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BitDAO BIT

BitDAO Price (BIT)
$1.16
0.52% Buy BIT Now

0.0004 ETH

0.0000190 BTC

Buy BIT Now
Low: $1.11
High: $1.19
24h
Market Cap
$2,137,495,186
0.52%
Fully Diluted Market Cap
$11,593,698,290
0.52%
Volume
24h
$13,227
82.13%
Volume / Market Cap
0.00000619
Circulating Supply
1,843,669,839 BIT
Max Supply
10,000,000,000
Total Supply
10,000,000,000

BitDAO (BIT) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.44%

Joined at Apr 16, 2021

Following

78

0.00%

Tweet count

769

0.00%

BitDAO reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official BitDAO (BIT) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

BitDAO telegram
Telegram Stats
Visit Telegram

Members

1.19%

Title

BitDAO

BitDAO traffic
Website Traffic
Visit Website

Website Rating (DR)

60 / 100

1.69%

Ahrefs Rank

308,851

5.10%

Organic Traffic (mo.)

0

BitDAO github
GitHub Organization
Visit GitHub

Public repos

Created at Aug 10, 2021

Type

Organization

BitDAO github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official BitDAO (BIT) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 56,140

Members: 10,347


Live BIT Price Analysis

The current real time BitDAO price is $1.16, and its trading volume is $13,227 in the last 24 hours. BIT price has plummeted by 0.52% in the last day, and decreased by 14.42% in the last 7 days. It’s important to note that current BitDAO market capitalization is $0, and the maximum supply is 10,000,000,000 BIT coins. Talking about circulating supply, BIT has 0 coins. Currently, BitDAO rank on the market is #2128.

BitDAO price today is 68.19% below all time high, and it is 1,268.66% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling BIT are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is BitDAO (BIT)?

BIT is the governance token for the BitDAO ecosystem. The BitDAO network aims to build a community of Web3 developers and investors that covers everything from decentralized finance and education to arts and gaming.

BitDAO was built on the Ethereum blockchain and BIT is an ERC-20 token. The platform’s goal is to expand the DeFi ecosystem and work towards the mass adoption of blockchain-based tokens. The platform is run by its decentralized autonomous organization, known as the BitDAO, which makes all protocol-related decisions.

How Was BitDAO Created?

Unlike some crypto projects that have names or pseudonyms standing behind them, BitDAO does not have a core team or listed founders. Instead, it’s run by a completely decentralized community of programmers, developers, and other contributors. One of its key values is an open community that welcomes users of all backgrounds.

The idea behind BitDAO was to foster the core principles of blockchain – building a permissionless, decentralized network. It focuses on exploring the possibilities of Web3 technology in different fields, from technology to entertainment. BitDAO’s goal is to create a space that promotes open finance – also known as decentralized finance (DeFi).

The official BitDAO crypto trading began in August 2021. The token showed high volatility from its early days, experiencing frequent market fluctuations. The BIT price during its first week in the market varied between $1.48 and $1.87.

In its first year, BitDAO generally followed the broader trends of the crypto market. In November, the token saw significant growth, reaching the highest-recorded BitDAO price at $2.97 in 2021, and its first 365 days overall. This matched the growth experienced at the time by the biggest cryptocurrencies in the market, such as Bitcoin and Ethereum.

What Are the Main Features of BitDAO?

BitDAO has a fixed maximum supply of 10 billion tokens. This makes it an anti-inflationary asset. The BIT price is expected to increase over time as the scarcity of the asset grows. According to the BitDAO tokenomics, 5% each of the total supply was allocated to the private sale and as launch partner rewards.

30% is in the BitDAO Treasury to be used for milestone rewards, grants, and other purposes. These assets are considered to be owned by token holders proportionally to how many tokens they hold. The Treasure funds can only be allocated by a governance vote and cannot be accessed under other circumstances.

15% went towards Bybit Flexible while the largest share of 45% went to Bybit Locked. A large number of tokens was allocated to Bybit due to its pledge to make contributions to the BitDAO treasury. Bybit is holding these funds privately and can use them to support BitDAO’s business growth, as well as research and development.

BitDAO presents itself as a “collective of builders and stakeholders enabling mutually beneficial Web3 ecosystems of people, products, and public goods.” It has collaborated with well-known blockchain communities, including zkDAO, EduDAO, and Game7.

The platform creates a developer-friendly environment that can be used to build blockchain tools to improve the quality of networks and DAOs. Developers can take advantage of on- and off-chain toolkits that optimize governance processes. BitDAO also hopes to bring developers together for collaborative blockchain projects.

The platform utilizes token swaps to invest in new and prospective DeFi projects. The platform queries various decentralized spot and derivatives markets and uses the BitDAO Treasure funds to build a collection of the assets on the radar. The new assets can then be compared to the BitDAO price value, traded further, or used for liquidity.

In addition to its digital solutions and toolkits, BitDAO also supports blockchain developers and researchers via its grant program. The BitDAO members vote on which projects they believe should receive funding and determine what the BIT price value of the grant should be.

The core principle of BitDAO is that it runs as a fully decentralized autonomous organization and is considered one of the biggest communities in the crypto space. Every BitDAO coin holder is eligible to participate in the governance processes. All users, regardless of the BitDAO price value they hold, can submit proposals regarding the protocol.

The DAO is responsible for allocating the grant funds, selecting which tokens should be traded in swaps, and contributing to the network directly. It also determines when milestone rewards can be allocated and what the BIT price value of such rewards should be. It provides financial support for various blockchain R&D projects.

The community has acknowledged that, over time, some figureheads may stand out in discussions. However, users are prohibited from imposing their opinions and decisions on other members.

The decentralized autonomous organization represents the community both on- and off-chain. Users participate in forums, educate others about BitDAO on social media, and may be appointed as community moderators on platforms like Reddit.

What's BitDAO trading volume in the last 24 hours?

BIT has a trading volume of $13,227 in the last 24 hours.

What's BitDAO highest price ever?

BIT has a highest price of $3.64, which was reached on Nov 16, 2021 (2 years 5 months ago).

What's BitDAO lowest price ever?

BIT has a lowest price of $0.0847, which was reached on Dec 11, 2022 (1 year 4 months ago).

What are the best exchanges for buying and selling BIT?

Currently, the most active and dominating exchanges for buying and selling BitDAO are Binance, Kraken & Kucoin. The most popular BitDAO trading pairs are BIT/WETH (on SushiSwap ), BIT/USD (on Coinbase ), BIT/WETH (on Uniswap (V3) ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping BIT?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping BitDAO. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

BitDAO project's Circulating Supply has been verified and is equal to:

Circulating Supply

0 BIT

Unverified Data

BitDAO project's Market Cap has not been verified. However, according to the BitDAO self-reported data Market Cap is equal to:

Circulating Supply

1,843,669,839 BIT

Market Cap

$2,137,495,186

Unverified Data

BitDAO project's Market Cap has not been verified. However, according to the BitDAO self-reported data Market Cap is equal to:

Circulating Supply

1,843,669,839 BIT

Market Cap

$2,137,495,186

Unverified Data

BitDAO project's Circulating Supply has not been verified. However, according to the BitDAO self-reported data Circulating Supply is equal to:

Circulating Supply

1,843,669,839 BIT

Market Cap

$2,137,495,186

Unverified Data

BitDAO project's Circulating Supply has not been verified. However, according to the BitDAO self-reported data Circulating Supply is equal to:

Circulating Supply

1,843,669,839 BIT

Market Cap

$2,137,495,186

Unverified Data

BitDAO project's Circulating Supply has not been verified. However, according to the BitDAO self-reported data Circulating Supply is equal to:

Circulating Supply

1,843,669,839 BIT

Market Cap

$2,137,495,186

Unverified Data

BitDAO project's Circulating Supply has not been verified. However, according to the BitDAO self-reported data Circulating Supply is equal to:

Circulating Supply

1,843,669,839 BIT

Market Cap

$2,137,495,186

Unverified Data

BitDAO project's Circulating Supply has not been verified. However, according to the BitDAO self-reported data Circulating Supply is equal to:

Circulating Supply

1,843,669,839 BIT

Market Cap

$2,137,495,186

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric
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