Lido Staked ETH (stETH) Reaches Market Cap of $27.88 Billion

Lido Staked ETH (stETH) traded up 1.1% against the U.S. dollar during the twenty-four hour period ending at 15:00 PM ET on May 2nd. One Lido Staked ETH token can currently be purchased for about $2,984.39 or 0.05048652 BTC on exchanges. Lido Staked ETH has a market capitalization of $27.88 billion and approximately $126.87 million worth of Lido Staked ETH was traded on exchanges in the last day. In the last seven days, Lido Staked ETH has traded down 5.6% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded 4.8% higher against the dollar and now trades at $0.30 or 0.00000508 BTC.
  • 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 2.8% against the dollar and now trades at $0.0100 or 0.00000017 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Lido Staked ETH

Lido Staked ETH’s launch date was December 18th, 2020. Lido Staked ETH’s total supply is 9,343,428 tokens. Lido Staked ETH’s official website is lido.fi. The Reddit community for Lido Staked ETH is https://reddit.com/r/lidofinance and the currency’s Github account can be viewed here. Lido Staked ETH’s official Twitter account is @lidofinance. The official message board for Lido Staked ETH is blog.lido.fi.

According to CryptoCompare, “Lido Staked ETH (stETH) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Lido Staked ETH has a current supply of 9,343,298.21998974. The last known price of Lido Staked ETH is 2,911.08252147 USD and is down -2.99 over the last 24 hours. It is currently trading on 95 active market(s) with $199,142,470.31 traded over the last 24 hours. More information can be found at https://lido.fi/.”

Buying and Selling Lido Staked ETH

It is usually not possible to buy alternative cryptocurrencies such as Lido Staked ETH directly using US dollars. Investors seeking to acquire Lido Staked ETH should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Lido Staked ETH using one of the exchanges listed above.

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