What determines the price movement of Dai (DAI)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Dai. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Dai, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Dai. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Dai on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Dai. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Dai and the broader cryptocurrency market.

What is the highest price of Dai price in history?

Dai achieved the all-time high of 1.22 in 2020-03-13, and is currently trading at 1.00007.

What is the lowest price of Dai price in history?

Dai reached its all-time low of 0.88196 on 2023-03-11.

What is the current market cap of Dai?

The current market cap of Dai is 4565796875.261862, as 4565477291.851432 DAI is trading at the price of 1.00007.

How many Dai are there in the market?

There are currently 4565477291.851432 DAI circulating in the market. These Dai can be actively traded or used in the open market.

What is the maximum supply of Dai?

The maximum supply of DAI is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Dai?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Dai is 4565796875.26186160024. The FDV is calculated taking the assumption that all supply of Dai is circulation, multiplied by its current price of 1.00007.

What is the price prediction of Dai ?

Using an algorithm to automatically identify historical data trends, this Dai price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Dai a good investment?

Dai offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Dai and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Dai.

You can buy Dai via Gate by following the steps on how to buy DAI once you have funded your account.

Dai Price

DAI

Rank 33

Dai (DAI) Price Live Chart

Dai (DAI) Price Today

Dai (DAI) price today is $1, with a 24-hour trading volume of $801.56K and as such Dai (DAI) has a market cap of $4.56B, giving it a market dominance of 0.11%. The Dai (DAI) price moved +0.09% in the last 24 hours.

DAI Price Data

24h Turnover$801.56K
All-Time High(ATH)$1.22
24h High$1
All-Time Low(ATL)$0.8819
24h Low$0.9981

DAI Market Cap Infos

Market Cap$4.56B
Fully Diluted Valuation$4.56B
Market Cap/FDV100%
Market SentimentPositive

DAI Supply

Circulating Supply4.56B DAI
Total Supply4.56B DAI
Max Supply∞

*Data is for reference only

Dai (DAI) Price Prediction

Dai(DAI) is predicted to average $1 in 2025, with a potential swing between the lowest price $1 and the highest price $1. By 2030, Dai(DAI) price could reach to $1, offering a potential -- return from today’s Dai price.

Year	Minimum Price	Highest Price	Average Price	Change
2025	$1	$1	$1	--
2026	$1	$1	$1	--
2027	$1	$1	$1	--
2028	$1	$1	$1	--
2029	$1	$1	$1	--
2030	$1	$1	$1	--

Dai(DAI) Price History

Dai(DAI) price has moved +0.09% in the last 24 hours, and +0.18% in the past 7 days. The price of Dai(DAI) is +0.05% in the past 30 days, and +0.05% over the last year.