currently be bought for approximately $0.0003 or 0.00000001 BTC on major cryptocurrency exchanges.

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

  • Tether (USDT) traded up 0% against the dollar and now trades at $1.00 or 0.00002322 BTC.
  • XRP (XRP) traded up 1.2% against the dollar and now trades at $0.78 or 0.00001801 BTC.
  • Polkadot (DOT) traded up 4.2% against the dollar and now trades at $27.10 or 0.00062897 BTC.
  • Shiba Inu (SHIB) traded 5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Internet Computer (ICP) traded up 1% against the dollar and now trades at $32.55 or 0.00075541 BTC.
  • Lido stETH (STETH) traded up 1.4% against the dollar and now trades at $3,300.51 or 0.07660161 BTC.
  • stETH (Lido) (STETH) traded flat against the dollar and now trades at $3,479.19 or 0.06807369 BTC.
  • Bitcoin BEP2 (BTCB) traded up 0.7% against the dollar and now trades at $42,799.36 or 0.99333169 BTC.
  • Toncoin (TONCOIN) traded 1% lower against the dollar and now trades at $3.66 or 0.00008485 BTC.
  • Filecoin (FIL) traded 1.5% higher against the dollar and now trades at $29.44 or 0.00068333 BTC.

Bao Finance Coin Profile

Bao Finance was first traded on December 2nd, 2020. Bao Finance’s total supply is 560,270,974,250 coins and its circulating supply is 34,066,471,176 coins. Bao Finance’s official Twitter account is @thebaoman and its Facebook page is accessible here.

According to CryptoCompare, “Bao (包) stands for a treasure or package. Something wonderful that is wrapped up in another layer. Bao buns, or in Chinese Baozi (包子) are delicious wrapped dumplings. These bao buns are the tradition of taking something good that exists and wrapping it up into being a new treasure. Bao Finance aims to do this by being a new protocol that adds features to existing DeFi systems. The BAO token acts as a governance token for the fully community-run project. It is also backed by the insurance fund where all Bao fees go. “

Buying and Selling Bao Finance

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

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