Dai Reaches Market Cap of $2.29 Billion (DAI)


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Dai (CURRENCY:DAI) traded 0.1% higher against the U.S. dollar during the 24-hour period ending at 19:00 PM Eastern on February 23rd. In the last week, Dai has traded up 0% against the U.S. dollar. Dai has a market cap of $2.29 billion and $1.31 billion worth of Dai was traded on exchanges in the last 24 hours. One Dai token can currently be purchased for $1.00 or 0.00002058 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • Chainlink (LINK) traded down 18.8% against the dollar and now trades at $25.60 or 0.00052612 BTC.
  • Aave (AAVE) traded 11.8% lower against the dollar and now trades at $358.21 or 0.00736242 BTC.
  • Solana (SOL) traded up 14.5% against the dollar and now trades at $15.33 or 0.00031512 BTC.
  • Crypto.com Coin (CRO) traded down 28% against the dollar and now trades at $0.16 or 0.00000324 BTC.
  • Huobi Token (HT) traded down 16.9% against the dollar and now trades at $18.46 or 0.00037944 BTC.
  • THETA (THETA) traded down 10.5% against the dollar and now trades at $3.01 or 0.00006188 BTC.
  • FTX Token (FTT) traded down 16.5% against the dollar and now trades at $28.09 or 0.00057739 BTC.
  • Maker (MKR) traded down 6.9% against the dollar and now trades at $2,221.16 or 0.04565168 BTC.
  • Binance USD (BUSD) traded flat against the dollar and now trades at $1.00 or 0.00002056 BTC.
  • The Graph (GRT) traded down 17.5% against the dollar and now trades at $1.69 or 0.00003465 BTC.

About Dai

Dai is a token. It was first traded on November 18th, 2019. Dai’s total supply is 2,285,329,417 tokens and its circulating supply is 2,285,329,391 tokens. Dai’s official Twitter account is @MakerDAO and its Facebook page is accessible here. The Reddit community for Dai is /r/makerDAO and the currency’s Github account can be viewed here. The official message board for Dai is medium.com/@MakerDAO. Dai’s official website is www.makerdao.com.

Buying and Selling Dai

Dai can be traded on these cryptocurrency exchanges: . It is usually not presently possible to buy alternative cryptocurrencies such as Dai directly using US dollars. Investors seeking to acquire Dai should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dai using one of the aforementioned exchanges.

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