Lido DAO (LDO) Trading Up 10.4% Over Last Week

Lido DAO (LDO) traded 14.6% higher against the dollar during the 24-hour period ending at 8:00 AM ET on June 10th. Lido DAO has a market cap of $852.14 million and $135.76 million worth of Lido DAO was traded on exchanges in the last day. One Lido DAO token can now be bought for $0.95 or 0.00000867 BTC on popular exchanges. During the last seven days, Lido DAO has traded 10.4% higher against the dollar.

Here is how related cryptocurrencies have performed during 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Central African Republic Meme (CAR) traded 9.2% lower against the dollar and now trades at $0.0531 or 0.00000048 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 up 2% against the dollar and now trades at $109,401.19 or 0.99896116 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.8% against the dollar and now trades at $109,174.28 or 0.99688924 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 897,145,082 tokens. 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. 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.

According to CryptoCompare, “Lido is a liquid staking solution for ETH 2.0 backed by industry-leading staking providers. Lido lets users stake their ETH – without locking assets or maintaining infrastructure – whilst participating in on-chain activities, e.g. lending.Lido's goal is to solve the problems associated with initial ETH 2.0 staking – illiquidity, immovability and accessibility – making staked ETH liquid and allowing for participation with any amount of ETH to improve the security of the Ethereum network.”

Buying and Selling Lido DAO

It is usually not currently possible to purchase alternative cryptocurrencies such as Lido DAO directly using U.S. dollars. Investors seeking to acquire Lido DAO should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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