Lido DAO Price Hits $1.73 on Top Exchanges (LDO)

Lido DAO (LDO) traded down 6.5% against the U.S. dollar during the twenty-four hour period ending at 21:00 PM Eastern on February 18th. Lido DAO has a market capitalization of $1.55 billion and approximately $196.27 million worth of Lido DAO was traded on exchanges in the last 24 hours. One Lido DAO token can currently be purchased for about $1.73 or 0.00001813 BTC on cryptocurrency exchanges. In the last week, Lido DAO has traded up 9.1% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• 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 down 2.2% 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 0.8% lower against the dollar and now trades at $95,140.81 or 0.99697632 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.5% lower against the dollar and now trades at $94,644.40 or 0.99177446 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 Profile

Lido DAO launched on December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 896,838,471 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 message board is blog.lido.fi. Lido DAO’s official Twitter account is @lidofinance and its Facebook page is accessible here. Lido DAO’s official website 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 presently 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Lido DAO using one of the aforementioned exchanges.

LDO/USD price chart by TradingView