Dai (DAI) 1-Day Trading Volume Reaches $307.11 Million

Dai (DAI) traded 0.1% higher against the dollar during the 24 hour period ending at 23:00 PM ET on April 30th. Dai has a total market capitalization of $8.82 billion and $307.11 million worth of Dai was traded on exchanges in the last day. One Dai coin can now be bought for about $1.00 or 0.00002641 BTC on major cryptocurrency exchanges. Over the last week, Dai has traded up 0.1% against the dollar.

Here is how other cryptocurrencies have performed over the last day:

  • Binance USD (BUSD) traded up 0% against the dollar and now trades at $1.00 or 0.00002638 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Polygon (MATIC) traded down 9% against the dollar and now trades at $1.05 or 0.00002769 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • FTX Token (FTT) traded down 1.9% against the dollar and now trades at $38.15 or 0.00100711 BTC.
  • Chainlink (LINK) traded down 8.5% against the dollar and now trades at $11.11 or 0.00029335 BTC.
  • yOUcash (YOUC) traded up 208.9% against the dollar and now trades at $0.40 or 0.00001062 BTC.

Dai Coin Profile

Dai (DAI) is a coin. Its genesis date was November 18th, 2019. Dai’s total supply is 8,811,927,672 coins. The Reddit community for Dai is /r/makerDAO and the currency’s Github account can be viewed here. Dai’s official message board is medium.com/@MakerDAO. Dai’s official Twitter account is @MakerDAO and its Facebook page is accessible here. Dai’s official website is www.makerdao.com.

According to CryptoCompare, “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. “

Buying and Selling Dai

It is usually not currently 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, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dai using one of the exchanges listed above.

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