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TipRanksCryptocurrencyWhat is the Price Of Dai?

What is the Price Of Dai?

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Dai Price Chart

Current Price
$1.00
Price Change (24h)<$0.01 (0.01%)
24h Low - 24h High$1.00 - $1.00
24h Volume$194.03M (194,025,376.00)
Market Cap$3.53B
Volume / Market Cap0.03620
Circulation Supply5.36B
1-Year Price Return0.00%
6-Month Price Return-0.10%
3-Month Price Return-0.10%
1-Month Price Return0.00%
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Dai News & Analysis

Oliver RodziankoMSTR’s High-Flying Bitcoin Strategy is Headed for Turbulence
Marty ShtrubelRipple (XRP) vs. Bitcoin: The Clash of Visions in Crypto’s Future
Vince Condarcuri“You Should Own Bitcoin,” Says Jim Cramer as He Advises Against MicroStrategy (MSTR)
Marty ShtrubelRipple (XRP) or Bitcoin: This Investor Chooses the Superior Cryptocurrency to Buy
Vince CondarcuriCathie Wood Boosts Stake in Tempus AI (TEM) and Avoids Trump Coin
Vince Condarcuri“Dr. Doom” Says There Will Be Another “Big Bubble” in Crypto
Vince CondarcuriThe SEC Launches a New Taskforce to Develop Crypto Regulations
Marty Shtrubel‘Upside Could Be Massive,’ Says Investor About Ripple (XRP)
Read the latest Dai news and analysis from the TipRanks news team.
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Dai FAQ

What is the price of one Dai?
The live price of Dai (DAI-USD) is $1.00.
What’s Dai All-Time High?
Dai's (DAI-USD) all-time high is $1.34.
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What is Dai?

Dai

Governed by the MakerDAO and Maker Protocol, this stablecoin is collateralized by multiple cryptocurrencies and pegged to USD. New DAI tokens can be generated by depositing cryptocurrency assets on the Maker protocol and using the collateral to borrow in DAI. The process of issuing or burning DAI is decentralized and all transactions are recorded in smart contracts, which adds transparency. Furthermore, DAI’s peg to USD provides safety against the volatility in crypto prices. The Dai ecosystem continues to grow and more than 400 applications and services have already integrated Dai.
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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
2.06T
Ethereum
377.32B
Ripple
173.60B
Solana
108.33B
Binance Coin
98.23B
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Major Stock Indexes

Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100
TipRanks Momentum Index
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