Multi Collateral Dai Price Update
At the time of this writing, Multi Collateral Dai has a price of $1.002 USD, which puts it up by approximately 0.2% 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 0.02% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Multi Collateral 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 $0.999733 and $1.003937. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
The currency’s market cap currently stands at $56 million US dollars.
Unusual Developments
Yesterday, the metrics holders added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Daily Engagement Metrics Update
4,579 transactions amongst holders of Multi Collateral Dai occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Multi Collateral Dai has gone up by approximately 328. If we observe percentage growth in holders and transfers, we find that Multi Collateral Dai ranks 1 out of the 34 Ethereum tokens we are tracking.
Observing Multi Collateral Dai’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.68%.
How Much Development is Occurring?
Multi Collateral Dai has been active recently on its GitHub repos, with its most recent code updates occurring today, December 10, 2019. Over the past 30 days, we’ve seen open issues across Multi Collateral Dai’s GitHub repositories grow by -0.23 per day on average, while the number of watchers has grown by 1.2.
Multi Collateral Dai’s Social Media Presence
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Multi Collateral Dai.
Article by SixJupiter
