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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 (-0.05%)
24h Low - 24h High$1.00 - $1.00
24h Volume$191.05M (191,136,980.00)
Market Cap$3.32B
Volume / Market Cap0.03566
Circulation Supply5.36B
1-Year Price Return0.10%
6-Month Price Return0.00%
3-Month Price Return0.10%
1-Month Price Return0.00%
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Dai News & Analysis

Marty Shtrubel‘Stay Realistic,’ Says Top Investor About Ripple (XRP)
Marty Shtrubel‘Take the Plunge,’ Says Top Investor About Ripple (XRP)
Vince CondarcuriBitcoin’s Rally Leads to Mixed Reactions from Short Sellers
Vince CondarcuriMajor U.S. Banks Are Making a Push into Cryptocurrency Services
Shalu SarafGameStop Stock (GME) Soars as Bitcoin Speculation Heats Up
Marty Shtrubel‘I’m Letting This One Go,’ Says Top Investor About Ripple (XRP) 
Radhika SaraogiTrump’s Truth Social Stock (DJT) Soars on Plans to Launch ETFs in 2025
Marty ShtrubelRipple (XRP) or Bitcoin: Should You Buy One or Both? Here’s What This Investor Thinks
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
83822.56
-2,314.93 (-2.69%)
1.66T
Ethereum
2098.20
-49.501 (-2.3%)
252.77B
Ripple
2.38
-0.01 (-0.42%)
234.15B
Binance Coin
568.10
-7.096 (-1.23%)
80.36B
Solana
136.83
-5.218 (-3.67%)
81.85B
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Major Stock Indexes

Index
Price & Change
S&P 500
5849.72
-104.78 (-1.76%)
Dow Jones Industrial Average
43191.24
-649.68 (-1.48%)
Nasdaq 100
20425.58
-458.824 (-2.2%)
TipRanks Momentum Index
2642.34
-68.335 (-2.52%)
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