Dai: What’s the Latest Regarding its Price?
At the time of this writing, Dai has a price of $0.9994 USD, which puts it down by approximately 0.26% 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 a unclear trend, and is currently 0.01% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Dai suggest price may bounce between $0.995541 and $1.003419 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
Where to trade Dai (symbol: DAI): Gate, Yobit, DDEX, Ethfinex
As for Dai’s market cap, it is currently at about $77M US dollars.
Update on Transactions and Holders
Yesterday saw 14,505 transfers 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 3688. If we observe percentage growth in holders and transfers, we find that Dai ranks 7 out of the 36 Ethereum tokens we are tracking.
Just How Rich are Dai’s Richest Holders?
The top 1,000 Dai wallets hold over 95.06% 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 -0.37%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -1.43%. The underlying smart contract itself for Dai owns 0.04% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
The last activity date on Dai’s GitHub repository occurred on today, August 08, 2019. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 1.97 per day, while the number of followers watching Dai’s repositories is growing by 2.7.
What’s Going on Social Media?
In the past day, Dai’s Twitter followers and Reddit subscribers went up by 65 and 13, respectively. If you are interested in following Dai on social media, Twitter, where it has 29,198 following it, may be a good place to start. 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
