How Did Dai’s Price Fare Yesterday?
Dai’s current price, at the time of this writing, is $1.012 USD, up by approximately 0.1% from the day prior. This marked the the 2nd day in a row Dai has been up; it is still in a unclear trend, and is currently 33.92% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $0.751589 and $0.759811. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
Where to trade Dai (symbol: DAI): Gate, Yobit, DDEX, Ethfinex
As for Dai’s market cap, it is currently at about $80M US dollars.
Straight Off the Chain
Over the past 24 hours, 5,662 transfers have been added to the blockchain recording transactions amongst holders of Dai. In terms of estimating the number of holders, over the past day the total number of wallets holding Dai has gone up by approximately 164. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Dai ranked 2 out of the 32 Ethereum tokens we’re tracking.
How are the Strong Holders of Dai Faring?
The top 1,000 Dai wallets hold over 95.09% of the token’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 5.79% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.07%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -1.63%. 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 Active are the Software Developers?
The last activity date on Dai’s GitHub repository was August 27, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Dai’s GitHub repositories grow by 0.27 per day on average, while the number of watchers has grown by -0.2.
The Latest on Dai and Social Media
In the past day, Dai’s Twitter followers and Reddit subscribers went up by 73 and 6, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
