Dai (DAI) Trading 0% Lower Over Last 7 Days

Dai (DAI) traded 0% lower against the dollar during the twenty-four hour period ending at 0:00 AM E.T. on March 4th. In the last week, Dai has traded 0% lower against the dollar. One Dai token can currently be purchased for about $1.00 or 0.00001494 BTC on cryptocurrency exchanges. Dai has a total market cap of $5.35 billion and approximately $275.92 million worth of Dai was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded up 15.4% against the dollar and now trades at $0.45 or 0.00000666 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded up 28.6% against the dollar and now trades at $0.0090 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 0.1% against the dollar and now trades at $0.0107 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Dai

Dai was first traded on November 18th, 2019. Dai’s total supply is 5,347,888,596 tokens. Dai’s official message board is medium.com/@MakerDAO. Dai’s official website is makerdao.com. The Reddit community for Dai is /r/makerDAO and the currency’s Github account can be viewed here. Dai’s official Twitter account is @makerdao and its Facebook page is accessible here.

According to CryptoCompare, “Dai is a decentralized, stablecoin cryptocurrency built on the Ethereum blockchain. It is designed to maintain a stable value relative to the US Dollar, and is backed by a reserve of collateral-backed tokens and other assets. Dai is an ERC-20 token, making it fully compatible with other Ethereum-based networks and wallets. It is designed to be used as a medium of exchange, store of value, and for facilitating online payments, money transfers, and other financial services. Dai was created by MakerDAO, a decentralized autonomous organization founded in 2014 by Danish entrepreneur Rune Christensen, and was officially launched on the main Ethereum network on December 18, 2017.”

Buying and Selling Dai

It is usually not presently possible to buy alternative cryptocurrencies such as Dai directly using U.S. dollars. Investors seeking to trade Dai should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dai using one of the aforementioned exchanges.

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