Multi Collateral Dai: What’s the Latest Regarding its Price?
At the time of this writing, Multi Collateral Dai has a price of $1.031 USD, which puts it up by approximately 3.1% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 2.08% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 Multi Collateral Dai imply the currency may oscillate between $0.977812 and $1.042188, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
As for Multi Collateral Dai’s market cap, it is currently at about $45M US dollars.
Multi Collateral Dai’s Surprises of the Day
Since yesterday, Multi Collateral Dai saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
6,986 transactions amongst holders of Multi Collateral Dai occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Multi Collateral Dai rise by 772. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Multi Collateral Dai ranked 3 out of the 30 Ethereum tokens we’re tracking.
Just How Rich are Multi Collateral Dai’s Richest Holders?
The top 1,000 Multi Collateral Dai wallets hold over 97.95% of the token’s total money supply.
How Active are the Software Developers?
In terms of how active the software development team working on Multi Collateral 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 December 19, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Multi Collateral Dai are growing by 0 and 1.2, respectively, over the past 30 days.
Multi Collateral Dai’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 38 and 11 over the past day for Multi Collateral Dai. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Multi Collateral Dai on Twitter here.
Article by SixJupiter
