Dai: What’s the Latest Regarding its Price?
Dai is up by approximately 0.3% from the previous day, with its price currently hovering around $1.004 USD. Dai enters the day 0.35% above its 20 day moving average, and is experiencing its the 2nd straight day up. 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 $0.995673 and $1.005327. Price’s current proximity to the top of the range may make selling 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.
Daily Engagement Metrics Update
11,470 transactions amongst holders of Dai occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Dai has gone up by approximately 2574. To provide context, we’d rank this token as 5 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Dai’s Richest Wallets
The top 1,000 Dai wallets hold over 94.95% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.01% 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 -0.88% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -2.11%. 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?
Dai has been active recently on its GitHub repos, with its most recent code updates occurring today, August 09, 2019. Over the past 30 days, we’ve seen open issues across Dai’s GitHub repositories grow by 2.07 per day on average, while the number of watchers has grown by 2.7.
What’s Going on Social Media?
In the past day, Dai’s Twitter followers and Reddit subscribers went up by 53 and 11, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow Dai on Twitter.
Where to Buy
You can trade Dai, listed under the symbol DAI, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
