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Possible bearish downtrend on Multi Collateral Dai Downside
Multi Collateral Dai's price has performed poorly over the past weeks. Buying DAI at this time may lead to loss of capital.
| DAI Price | $0.9999 USD |
| Price Change 24hours | $-0.0001 USD (-0.01%) |
| 24h Low / 24h High | $0.9975 / $1.0020 USD |
| Trading Volume 24hours | $965,436 USD |
| Market Cap | $4,664,731,648 USD |
Multi Collateral Dai Analysis
1. 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.
2. Multi Collateral Dai (DAI) is a multi collateral-backed cryptocurrency.
3. Once generated, MCD can be used in the same manner as any other cryptocurrency.
4. Want to invest in Multi Collateral Dai? you may also like other coins like Xenon; AMIS; Nautilus Coin; WRTcoin; VIVO Coin; Bulleon; Mercury; Repo Coin; BlueCoin; Divi Project;
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Dec 11, 2023 | $1.0020 | Neutral |
| January, 2024 | $ 0.9999 USD | Downside |
| February, 2024 | $ 1.0007 USD | Downside |
| March, 2024 | $ 0.9999 USD | Downside |
| June, 2024 | $ 1.0016 USD | Downside |
| December, 2024 | $ 1.0009 USD | Downside |
DAI Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of Multi Collateral Dai (DAI) in future? | Our analysis shows Multi Collateral Dai is already past it's immediate all time high, indicating a bearish signal! |
| Will Multi Collateral Dai (DAI) price increase in future? | No. Our algorithms indicate that Multi Collateral Dai (DAI) will experience a significant decline in future. As low as $1.0009/DAI |
| Will an Investment in Multi Collateral Dai (DAI) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of Multi Collateral Dai (DAI) in future? | $1.0009 USD |
| Will the price of Multi Collateral Dai (DAI) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 Multi Collateral Dai? | Our analysis shows an end of year prognosis of 1DAI = $1.0009 USD. |
| Where do I buy Multi Collateral Dai? | We have curated some great options. Buy DAI coin here → |
Historical Price Data (USD)
Poor volume like DAI could be an indication of short term bearishness.
| Date | Price | Volume |
|---|---|---|
| May 19, 2023 | $1 | $361,101 |
| May 18, 2023 | $0.9999 | $1,382,759 |
| May 17, 2023 | $1.001 | $1,448,227 |
| May 16, 2023 | $0.9999 | $1,808,428 |
| May 15, 2023 | $0.9999 | $1,760,353 |
| May 14, 2023 | $0.9999 | $1,221,504 |
| May 13, 2023 | $0.9999 | $1,075,663 |
| May 12, 2023 | $0.9999 | $1,614,884 |
| May 11, 2023 | $1 | $240,712 |
| May 10, 2023 | $0.9999 | $1,933,671 |
| May 9, 2023 | $1.002 | $2,436,140 |
| May 8, 2023 | $1.003 | $344,741 |
| May 7, 2023 | $1.001 | $164,604 |
| May 6, 2023 | $1 | $24,544 |
| May 5, 2023 | $1.001 | $346,794 |
| May 4, 2023 | $1 | $1,157,594 |
| May 3, 2023 | $1 | $2,213,991 |
| May 2, 2023 | $0.9999 | $918,515 |
| May 1, 2023 | $1 | $1,914,966 |
| April 30, 2023 | $1 | $675,468 |
| April 29, 2023 | $0.9999 | $580,986 |
| April 28, 2023 | $0.9999 | $1,325,328 |
| April 27, 2023 | $1 | $412,070 |
| April 26, 2023 | $1 | $78,234 |
| April 25, 2023 | $0.9998 | $2,927,256 |
| April 24, 2023 | $0.9999 | $1,879,566 |
| April 23, 2023 | $0.9999 | $3,825,965 |
| April 22, 2023 | $0.9997 | $17,425 |
| April 21, 2023 | $1 | $3,793,043 |
| April 20, 2023 | $1 | $3,835,370 |
Steps to buy Multi Collateral Dai (DAI) in 2023
- Buy DAI with USD: Purchase DAI with USD on the following exchanges: Coinbase, Gemini, Kraken, Cexio, Bitfinex, BitTrex, OKCoin, ftx, IndependentReserve, bequant, binanceusa, Exmo, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports DAI/BTC pair. You can buy DAI with Bitcoin at Bitfinex, BitTrex, Exmo, oneinch, uniswap, Bitfinex, BitTrex, Exmo, Upbit, .
- Now, Buy Multi Collateral Dai with BTC: Below is a detailed breakdown of exchanges that support Multi Collateral Dai and their trading.
Exchanges that support DAI/USD Pair
| Exchange | Trade Pair | Rating |
|---|---|---|
| Coinbase | DAI/USD | AA |
| Gemini | DAI/USD | AA |
| Kraken | DAI/USD | AA |
| Cexio | DAI/USD | A |
| Bitfinex | DAI/USD | A |
| BitTrex | DAI/USD | A |
| OKCoin | DAI/USD | A |
| ftx | DAI/USD | A |
| IndependentReserve | DAI/USD | BB |
| bequant | DAI/USD | BB |
| binanceusa | DAI/USD | BB |
| Exmo | DAI/USD | BB |
Exchanges that trade DAI/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|---|---|
| Bitfinex | DAI/BTC | A |
| BitTrex | DAI/BTC | A |
| Exmo | DAI/BTC | BB |
| Upbit | DAI/BTC | BB |
Exchanges that allow DAI/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| Bitfinex | DAI/ETH | A |
| BitTrex | DAI/ETH | A |
| Exmo | DAI/ETH | BB |
| oneinch | DAI/ETH | - |
| uniswap | DAI/ETH | - |
