DAOstack (GEN) Price Hits $0.0292

DAOstack (GEN) traded up 125.7% against the U.S. dollar during the 24-hour period ending at 0:00 AM E.T. on May 16th. DAOstack has a total market capitalization of $1.43 million and $834.00 worth of DAOstack was traded on exchanges in the last day. Over the last seven days, DAOstack has traded up 90.9% against the U.S. dollar. One DAOstack coin can currently be bought for approximately $0.0292 or 0.00000096 BTC on major exchanges.

Here’s how other cryptocurrencies have performed over the last day:

  • Wrapped Bitcoin (WBTC) traded 0.1% higher against the dollar and now trades at $30,347.09 or 0.99935577 BTC.
  • Cosmos (ATOM) traded down 4.2% against the dollar and now trades at $11.47 or 0.00037764 BTC.
  • Techpay Coin (TPC) traded up 3.2% against the dollar and now trades at $0.30 or 0.00000977 BTC.
  • Function X (FX) traded down 0.9% against the dollar and now trades at $0.25 or 0.00000829 BTC.
  • Creditcoin (CTC) traded 5.5% lower against the dollar and now trades at $0.46 or 0.00001529 BTC.
  • Nestree (EGG) traded 3.4% higher against the dollar and now trades at $0.0236 or 0.00000078 BTC.
  • Venus (XVS) traded down 3.8% against the dollar and now trades at $4.73 or 0.00015587 BTC.
  • Phantasma (SOUL) traded down 0.9% against the dollar and now trades at $0.42 or 0.00001373 BTC.
  • mStable USD (MUSD) traded up 0.3% against the dollar and now trades at $1.00 or 0.00003301 BTC.
  • Redd (RDD) traded flat against the dollar and now trades at $0.0011 or 0.00000008 BTC.

About DAOstack

DAOstack (GEN) is a PoW/PoS coin that uses the Scrypt hashing algorithm. DAOstack’s total supply is 60,000,000 coins and its circulating supply is 49,029,095 coins. The official website for DAOstack is daostack.io. DAOstack’s official Twitter account is @daostack and its Facebook page is accessible here. The Reddit community for DAOstack is /r/daostack and the currency’s Github account can be viewed here.

According to CryptoCompare, “DAOstack is an operating system for Decentralized Autonomous Organizations (DAOs). DAOstack provides customizable tools for collective resource management, decision making, budgeting and incentivisation, which make the development of decentralized apps easier and more intuitive. GEN is an ERC20 token based on the Ethereum network. It's the native token of the DAOstack platform and it's required for all basic operations across the DAOstack ecosystem – such as promoting proposals. GEN will be distributed to contributors of value through the DAOstack framework itself, incentivizing development, promotion and adoption. “

Buying and Selling DAOstack

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

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