Lido DAO Price Reaches $1.65 (LDO)

Lido DAO (LDO) traded 0.4% higher against the U.S. dollar during the 24-hour period ending at 12:00 PM Eastern on December 20th. One Lido DAO token can now be purchased for about $1.65 or 0.00001697 BTC on cryptocurrency exchanges. Over the last seven days, Lido DAO has traded down 24.1% against the U.S. dollar. Lido DAO has a total market cap of $1.48 billion and approximately $620.81 million worth of Lido DAO was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over 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 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 (SOLVBTC) traded down 3.2% against the dollar and now trades at $96,556.27 or 0.99431707 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.5% lower against the dollar and now trades at $96,175.84 or 0.99039951 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 0.1% lower 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 896,147,256 tokens. Lido DAO’s official Twitter account is @lidofinance and its Facebook page is accessible here. Lido DAO’s official message board 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 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Lido DAO using one of the aforementioned exchanges.

LDO/USD price chart by TradingView