Dai: What’s the Latest Regarding its Price?
Dai’s current price, at the time of this writing, is $1.003 USD, up by approximately 0.1% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.1% below its 20 day moving average, and is currently in a down trend over the past 14 days. 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 $1.001637 and $1.006463. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The currency’s market cap currently stands at $86 million US dollars.
Daily Engagement Metrics Update
15,034 transactions amongst holders of Dai occurred yesterday. Regarding a tally of holders, Yesterday saw Dai’s wallet count jump by 3137. To provide context, we’d rank this token as 1.5 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Dai’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 94.96%. 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 4.47% of the currency’s money supply. Exchange ownership grew by -0.57% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. Dai’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
The last activity date on Dai’s GitHub repository was October 10, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Dai’s GitHub repositories grow by -0.03 per day on average, while the number of watchers has grown by 0.2.
Dai’s Social Media Presence
In the past day, Dai’s Twitter followers and Reddit subscribers went up by 58 and 11, respectively. Traders interested in following Dai has the biggest presence on Twitter, where it has 31,671 users engaged. You can follow Dai 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
