Multi Collateral Dai Price Update
At the time of this writing, Multi Collateral Dai has a price of $1.001 USD, which puts it up by approximately 0.3% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.2% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Multi Collateral Dai imply the currency may oscillate between $0.99939 and $1.00661, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
The market capitalization of Multi Collateral Dai, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $50 million.
What Anamolies Occurred Since Yesterday?
Since yesterday, Multi Collateral Dai saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
8,197 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 341. To provide context, we’d rank this token as 3 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Multi Collateral Dai’s Richest Holders?
The top 1,000 Multi Collateral Dai wallets hold over 98.75% of the token’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 17, 2019 (today). Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Multi Collateral Dai are growing by -0.03 and 1.37, respectively, over the past 30 days.
The Latest on Multi Collateral Dai and Social Media
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 56 and 5 over the past day for Multi Collateral Dai. If you are interested in following Multi Collateral Dai on social media, Twitter, where it has 34,671 following it, may be a good place to start. Here is the Twitter page for Multi Collateral Dai.
Article by SixJupiter
