How Did Multi Collateral Dai’s Price Fare Yesterday?
Multi Collateral Dai is up by approximately 0.1% from the previous day, with its price currently hovering around $1.001 USD. The up day for Multi Collateral Dai yesterday was a reversal from the day before it, which puts its price at 0.15% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.998862 and $1.006148, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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 $41 million.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics transfers 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
7,387 transactions amongst holders of Multi Collateral Dai occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Multi Collateral Dai increase by 140. If we observe percentage growth in holders and transfers, we find that Multi Collateral Dai ranks 8 out of the 33 Ethereum tokens we are tracking.
Just How Rich are Multi Collateral Dai’s Richest Holders?
The top 1,000 Multi Collateral Dai wallets hold over 98.9% of the token’s total money supply.
How Much Development is Occurring?
The last activity date on Multi Collateral Dai’s GitHub repository was December 29, 2019, or about 1 days ago. 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 0.9, 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 52 and 15 over the past day for Multi Collateral Dai. Traders interested in following Multi Collateral Dai has the biggest presence on Twitter, where it has 35,436 users engaged. You can follow Multi Collateral Dai on Twitter here.
Article by SixJupiter
