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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 (-0.04%)
24h Low - 24h High$1.00 - $1.00
24h Volume$175.28M (175,351,961.00)
Market Cap$3.29B
Volume / Market Cap0.03163
Circulation Supply5.36B
1-Year Price Return-0.10%
6-Month Price Return0.00%
3-Month Price Return0.00%
1-Month Price Return-0.10%
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Dai News & Analysis

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
Marty Shtrubel‘Load Up Below $3,’ 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
1.84T
Ethereum
293.38B
Ripple
157.85B
Binance Coin
89.33B
Solana
79.66B
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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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