August 10, 2019: Dai (DAI): Down 0.2%; Price Crosses 20 Day Average

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January 6, 2020: Multi Collateral Dai (dai): Down 3.57%; Surprising Moves In Price, Holders Added And Transfers Added; Price Crosses 20 Day Average
January 6, 2020: Multi Collateral Dai (dai): Down 3.57%; Surprising Moves In Price, Holders Added And Transfers Added; Price Crosses 20 Day Average

How Did Dai’s Price Fare Yesterday?

At the time of this writing, Dai has a price of $1 USD, which puts it down by approximately 0.2% from yesterday. The down day for Dai yesterday was a reversal from the day before it, which puts its price at 0.04% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. Dai’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.996589 and $1.004211. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

Where to trade Dai (symbol: DAI): Gate, Yobit, DDEX, Ethfinex

October 30, 2019: Dai (dai): Up 0.1%; Price Crosses 20 Day Average

The currency’s market cap currently stands at $77 million US dollars.

Daily Engagement Metrics Update

13,296 transactions amongst holders of Dai occurred yesterday. Regarding a tally of holders, Yesterday saw Dai’s wallet count increase by 1834. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Dai ranked 5 out of the 36 Ethereum tokens we’re tracking.

Just How Rich are Dai’s Richest Holders?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 95.1%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 5.5% of the currency’s money supply. Exchange ownership grew by -1.56% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.41% over that time period. As for the Dai’s smart contract itself, that owns 0.04% of the total money supply, an amount unchanged from the week prior.

How Much Development is Occurring?

Dai has been active recently on its GitHub repos, with its most recent code updates occurring today, August 10, 2019. Over the past 30 days, we’ve seen open issues across Dai’s GitHub repositories grow by 1.07 per day on average, while the number of watchers has grown by 2.67.

The Latest on Dai and Social Media

In terms of social media presence, Dai saw its Twitter followers and Reddit subscribers go up by 55 and 5 over the past 24 hours. Traders interested in following Dai has the biggest presence on Twitter, where it has 29,306 users engaged. You can follow Dai on Twitter here.

Where to Buy

You can trade Dai, listed under the symbol DAI, through the following exchanges: Gate, Yobit, DDEX, Ethfinex. October 30, 2019: Dai (dai): Up 0.1%; Price Crosses 20 Day Average

Article by SixJupiter