Lido DAO (LDO) Price Reaches $0.42 on Major Exchanges

Lido DAO (LDO) traded down 7% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM ET on February 1st. One Lido DAO token can currently be purchased for $0.42 or 0.00000532 BTC on popular exchanges. Lido DAO has a total market cap of $351.89 million and $69.46 million worth of Lido DAO was traded on exchanges in the last day. During the last week, Lido DAO has traded down 19.3% against the U.S. dollar.

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

• 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 10.5% against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• SolvBTC (SOLVBTC) traded 5.4% lower against the dollar and now trades at $78,075.59 or 0.99876605 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 Profile

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 846,566,802 tokens. 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. 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 website is lido.fi.

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 presently possible to purchase alternative cryptocurrencies such as Lido DAO directly using US dollars. Investors seeking to trade Lido DAO should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Lido DAO using one of the exchanges listed above.

LDO/USD price chart by TradingView