Multi Collateral Dai: What’s the Latest Regarding its Price?
Multi Collateral Dai is up by approximately 0.6% from the previous day, with its price currently hovering around $1.007 USD. Multi Collateral Dai enters the day 0.45% above its 20 day moving average, and is experiencing its the 2nd consecutive day up. 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 $0.998242 and $1.006758. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
As for Multi Collateral Dai’s market cap, it is currently at about $47M US dollars.
What Anamolies Occurred Since Yesterday?
Since yesterday, Multi Collateral Dai saw anomalous behavior in price and holders added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
11,807 transactions amongst holders of Multi Collateral Dai occurred yesterday. Regarding a tally of holders, Yesterday saw Multi Collateral Dai’s wallet count jump by 459. If we observe percentage growth in holders and transfers, we find that Multi Collateral Dai ranks 2 out of the 32 Ethereum tokens we are tracking.
How are the Strong Holders of Multi Collateral Dai Faring?
In terms of wealth concentration, the richest 1,000 wallets own 98.74% of the coin’s total money supply.
How Active are the Software Developers?
Multi Collateral Dai hasn’t had any activity on any of its GitHub repos since December 17, 2019 — 1 days prior. 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 0 per day, while the number of followers watching Multi Collateral Dai’s repositories is growing by 1.4.
The Latest on Multi Collateral Dai and Social Media
In the past day, Multi Collateral Dai’s Twitter followers and Reddit subscribers went up by 40 and 6, respectively. Traders interested in following Multi Collateral Dai has the biggest presence on Twitter, where it has 34,711 users engaged. Use this link to follow Multi Collateral Dai on Twitter.
Article by SixJupiter
