Bao Finance Market Capitalization Reaches $12.71 Million (BAO)

Bao Finance (CURRENCY:BAO) traded down 5.2% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM ET on June 21st. During the last seven days, Bao Finance has traded 18.3% lower against the U.S. dollar. One Bao Finance coin can now be purchased for $0.0004 or 0.00000001 BTC on major exchanges. Bao Finance has a market cap of $12.71 million and $1.03 million worth of Bao Finance was traded on exchanges in the last day.

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

  • Tether (USDT) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00003157 BTC.
  • XRP (XRP) traded down 20% against the dollar and now trades at $0.62 or 0.00001961 BTC.
  • Polkadot (DOT) traded down 23.7% against the dollar and now trades at $15.88 or 0.00050130 BTC.
  • Internet Computer (ICP) traded 21.2% lower against the dollar and now trades at $37.34 or 0.00117883 BTC.
  • Filecoin (FIL) traded 25.9% lower against the dollar and now trades at $47.23 or 0.00149102 BTC.
  • Egoras (EGR) traded down 23.9% against the dollar and now trades at $0.0561 or 0.00000177 BTC.
  • KnoxFS (old) (KFX) traded 4.3% higher against the dollar and now trades at $19.25 or 0.00049793 BTC.
  • SHIBA INU (SHIB) traded 19.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Bitcoin BEP2 (BTCB) traded 11.3% lower against the dollar and now trades at $31,649.44 or 0.99914744 BTC.
  • Fei Protocol (FEI) traded 0.9% lower against the dollar and now trades at $0.99 or 0.00003134 BTC.

About Bao Finance

Bao Finance’s launch date was December 2nd, 2020. Bao Finance’s total supply is 560,270,974,250 coins and its circulating supply is 34,066,471,176 coins. Bao Finance’s official Twitter account is @thebaoman 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. “

Bao Finance Coin Trading

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, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bao Finance using one of the exchanges listed above.

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