Multi Collateral Dai Price Update
Multi Collateral Dai is up by approximately 0.1% from the previous day, with its price currently hovering around $1.001 USD. 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 0.03% above 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 Multi Collateral Dai suggest price may bounce between $0.998583 and $1.002787 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
The currency’s market cap currently stands at $52 million US dollars.
Daily Engagement Metrics Update
Yesterday saw 4,776 transfers amongst holders of Multi Collateral Dai. Regarding a tally of holders, Yesterday saw Multi Collateral Dai’s wallet count rise by 283. If we observe percentage growth in holders and transfers, we find that Multi Collateral Dai ranks 3 out of the 33 Ethereum tokens we are tracking.
Observing Multi Collateral Dai’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.25% of the coin’s total money supply.
How Active are the Software Developers?
In terms of how active the software development team working on Multi Collateral 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 December 13, 2019 (today). Over the past 30 days, we’ve seen open issues across Multi Collateral Dai’s GitHub repositories grow by -0.5 per day on average, while the number of watchers has grown by 1.23.
What’s Going on Social Media?
If you are interested in following Multi Collateral Dai on social media, Twitter, where it has 34,400 following it, may be a good place to start. Use this link to follow Multi Collateral Dai on Twitter.
Article by SixJupiter
