Dai (DAI) Price Up 0.5% Over Last Week

Dai (CURRENCY:DAI) traded 0.3% higher against the dollar during the one day period ending at 17:00 PM ET on November 25th. During the last week, Dai has traded up 0.5% against the dollar. One Dai coin can currently be bought for about $1.00 or 0.00001706 BTC on major cryptocurrency exchanges. Dai has a market cap of $6.50 billion and $645.05 million worth of Dai was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Crypto.com Coin (CRO) traded down 12.4% against the dollar and now trades at $0.80 or 0.00001357 BTC.
  • Polygon (MATIC) traded up 0.1% against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00001699 BTC.
  • Polygon (MATIC) traded 9.2% higher against the dollar and now trades at $1.85 or 0.00003140 BTC.
  • Chainlink (LINK) traded 2.7% higher against the dollar and now trades at $26.33 or 0.00044735 BTC.
  • Decentraland (MANA) traded up 2.4% against the dollar and now trades at $5.24 or 0.00008895 BTC.
  • Axie Infinity (AXS) traded down 0.7% against the dollar and now trades at $139.27 or 0.00236627 BTC.
  • Parkgene (GENE) traded 2,618,096.3% higher against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • THETA (THETA) traded up 12.5% against the dollar and now trades at $7.49 or 0.00012721 BTC.
  • FTX Token (FTT) traded up 4.4% against the dollar and now trades at $52.37 or 0.00088972 BTC.

About Dai

Dai (CRYPTO:DAI) is a coin. Its launch date was November 18th, 2019. Dai’s total supply is 6,474,952,202 coins and its circulating supply is 6,474,951,714 coins. Dai’s official Twitter account is @MakerDAO and its Facebook page is accessible here. The official website for Dai is www.makerdao.com. The official message board for Dai is medium.com/@MakerDAO. The Reddit community for Dai is /r/makerDAO and the currency’s Github account can be viewed here.

According to CryptoCompare, “Multi Collateral Dai (DAI) is a multi collateral-backed cryptocurrency. It was created by the Maker, a smart contract platform on the Ethereum blockchain, to enable anyone to leverage their Ethereum assets and generate MCD tokens on the Maker Platform. Once generated, MCD can be used in the same manner as any other cryptocurrency. “

Buying and Selling Dai

It is usually not currently possible to purchase alternative cryptocurrencies such as Dai directly using US dollars. Investors seeking to acquire Dai should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dai using one of the exchanges listed above.

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