What is Bidao?
Bidao is an upcoming cryptocurrency based on a trustless stable coin and fianced focused backed by a decentralized application running under Binance chain and right now BiDao is currently running initial Coin Offering i.e. ICO and registered user who participant in ICO will get the advantage of becoming BID power stacker and get staking power in which they have mentioned there will be annual staking reward up to 3% with the condition of people who invest earlier will get more staking power and along with they have Defi means decentralized finance in which they mentioned over 450+ million USD in locked in Defi Applications and breaking down this over 4+ Billion USD worth are circulating as stable-coin and market cap value will be more than 8 billion USD.
The founder of Bidao is Bastian Aigner who is the 3-time winner of Apple WWDC Student Scholarship and Brian condenanza working as CTO who was in the list of 2018 top 100 young Entrepreneurs in the world, so with a strong team who strongly believe Binance chain is future of world also claim that it has higher transaction rate per second with huge userbase along with other Binance coins can be integrated, as Binance officially approved this project on their social media account.
Bidao Pirce Prediction
As per the official website, bidaochain.com staking power is 30% which means annual will be 30% on your investment but if you buy token after ICO then it will be dropped to onl 3%, so basically this stragerty working to getting user who investing into ICO and this BID ICO status will go out of stock because approximately around 15% supply is left and now talking about price prediction, when you press to get the token button you will get currency in which you want the exchange to BID token in which you have options i.e. Bitcoin, Etheruem, Litecoin, Bitcoin Cash, Monero and at last USD exhange so for the standard exchange value of 1 BID in USD is $0.01 USD and minimum BID token user has to purchased is 15000 BID which costing 150$ and now as per the coincheckup ico report they have given a rating of 66% in average in which they also mentioned ending date of ICO i.e. 30 November 2020, so the following BID will get indexed on coinmarketcap.com in November 2020 with a price of $0.01 USD then it starts fluctuating so considering this we will set below the prediction.
|Month & Year||Average Price Prediction in USD|
|March 2020||$0.01 USD|
|April 2020||$0.01 USD|
|May 2020||$0.01 USD|
|June 2020||$0.01 USD|
|July 2020||$0.01 USD|
|August 2020||$0.01 USD|
|September 2020||$0.01 USD|
|October 2020||$0.01 USD|
|November 2020||$0.01 USD|
|December 2020||$0.02 USD|
Note: till ICO end price be the same and then it shows start hiking.
Read Also: Maker Price Prediction
Bidao Price Prediction 2020
In 2020 till November month BID schedule ICO which means the price will remain same or they may increase its price as per popularity, as their ICO filling faster than expected due rewards and gifts offering and trust of Binance really helping them, as they also promised that working similarly as MakerDao who is doing exceptional in price graph with huge fluctuation, as they also claimed we still improved in some feature on MakerDao to complete their promise of being one of the stable-coin in the market, as concept-wise this cryptocurrency will be getting really huge number of an investor in future.
BID Price Prediction 2021
BID is the ticker symbol of Bidao which really looks good and suitable for cryptocurrency, as the 2021 year will be really important for Bidao as somehow they manage to get pricing above $0.02 to $0.03 USD then they can able create magic in which starting year by crossing $0.04 USD and maintaining ICO hyped even this cryptocurrency will reach to its first milestone $0.1 USD.
|ICO Started on||6th September 2019|
|Information||Finance Based Cryptocurrency|
|ICO Price||$0.01 USD|