Coin News

DAI Report for February 7, 2023

Multi-Collateral Dai, with a 24-hour trading volume of $75.39 million, has a current price of $0.999645, market capitalization of $5.72 billion, and a market dominance of 0.52%. The DAI price has risen 0.01% in the last 24 hours.

Multi-Collateral Dai hit its highest value on December 17, 2018 at $1.128600 and its lowest on January 10, 2018 at $0.300344. Since its all-time high, the lowest price was $0.900314 and the highest was $1.069110. The current sentiment towards Multi-Collateral Dai’s price is bearish, while the Fear & Greed Index is at 54, indicating a neutral state.

The current circulating supply of Multi-Collateral Dai is 5.72 billion out of a maximum supply of 5.90 billion. The yearly inflation rate is -41.75%, with -4.10 billion DAI created in the past year. In terms of market capitalization, Multi-Collateral Dai is the top ranked in the DeFi Coins sector, fourth in the Stablecoins sector, and fourth in the Ethereum (ERC20) Tokens sector.