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Multi Collateral Dai Price Prediction | Forecast for DAI

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Table of Contents:

Coin prognosis
What is Multi Collateral Dai coin?
Future price prediction
Frequently asked questions
Historical Price Data
Where to buy DAI

Possible bearish downtrend on Multi Collateral Dai Downside

Over the past few weeks, Multi Collateral Dai's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying DAI at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.

DAI Price	$0.9998 USD
Price Change24h	$-0.0002 USD (-0.02%)
24h Low / 24h High	$0.9995 / $1.0000 USD
Trading Volume24h	$1,006,962 USD
MarketCap	$6,468,902,400 USD

What is Multi Collateral Dai? Fundamental Analysis

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.

Future price prediction

Date	Price	Possible movement
Sep 25, 2022	$1.0000	Neutral
October, 2022	$ 0.9995 USD	Downside
November, 2022	$ 0.9999 USD	Downside
December, 2022	$ 0.9996 USD	Downside
March, 2023	$ 0.9995 USD	Downside
September, 2023	$ 1.0005 USD	Upside

DAI Crypto Price Forecast: Frequently Asked Questions

Question	Answer
Will Multi Collateral Dai rise today?	Multi Collateral Dai is indicating strong signs of bearishness. It currently trades lower than it's opening price. This is not a good sign!
What will be the highest price of Multi Collateral Dai (DAI) in future?	Our analysis shows a possible all time high of $1.0005 USD
Will Multi Collateral Dai (DAI) price increase in future?	Our prognosis shows Multi Collateral Dai (DAI) will increase exponentially in future, attaining a possible coin price of $1.0005 USD
Will an Investment in Multi Collateral Dai (DAI) be profitable or make a loss?	Multi Collateral Dai will be a profitable investment in the next 1 year, giving hodlers a good return.
What will be the highest price of Multi Collateral Dai (DAI) in future?	$1.0005 USD
Will the price of Multi Collateral Dai (DAI) move downward in future?	Up only
At the end of the year, what will be the price of 1 Multi Collateral Dai?	Our algorithms indicates an end of year price of 1 DAI = $1.0005 USD.
What is the Multi Collateral Dai price prediction for 2025?	By the year 2025, the price of one DAI could be as high as $5.0025 USD
Multi Collateral Dai price prediction for 2030?	Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030.
Where do I buy Multi Collateral Dai?	We painstakingly listed out some great options for you. Purchase DAI coin here →

Historical Price Data (USD)

Pay close attention to daily volume fluctuations. Poor volume like DAI has is a good indication of bearishness in the short term.

Date	Price	Volume
September 24, 2022	$1	$254,341
September 23, 2022	$0.9994	$1,352,063
September 22, 2022	$0.9968	$1,371,506
September 21, 2022	$1	$1,622,250
September 20, 2022	$1	$841,059
September 19, 2022	$0.9993	$617,554
September 18, 2022	$0.9996	$478,922
September 17, 2022	$0.9996	$295,604
September 16, 2022	$0.9999	$608,442
September 15, 2022	$1.001	$826,129
September 14, 2022	$0.9996	$475,366
September 13, 2022	$0.9997	$721,113
September 12, 2022	$1.003	$397,045
September 11, 2022	$0.9998	$241,222
September 10, 2022	$1	$254,922
September 9, 2022	$1	$588,938
September 8, 2022	$1.001	$563,593
September 7, 2022	$1.001	$572,492
September 6, 2022	$1.001	$721,787
September 5, 2022	$1.002	$304,221
September 4, 2022	$0.9997	$161,279
September 3, 2022	$0.9995	$204,542
September 2, 2022	$1	$513,062
September 1, 2022	$1.002	$483,930
August 31, 2022	$0.9993	$703,963
August 30, 2022	$0.9994	$787,233
August 29, 2022	$0.9994	$704,663
August 28, 2022	$1	$426,840
August 27, 2022	$1.001	$556,414
August 26, 2022	$1	$934,258

How to Buy Multi Collateral Dai (DAI) in 2022

There are 3 steps to purchasing Multi Collateral Dai. They are:

Buy Bitcoin: The best places to buy Bitcoin in 2022 with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase DAI directly with USD. They are: Coinbase, Gemini, Kraken, Cexio, Bitfinex, BitTrex, OKCoin, ftx, IndependentReserve, bequant, binanceusa, Exmo, .
Move the Bitcoin to an Exchange that supports DAI: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the DAI/BTC trading pairs.
At the moment, DAI is currently available for purchase with Bitcoin at Bitfinex, BitTrex, Exmo, oneinch, uniswap, Bitfinex, BitTrex, Exmo, Upbit, .
Buy Multi Collateral Dai on the Exchange: Now, you can buy Multi Collateral Dai with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different DAI pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.

Exchanges that support DAI/USD Pair

Exchange	Trade Pair	Exchange Grade
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