Lido DAO (LDO) One Day Trading Volume Reaches $69.74 Million

Lido DAO (LDO) traded up 3.6% against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on May 3rd. One Lido DAO token can now be bought for about $2.09 or 0.00003325 BTC on major exchanges. During the last week, Lido DAO has traded up 8.3% against the U.S. dollar. Lido DAO has a market capitalization of $1.86 billion and $69.74 million worth of Lido DAO was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded up 2.3% against the dollar and now trades at $0.30 or 0.00000476 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.4% against the dollar and now trades at $0.0101 or 0.00000016 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’s launch date was December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 892,450,670 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 Twitter account is @lidofinance and its Facebook page is accessible here. The official message board for Lido DAO is blog.lido.fi. 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 possible to buy alternative cryptocurrencies such as Lido DAO directly using US dollars. Investors seeking to trade Lido DAO should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Lido DAO using one of the exchanges listed above.

LDO/USD price chart by TradingView