Dai: What’s the Latest Regarding its Price?
At the time of this writing, Dai has a price of $1.015 USD, which puts it up by approximately 0.2% 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 0.55% above its 20 day moving average, and is currently in an up trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Dai suggest price may bounce between $1.002352 and $1.016448 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
Where to trade Dai (symbol: DAI): Gate, Yobit, DDEX, Ethfinex
As for Dai’s market cap, it is currently at about $78M US dollars.
Daily Engagement Metrics Update
Yesterday saw 5,666 transfers amongst holders of Dai. Regarding a tally of holders, Yesterday saw Dai’s wallet count increase by 245. If we observe percentage growth in holders and transfers, we find that Dai ranks 10 out of the 30 Ethereum tokens we are tracking.
Just How Rich are Dai’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 94.95% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.5% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.14% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -1.29%. The underlying smart contract itself for Dai owns 0.04% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
The last activity date on Dai’s GitHub repository occurred on today, September 04, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Dai are growing by -0.07 and -0.33, respectively, over the past 30 days.
What’s Going on Social Media?
In terms of social media presence, Dai saw its Twitter followers and Reddit subscribers go up by 58 and 17 over the past 24 hours. Traders interested in following Dai has the biggest presence on Twitter, where it has 30,179 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
