Cryptoknowmics
2022-12-30 08:15:07

BITDAO’s Bit Token Increases By 20% Before $100 Million Buyback

In less than 24 hours prior to the anticipated authorization of a $100 million repurchase plan, the value of BitDAO’s bit token has increased by over 20%. With 148 million affirmative votes and no negative votes, the legislation’s voting allocation has already exceeded the required threshold. The vote ought to pass unless anything unexpected occurs before the deadline at 11 p.m. EST on December 30. The DAO will start buying bits on January 1 and will do so for 50 days at a rate of $2 million in USDT each day. BitDAO’s Bit Token Augmentation One of the justifications given The post BITDAO’s Bit Token Increases By 20% Before $100 Million Buyback appeared first on Cryptoknowmics-Crypto News and Media Platform .

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