Table of Contents:
- Coin prognosis
- What is Compound Dai coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy CDAI
Possible bearishness on Compound Dai Downside
Over the past few weeks, Compound Dai's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying CDAI at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.
| CDAI Price | $0.0322 USD |
| Price Change24h | $-0.0019 USD (-5.70%) |
| 24h Low / 24h High | $0.0318 / $0.0355 USD |
| Trading Volume24h | $0 USD |
| MarketCap | $0 USD |
What is Compound Dai? Fundamental Analysis
Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.cDAI is the Compound's wrapped version of Multicollateral DAI and it's available on the Compound platform.
 |
Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Dec 7, 2021 | $0.0355 | Neutral |
| January, 2022 | $ 0.0350 USD | Downside |
| February, 2022 | $ 0.0350 USD | Downside |
| March, 2022 | $ 0.0350 USD | Downside |
| June, 2022 | $ 0.0350 USD | Downside |
| December, 2022 | $ 0.0350 USD | Downside |
CDAI Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Compound Dai rise today? | Our data indicates Compound Dai will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Compound Dai (CDAI) in future? | Our analysis shows Compound Dai is already past it's immediate all time high, indicating a bearish signal! |
| Will Compound Dai (CDAI) price increase in future? | No. Our algorithms indicate that Compound Dai (CDAI) will experience a significant decline in future. As low as $0.0350/CDAI |
| Will an Investment in Compound Dai (CDAI) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of Compound Dai (CDAI) in future? | $0.0350 USD |
| Will the price of Compound Dai (CDAI) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 Compound Dai? | Our analysis shows an end of year prognosis of 1CDAI = $0.0350 USD. |
| Where do I buy Compound Dai? | We have curated some great options. Buy CDAI coin here → |
Historical Price Data (USD)
Pay close attention to daily volume fluctuations. Poor volume like CDAI has is a good indication of bearishness in the short term.
| Date | Price | Volume |
|---|---|---|
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
| March 16, 2019 | $0 | $0 |
Where and How to Buy Compound Dai (CDAI) Coin
There are 3 steps to purchasing Compound Dai. They are:
- Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal.
- Move the Bitcoin to an Exchange that supports CDAI: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the CDAI/BTC trading pairs.
- Buy Compound Dai on the Exchange: Now, you can buy Compound Dai with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different CDAI pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.