77% of retail investor accounts lose money when trading CFDs with this provider.
|1 BitDAO = 0.41436 GBP||1 000 GBP = 2,413.37576 BIT|
|100 BitDAO = 41.43574 GBP||100 000 GBP = 241,337.58 BIT|
|Currently in circulation: 1,453,909,315 BIT||The maximum amount of BIT in circulation: 9,610,239,403|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current BitDAO price
|Current price||0.4144 GBP / 0.5117 USD / 0.4779 EUR|
|Total market value||602,969,323 GBP / 744,589,502 USD / 695,403,409 EUR|
|Price change in the last 24h||0.23%|
|Price change in the last 7 days||-1.87%|
|Updated||May 30, 2023, 6.59 pm|
In the last 24h, the price of the cryptocurrency BitDAO has increased by 0.23%. Even though the currency price has been increasing in the last 24h, the value of the cryptocurrency BitDAO has decreased by 1.87% within the last 7 days. Therefore, it cannot be said there is a long-term increasing trend. The total market value of the cryptocurrency BitDAO as of Jan 12, 2022, is 744,589,502 USD (roughly 602,969,323 GBP), which makes it the 66th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: NEO | USDD | KuCoin Token
|Date||BIT/USD||Price in GBP||Change in 24h|
|May 29, 2023||0.511 USD|
|May 28, 2023||0.512 USD|
|May 27, 2023||0.515 USD|
|May 26, 2023||0.517 USD|
|May 25, 2023||0.516 USD|
|May 24, 2023||0.512 USD|
|May 23, 2023||0.524 USD|
|May 22, 2023||0.517 USD|
|May 21, 2023||0.512 USD|
|May 20, 2023||0.511 USD|
|May 19, 2023||0.515 USD|
|May 18, 2023||0.503 USD|
|May 17, 2023||0.507 USD|
|May 16, 2023||0.510 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of BitDAO in a day/week/month?
Predicting the BIT price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is BitDAO worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not BIT is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.