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BitDAO Price
BitDAO price

BitDAO Price(BIT)

Not listed
Note: This coin is not listed on Binance for trade and service.
Currency
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content.
$ 0.986115
-6%
1D
Page last updated: 2024-05-23 20:13 (UTC+0)
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Price of BIT today

The live price of BitDAO is $ 0.986115 per (BIT / USD) with a current market cap of $ 0 USD. 24-hour trading volume is $ 143,946.79 USD. BIT to USD price is updated in real-time. BitDAO is -6% in the last 24 hours with a circulating supply of 0.
BIT Price History USD
Date ComparisonAmount Change% Change
Today$ -0.062968-6%
30 Days$ -0.233661-19.16%
60 Days$ 0.13843+16.33%
90 Days$ 0.190075+23.88%

BIT Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.987524
High: $ 1.058289
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 3.64475
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-1.51%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-6%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+0.15%
The percent change in trading volume for this asset compared to 7 days ago.

BIT Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#3692
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 0
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 143,946.79
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
0
0%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
10.00B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 9.86B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About BitDAO (BIT)

BitDAO is an investment-based decentralized autonomous organization (DAO) created in 2021 by Bybit, a Singapore-based derivatives exchange. It has a sizable DAO-oriented vault, with approximately $2.5 billion worth of assets under management. BitDAO's reported central focus is to support the development of decentralized finance and help token-based economies grow using its treasury funds to support art, R&D, venture, and education in the blockchain industry. $BIT is the DAO's governance token. The current price of BitDAO is live-tracked on Binance.

BitDAO intends to offer grants to teams developing products or conducting research to advance and enhance the cryptocurrency industry. Additionally, it plans to collaborate with other projects and facilitate token trading on behalf of its community members. At the time of writing, BitDAO partnerships include, ByBit, Dragonfly Capital, Polygon (MATIC), and SushiSwap (SUSHI), among others.

BIT is the governance token of the DAO; as such, BIT token holders have a voice in the development of the DAO. Holders can submit and vote on proposals such as token swaps with emerging and existing projects, treasury allocation, and updates on core governance and treasury management protocols.

Governance of the DAO is split into two phases; Phase 1, at the time of writing, includes the use of multi-sig administrators, Gnosis Safe, and off-chain governance. Development plans for the BitDAO include DAO-related tools such as an easily up-gradable smart contract, on-chain voting and proposals, and governance parameters regarding vote duration, fees, thresholds, and more.

People Also Ask: Other Questions About BIT

  1. What is BIT Used For?

    BIT is the governance token of the BitDAO, allowing token holders to vote on topics such as treasury allotment, governance management, and more.

  2. Who is the Founder of BitDAO?

    BitDAO was founded in June 2021 by the derivatives exchange Bybit. At launch, BitDAO raised $230 million, led by Dragonfly and Pantera Capital founder Peter Thiel.

  3. What is the Maximum Token Supply of BIT?

    BIT has a maximum supply of 10 billion BIT, with 2 billion BIT in circulation and a market capitalization of $1.118 billion at the time of writing.

  4. What Makes BitDAO Different From Others?

    The BitDAO mission is to promote and support projects in the blockchain industry that align with the core values of the DAO, funding endeavors in R&D, grants, and others to ensure the mass adoption of Web3 technology.

    The network seeks to accomplish its goal of partnering with existing and established, as well as developing blockchain projects, through token swaps. BitDAO believes token swaps will enable the DAO treasury to collect cryptocurrencies. From there the collected cryptocurrencies can be swapped through the token swap mechanism without the medium of fiat or any currency intermediary. Spot and derivatives DEXs are proclaimed as being the priority project caveat for BitDAO partnership goals.

  5. How To Buy BitDAO (BIT)

    BitDAO (BIT) is currently unavailable for purchase or trading on Binance. Live BitDAO price is updated in real-time on Binance. Additionally, BIT price and purchase information is available for users to read in our How To Buy BitDAO (BIT) guide.

BIT to Local Currency

FiatPriceOperation
1 BIT to USD$ 0.986115
1 BIT to TRY$ 0.986115
1 BIT to RUB$ 0.986115
1 BIT to EUR$ 0.986115
1 BIT to AED$ 0.986115
1 BIT to AUD$ 0.986115
1 BIT to BRL$ 0.986115
1 BIT to VND$ 0.986115
Last updated 2024/05/23 08:13 (UTC)

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Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.