December 2, 2019: SAI (DAI): Down 0.1%; 2nd Straight Down Day


SAI: What’s the Latest Regarding its Price?

SAI is down by approximately 0.1% from the previous day, with its price currently hovering around $1.001 USD. This marked the the 2nd day in a row SAI has been down; it is still in a downtrend, and is currently 0.48% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. SAI’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 $0.987443 and $1.024257. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

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The market capitalization of SAI, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $83 million.

Update on Transactions and Holders

Over the past 24 hours, 6,001 transfers have been added to the blockchain recording transactions amongst holders of SAI. In terms of estimating the number of holders, over the past day the total number of wallets holding SAI has gone up by approximately 796. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has SAI ranked 34 out of the 34 Ethereum tokens we’re tracking.

Just How Rich are SAI’s Richest Holders?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 97.66%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 3.46% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 2.38%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.56%. SAI’s smart contract owns approximately 0.04% of its own total money supply. This amount hasn’t changed over the past week.

Technical Development Status

SAI hasn’t had any activity on any of its GitHub repos since December 01, 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 0.53 per day, while the number of followers watching SAI’s repositories is growing by 1.1.

SAI’s Social Media Presence

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 45 and 10 over the past day for SAI. If you are interested in following SAI on social media, Twitter, where it has 33,996 following it, may be a good place to start. You can follow SAI on Twitter here.

Where to Buy

You can trade Dai, listed under the symbol DAI, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.

Article by SixJupiter

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