Dai: What’s the Latest Regarding its Price?
Dai is up by approximately 0.15% from the previous day, with its price currently hovering around $1.001 USD. Dai is currently in a unclear , and it should be noted that this is now the the 3rd day in a row that price has been up. Moreover, Dai is now 0.43% above its 20 day moving average. 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 $0.990391 and $1.002999. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
Where to trade Dai (symbol: DAI): Gate, Yobit, DDEX, Ethfinex
The currency’s market cap currently stands at $77 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 11,478 transfers have been added to the blockchain recording transactions amongst holders of Dai. Regarding a tally of holders, Yesterday saw Dai’s wallet count jump by 3010. If we observe percentage growth in holders and transfers, we find that Dai ranks 35 out of the 37 Ethereum tokens we are tracking.
How are the Strong Holders of Dai Faring?
In terms of wealth concentration, the richest 1,000 wallets own 95.51% 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 7.05% 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 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0%. 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 Active are the Software Developers?
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 02, 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 2.07 and 2.53, respectively, over the past 30 days.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 66 and 25 over the past day for Dai. Traders interested in following Dai has the biggest presence on Twitter, where it has 29,016 users engaged. Here is the Twitter page for Dai.
Where to Buy
You can trade Dai, listed under the symbol DAI, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
