Lido DAO Price Hits $2.50 on Major Exchanges (LDO)

Lido DAO (LDO) traded down 4.1% against the US dollar during the one day period ending at 17:00 PM E.T. on May 27th. Over the last week, Lido DAO has traded up 16.9% against the US dollar. One Lido DAO token can currently be bought for $2.50 or 0.00003599 BTC on popular exchanges. Lido DAO has a market capitalization of $2.23 billion and $212.51 million worth of Lido DAO was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded down 4.6% against the dollar and now trades at $0.28 or 0.00000404 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 flat against the dollar and now trades at $0.0098 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Lido DAO

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 892,324,188 tokens. Lido DAO’s official website 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. 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.

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.”

Buying and Selling Lido DAO

It is usually not presently 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, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Lido DAO using one of the aforementioned exchanges.

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