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DAI Crypto Price

Dai
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0.000
0(0%)

DAI Crypto Price Chart

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News

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    Analyst States What Could Trigger Cardano (ADA) Rally to $1.31

  • DAI FAQs

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    Should I buy or sell DAI Crypto?

    Answer

    Based on the analysis of DAI as a stablecoin and its role in the DeFi ecosystem, here is a concise recommendation:

    • Hold DAI if you need a stable asset for transactions, DeFi activities, or as a hedge against crypto volatility, and you have confidence in MakerDAO's stability.
    • Sell DAI if you are concerned about regulatory risks or potential instability in the MakerDAO protocol.
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    What is price prediction 2025 for DAI Crypto?

    Key Stats

    24H High
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    24H Low
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    24H Volume
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    24H Volatility
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    All Time High
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    All Time Low
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    Correlation with BTC
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    Return On Investment
    %
    What is Dai?

    DAI is an Ethereum-based stablecoin (stable-price cryptocurrency) whose issuance and development is managed by the Maker Protocol and the MakerDAO decentralized autonomous organization.The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of other cryptocurrencies that are deposited into smart-contract vaults every time new DAI is minted.It is important to differentiate between Multi-Collateral DAI and Single-Collateral DAI (SAI), an earlier version of the token that could only be collateralized by a single cryptocurrency; SAI also doesn’t support the DAI Savings Rate, which allows users to earn savings by holding DAI tokens.Multi-Collateral DAI was launched in November 2019.

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