Dai Price Prediction

Today's Forecasts

Dai(DAI) opened trading today at ^$1.02. It achieved a Market high of ^$1.02 and a subsequent Market low of ^$1.01, Representing a change of ^$-0.0080 and price percentage change of -0.78% . Its current Price is ^$1.02 representing a market share of 0.04% only.

A total volumn of ^$2,811,681 worth of Dai traded hands today, achieving a Maximum Market Cap of ^$183,856,368 for the day.

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The Bull Case 🐃 for Dai
Many people are looking to invest in digital assets (including Dai) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Dai as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.

With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Dai has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.

Dai is currently trading around ^$1.02.

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Price Predictions for Today, This Week and This Month 🚀

Critical Fundamental Analysis of Dai

The Dai (DAI) is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar. The DAI was created by the Maker, a smart contract platform on the Ethereum blockchain, to enable anyone to leverage their Ethereum assets and generate DAI tokens on the Maker Platform. Once generated, Dai can be used in the same manner as any other cryptocurrency.

DAI Trading Stats for Today - 2020-08-03 06:06:41 +01:00 BST

Market share	0.04%
24h Open	$1.02
24h Low	$1.01
24h High	$1.02
Current Supply	181,139,280 DAI
Total Supply	19,950,480 DAI
Market cap	$183,856,368
24h Volume (coin)	2,763,904 DAI
24h Volume (currency)	$2,811,681
Last updated	2020-08-03 06:06:41 +01:00 BST

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Common DAI Price Prediction Questions

What is Dai’s potential future value?

DAI's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Dai is and what it does. This is because Dai's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can DAI make you one?

What is going on with Dai's price?

In order not to be too rattled, read our Fundamental analysis above on Dai to know if it’s a good hodl.

How high will Dai go?

No one really knows for sure. We however predict DAI might be 4x by end of 2020. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!

Why is Dai(DAI) rising today?

On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Dai to see its expected value. You can also visit Dai's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Dai website page will quickly provide you with that value.

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Why is Dai's price going down?

It’s difficult to tell right now as the daily DAI candle hasn’t closed. However a quick way to know the reason for any sudden disruption in Dai's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Dai, Simple click the Social Button on this page, located immediately below the Price Charts.

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DAI Live Prices Data

ID	Market	Type	Price	Quantity	Total

Dai Daily Price History

Date	Price	Volume