Dai: What’s the Latest Regarding its Price?
Dai’s current price, at the time of this writing, is $1.006 USD, down by approximately 0.1% from the day prior. Dai is currently in a unclear , and it should be noted that this is now the the 2nd straight day that price has been down. Moreover, Dai is now 0.53% below its 20 day moving average. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Dai imply the currency may oscillate between $1.006903 and $1.015897, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
Where to trade Dai (symbol: DAI): Gate, Yobit, DDEX, Ethfinex
The currency’s market cap currently stands at $85 million US dollars.
Update on Transactions and Holders
Yesterday we did not see any transfers amongst holders of Dai. Regarding a tally of holders, Yesterday saw Dai’s wallet count drop by 0. To provide context, we’d rank this token as 2 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Dai Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 100.92%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.4% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 5.99% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.17%. The underlying smart contract itself for Dai owns 0.04% of the total money supply; over the past week, this amount has not changed.
How Much Development is Occurring?
In terms of how active the software development team working on Dai is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on September 17, 2019 (today). To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about -0.2 per day, while the number of followers watching Dai’s repositories is growing by -0.7.
What’s Going on Social Media?
If you are interested in following Dai on social media, Twitter, where it has 30,738 following it, may be a good place to start. Use this link to follow Dai on Twitter.
Where to Buy
You can trade Dai, listed under the symbol DAI, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
