Latest Dai news

  • Three Arrows-Exposed Voyager Digital Slashes Daily Withdrawal Limit by More Than 50%

    The trading platform has reduced withdrawals limits to $10k from $25k following news of its involvement with the embattled Three Arrows Capital.

  • Crypto broker Voyager lowers daily withdrawal limits from $25K to $10K

    The firm cut its withdrawal limits and received a $500 million bail-out package from Alameda Research to shore up its finances after revealing the extent of its exposure to 3AC. The post Crypto broker Voyager lowers daily withdrawal limits from $25K to $10K appeared first on The Block.

  • Dogecoin Daily: Price Goes Green, 'Millionaire' Showcases Purchasing Power And More

    Dogecoin (CRYPTO: DOGE) traded 2.8% higher at $0.065 over 24 hours leading up to Thursday morning.  DOGE moved higher with other major coins as the global cryptocurrency market cap rose 2.5% to $910.7 billion at press time. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour 2.8% 24-hour against Bitcoin 0.9% 24-hour against Ethereum 3.4% 7-day 9.6 30-day -22.9% YTD performance -62.7% See Also: Best Crypto Debit Cards The DOGE Factors DOGE was not among the most mentioned coins on Twitter at press time, according to Cointrendz data. The meme coin was seen trending on CoinMarketCap at press time The 24-hour trading volume for DOGE declined 47% to $568.02 million, according to CoinMarketCap Coinglass data showed that $1.7 million worth of DOGE were liquidated over 24 hours as the price of the meme coin rose The relative strength index for DOGE was at 43.93 according to Trading View. An RSI of below 30 indicates oversold conditions while over 70 indicates overbought conditions  Selling Showing Exhaustion Despite macroeconomic headwinds, there are indications that selling is showing signs of “exhuastion” when it comes to Bitcoin, according to Edward Moya, a senior market analyst with OANDA. The apex coin is still shadowing stocks, but the $500 million outflows seen in the Purpose Bitcoin ETF could be the sign of capitulation that Bitcoin needs to form a short-term base, according to Moya. DOGE On The Web Dogecoin millionaire Glauber Contessoto showcased the power of DOGE at the NFT.NYC event in a recent tweet by purchasing a Doge Vodka Bloody Mary with his Dogecard and getting Dogecoin back as an incentive for the purchase. Buying a #Doge Vodka Bloody Mary with my #Dogecard and getting #Dogecoin back on this purchase. It’s like a #Dogecoin Inception! shoutout to @SpiritPunks_ !!! I’ll be a their event tonight at https://t.co/SdJ9JKLfiw come hang out with us tonight!  pic.twitter.com/HVmfRZH4kf — SlumDOGE Millionaire (@ProTheDoge) June 22, 2022 Read Next: 'Black Swan' Author Likens Bitcoin Backers To 'Covidopaths' And 'Trumpobarbarians' © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Dogecoin Daily: Price Slumps As Crypto Goes All Red Again, Is It All Up From Here?

    Dogecoin (CRYPTO: DOGE) traded 5.75% lower at $0.06 over 24 hours leading up to Wednesday morning.  DOGE moved lower alongside other major cryptocurrencies traded as the global cryptocurrency market cap declined 2.8% to $915 billion. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour -5.75% 24-hour against Bitcoin -2.35% 24-hour against Ethereum -0.3% 7-day 18.7% 30-day -25% YTD performance -62.69% See Also: How To Get Free NFTs The DOGE Factors DOGE was among the most mentioned coins on Twitter over the last 24 hours, according to Cointrendz. The three most mentioned coins were Bitcoin, Ethereum, and Cardano. The 24-hour DOGE trading volume dipped 6.8% to $810 million, according to CoinMarketCap data. DOGE was also seen trending on the price-tracking website at press time. Coinglass data indicated that $2.6 million worth of DOGE was liquidated over 24 hours. Crypto Not Going Away Despite a lackluster 2022 and investors “walking a lonely road” with an uncertain future, “crypto is not going away and investors are starting to believe further downside might be limited,” wrote Edward Moya, a senior market analyst with OANDA. A short squeeze could lead to an upside in the apex coin, said GlobalBlock analyst Marcus Sotiriou. Dogecoin co-creator Billy Markus put DOGE’s 18,000% ascent in 2021 as a part of the events that unfolded over the course of that year. However, he doesn’t believe “crypto is dead.” DOGE’s Bottom Here? Benzinga’s Melanie Schaffer noted that DOGE’s most recent high in its uptrend was on Sunday at the $0.0629 level and the most recent low was at $0.057 on Monday. “Dogecoin soared up above the most recent high, which confirmed the uptrend is intact,” wrote Schaffer. On Saturday, DOGE fell below the psychologically important $0.05 mark, which added confidence for bulls that the bottom may be in. Party On Until Next Fed Meeting Markus commented on the uptick seen in risk assets such as stocks on Tuesday and wondered if it's going to move up until the next U.S. Federal Reserve meeting. so is the stock market just gonna creep back up until the next fed meeting and inflation numbers show that it shouldn’t, then everyone overreacts, then we repeat again with less money? markets are dumb — Shibetoshi Nakamoto (@BillyM2k) June 21, 2022 DOGE On The Web Dogecoin Foundation graphics designer Dogememegirl said the “Doge Accepted” Sign is now available in 10 languages. The artist shared a download link in a tweet on Tuesday.  Doge Adoption ‘Doge accepted sign’ is available now in 10 languages, thanks to the community for helping with the translations. More languages are on the way. #Doge #Dogecoin Download here  https://t.co/EQdAYnXbSl pic.twitter.com/zb4E9RF8o9 — Dogememegirl  (@Dogememegirl) June 21, 2022 Read Next: Dogecoin Merch, 'Shiba Inu Sweatpants,' Toilet Paper Mic Stand: Vitalik Buterin Gives Sneak Peek Into His Minimalist Travel Style © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Celsius Repays $10M Worth DAI Stablecoin To Compound Raising Hopes
  • Uniswap Tops Ethereum in Terms of Daily Fees

    With $4.3M in fees generated in the past 24 hours, Uniswap has surpassed its home network, Ethereum, as of June 20.

  • MakerDAO Token Holders Vote to Add Rocket Pool’s rETH as Collateral to Back DAI  The next and final step is a so-called “executive vote.”

    MakerDAO, the largest DeFi lender by total value locked, could soon allow another Ether derivative as collateral on its network. 

  • Dogecoin Daily: Recession Fears Continue To Take Toll, Elon Musk Lawsuit And More

    Dogecoin (CRYPTO: DOGE) traded 4.7% lower at $0.6 over 24 hours leading up to Friday morning. DOGE fell in tandem with other major coins as the global cryptocurrency market cap declined 4.8% to $898 billion. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour -4.7% 24-hour against Bitcoin 1.1% 24-hour against Ethereum -4.5% 7-day -28.7 30-day -36.6% YTD performance -67.2% See Also: Best Crypto Debit Cards The DOGE Factors  DOGE was among the most mentioned cryptocurrencies on Twitter, according to Cointrendz data. Bitcoin, Ethereum, and Cardano were the three most mentioned coins at press time The 24-hour DOGE trading volume fell 30.6% to $679.89 million, according to CoinMarketCap. Coinglass data indicated that $1.4 million worth of DOGE were liquidated over 24 hours as the price of the meme cryptocurrency fell. DOGE’s relative strength index was at 30.836 at press time. An RSI of below 30 indicates oversold conditions. Recession Fears Grip Crypto “Surging recession fears are crippling appetite for risky assets and that has crypto traders remaining cautious about buying Bitcoin at these lows,” said Edward Moya, a senior market analyst at OANDA on Wednesday. Weak U.S. economic data and rate hikes by major central banks on Thursday added to the negative news cycle. Lawsuit Against DOGE-Bull Musk Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk is being sued for $258 billion over claims that he was involved in a pyramid scheme that inflated the meme coin's price and left investors with losses amounting to billions of dollars. Learnings From Crypto Winter Dogecoin co-creator Billy Markus tweeted Thursday that if there is a new bull run after crypto winter could we all “collectively learn from the failings of celsius, luna, and 3ac.”  assuming we have a new bull run after this crypto winter, could we all collectively learn from the failings of celsius, luna, and 3ac, and y’know, actually listen to people when they call out systemic risks instead of bullying people into silence because it helps short term bags — Shibetoshi Nakamoto (@BillyM2k) June 16, 2022 DOGE On The Web Dogecoin millionaire Glauber Contessoto said dollar-cost averaging the “safest way to buy into crypto” in a tweet on Thursday.  Honestly the safest way to buy in to crypto is to DCA every month - my BFF @andreijikh told me this lol. I might start doing things the safe way this time around lol — SlumDOGE Millionaire (@ProTheDoge) June 16, 2022 Dollar-cost averaging is a strategy in which investors buy a fixed dollar amount on a regular basis instead of making a lump-sum investment. It is propounded as a means of risk minimization.  Read Next: Elon Musk Wants To Be 'Let In' Somewhere This Halloween, Disguised As A 'Sink' © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • MakerDAO Votes to Disable Aave DAI Supply, Reducing Celsius Exposure

    In an effort to reduce exposure to Celsius, MakerDAO has disabled DAI loans using stETH as collateral through the Direct Deposit Module.

  • RT Pleun_V: Day 320 #mydailyaxie This might be the one of the best, if not THE best tool @AxieInfinity has created besides the game itself. Given the fact that the @AxieInfinity community is full of talented creators in many different ways, this is given a warm welcome by all of us! 🤝 [twitter.com]

    RT Pleun_V: Day 320 #mydailyaxie This might be the one of the best, if not THE best tool @AxieInfinity has created besides the game itself. Given the fact that the @AxieInfinity community is full of talented creators in many different ways, this is given a warm welcome by all of us! 🤝 https://twitter.com/axieinfinity/status/1537444304460713985

About Dai

This article discusses the current DAI price and the DAI price predictions provided by reliable sources. Can DAI reach a new all-time high in the future? What does the DAI coin technical analysis indicate? Why is it important? What will the DAI price look like in 2021-2025? Is the DAI coin a good investment right now? Let’s dive in and decide for ourselves.

Latest Dai News

Dai Real-Time Status

DAI current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget

Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.

Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.

Catch up with the latest crypto data by using the widget below.

Dai Technical Analysis

Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.

Dai Price

You can check the DAI price through CoinJoy's crypto portfolio tracker. Choose DAI from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.

The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.

How To Buy Dai

You can choose one or a few ways to purchase DAI. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support DAI tokens and allow you to store them. Locate the DAI address starting from 0x. Sign up with DAI and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.

Purchase as many DAI coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.

There are various other exchange services that may support DAI. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.

Dai Price Prediction 2022

We have gathered the latest Dai price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.

Trading Beasts has set the following targets for Dai in 2022: an average of $1.277, a maximum of $1.597, and a minimum of $1.086. Based on the provided data, purchasing Dai might be a good long-term investment.

PricePrediction.net has come out with a positive price prediction for Dai: an average of $1.36, and a minimum of $1.128 is what holders could be anticipating in 2022.

Wallet Investor is prominent that Dai prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $1.011, with a potential maximum of $0.991, and a minimum of $1.001.

Dai Price Prediction 2023

Similarly, Trading Beasts indicates an average of $1.275, a maximum of $1.594, and a minimum of $1.084 for Dai.

Based on the information provided by key indicators, PricePrediction.net believes that Dai prices could grow next year. The website forecasts the following prices for Dai: an average of $0.979, a maximum of $1.145, and a minimum of $0.812.

According to Wallet Investor, Dai prices are estimated to show negative downtrend signs in 2023, reaching an average of $1.036, with an expected maximum of $0.967, and a minimum of $1.001.

Dai Price Prediction 2024

Trading Beasts expects a continuous positive trend for Dai throughout 2024. The prices are likely to range between a maximum of $1.589 and a minimum of $1.08, with the average price reaching $1.271.

As for 2024, Wallet Investor is bearish on Dai. Investors should watch out for a potential average of $1.071. The website also indicates a maximum of $0.927 and a minimum of $1 in two years.

PricePrediction.net has set an average of $0.666, a maximum of $0.752 and a minimum of $0.579 for Dai in two years, therefore predicting value decline for the token.

Dai Price Prediction 2025

Trading Beasts is also indicating an increase in Dai prices, starting from the minimum of $1.074 and reaching as much as $1.579. The expected average price is $1.263.

Furthermore, PricePrediction.net is seemingly enthusiastic about Dai prices in 2024. The website forecasts that the price may go up to as much as $1.055. The expected average price is set at the $0.872 level, whereas the expected minimum price is $0.689.

In 2025 Wallet Investor views Dai negatively. According to the website algorithm, the expected average price is $1.124, with potential maximum and minimum prices reaching $0.999 and $0.873 respectively.

Dai Price Prediction 2030

According to the long-term forecast from Wallet Investor, Dai has great investment potential. The prices could reach $1.517 on average, whereas the maximum price could go up to as much as $1.578, and the minimum price could hit the $1.457 point.

Trading Beasts predicts that the bearish trend will remain strong for Dai in 2030. Investors could be expecting an average of $0.568. The maximum and minimum prices might hit $0.591 and $0.546 respectively.

Last but not least, based on the sentiment from PricePrediction.net, Dai prices will continue to fall in the long run, with the average price reaching the $0.323 level. The expected maximum price is $0.39 and the potential minimum is $0.255.

Conclusion

Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.

FAQ

Is Dai a good investment?

According to the experts' forecasts, Dai will be a bad investment.

Does Dai Have Potential?

The DAI is becoming less popular right now, gradually cryptocurrency is losing ground on Coinmarketcap's market cap ranking. Even though project has developed partnerships with some giants of the cryptocurrency industry, Dai forecast is negative, It has low potential.

How much will Dai be worth in 2022?

In 2022 the price of DAI is expected to reach $1.591, based on the forecasting from various sources.

How much will Dai be worth in 2023?

In 2023 the price of DAI is expected to reach $1.145, based on the forecasting from various sources.

How much will Dai be worth in 2024?

In 2024 the price of DAI is expected to reach $0.752, based on the forecasting from various sources.

How much will Dai be worth in 2025?

In 2025 the price of DAI is expected to reach $1.055, based on the forecasting from various sources.

How much will Dai be worth in 2030?

In 2030 the price of DAI is expected to reach $0.39, based on the forecasting from various sources.