Bao Finance (BAO) Achieves Self Reported Market Cap of $3.36 Thousand

Bao Finance (BAO) traded up 2.8% against the dollar during the twenty-four hour period ending at 7:00 AM ET on February 8th. One Bao Finance token can now be purchased for approximately $0.0000 or 0.00000000 BTC on cryptocurrency exchanges. Bao Finance has a total market cap of $3.36 thousand and approximately $5.93 worth of Bao Finance was traded on exchanges in the last 24 hours. In the last seven days, Bao Finance has traded 6.3% lower against the dollar.

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

• 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 down 2.2% 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.7% against the dollar and now trades at $70,069.60 or 0.98844654 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Bao Finance Profile

Bao Finance launched on December 2nd, 2020. Bao Finance’s total supply is 560,270,974,250 tokens and its circulating supply is 34,066,471,176 tokens. Bao Finance’s official website is www.baofinance.io. The official message board for Bao Finance is thebaoman.medium.com. Bao Finance’s official Twitter account is @baocommunity and its Facebook page is accessible here.

According to CryptoCompare, “Bao (包) stands for a treasure or package. Something wonderful that is wrapped up in another layer. Bao buns, or in Chinese Baozi (包子) are delicious wrapped dumplings.These bao buns are the tradition of taking something good that exists and wrapping it up into being a new treasure.Bao Finance aims to do this by being a new protocol that adds features to existing DeFi systems.The BAO token acts as a governance token for the fully community-run project. It is also backed by the insurance fund where all Bao fees go.”

Buying and Selling Bao Finance

It is usually not presently possible to purchase alternative cryptocurrencies such as Bao Finance directly using U.S. dollars. Investors seeking to acquire Bao Finance should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bao Finance using one of the aforementioned exchanges.

BAO/USD price chart by TradingView