How Did Dai’s Price Fare Yesterday?
Dai is down by approximately 0.1% from the previous day, with its price currently hovering around $0.999 USD. Dai enters the day 0.18% below its 20 day moving average, and is experiencing its the 2nd straight day down. 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 $0.996575 and $1.005125. 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
The currency’s market cap currently stands at $79 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Dai. Regarding a tally of holders, Yesterday saw Dai’s wallet count decline by 0. If we observe percentage growth in holders and transfers, we find that Dai ranks 5 out of the 36 Ethereum tokens we are tracking.
Just How Rich are Dai’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 96.78% of the coin’s total money supply. 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 8.39% of the currency’s money supply. Exchange ownership grew by 1.57% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 1.14% 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?
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 August 10, 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 Dai are growing by 1 and 2.67, respectively, over the past 30 days.
The Latest on Dai and Social Media
In the past day, Dai’s Twitter followers and Reddit subscribers went up by 55 and 5, respectively. If you are interested in following Dai on social media, Twitter, where it has 29,306 following it, may be a good place to start. 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.
Article by SixJupiter
