Cryptocurrency Q&A How much is 1 DAI?

How much is 1 DAI?

CryptoPioneer CryptoPioneer Thu May 16 2024 | 5 answers 801
Excuse me, I'm curious about the current value of 1 DAI. Could you please enlighten me on its worth in the current cryptocurrency market? I'm a bit new to this space and I'm trying to understand the dynamics of different tokens. It would be helpful if you could provide some insight into how the price of DAI fluctuates and what factors influence its value. Thank you in advance for your assistance! How much is 1 DAI?

5 answers

CryptoProphet CryptoProphet Sat May 18 2024
Dai, a cryptocurrency, is currently trading at a live price of $0.999968 per DAI/USD pair. This represents the real-time value of Dai in relation to the US dollar. The market capitalization of Dai stands at $5.35 billion USD, indicating its overall worth in the crypto market.

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GyeongjuGlorious GyeongjuGlorious Sat May 18 2024
The 24-hour trading volume of Dai amounts to $609 million USD. This figure represents the total amount of Dai traded in the past 24 hours, reflecting its liquidity and market activity. The price of Dai relative to the US dollar is constantly updating, providing investors with real-time insights into its market performance.

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Martina Martina Sat May 18 2024
Dai has experienced minimal fluctuations in the past 24 hours, with a change of less than 0.01%. This stability is indicative of the currency's resilience in the volatile crypto market. The circulating supply of Dai stands at 5.35 billion coins, representing the total number of Dai tokens currently in circulation.

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CryptoTitan CryptoTitan Fri May 17 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a comprehensive range of services tailored to the needs of crypto investors and traders. Among its offerings, BTCC provides spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

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JejuJoyfulHeartSoulMate JejuJoyfulHeartSoulMate Fri May 17 2024
In addition to spot trading, BTCC also offers futures trading, enabling investors to speculate on the future prices of cryptocurrencies. This service allows traders to hedge their investments or capitalize on potential price movements. Furthermore, BTCC provides a secure wallet service, enabling users to safely store their cryptocurrencies.

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