Dai (DAI) Logo Thumb Dai DAI

Rank #13 Cryptocurrency

Price Dai (DAI)
14,312.98024  

Market Cap. : IDR 76,544,169,690,000 -0.0188944%

Dai Price Live Data

The live Dai price today is IDR 14,312.98024 with a 24-hour trading volume of IDR 5,240,784,271,000. We update our DAI to price in real-time. Dai is -0.0188944% in the last 24 hours. The current ranking is #13, with a live market cap of IDR 76,544,169,690,000. It has a circulating supply of 5,347,890,000 DAI coins and a max. supply of 0 DAI coins.

If you would like to know where to buy Dai , the top cryptocurrency exchanges for trading in Dai stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Dai to IDR


What is Dai (DAI)?

"Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper."

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Buying tips Dai (DAI)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Dai (DAI). Technically you can combine several indicators to get the right formula for determining the entry point Dai. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Dai can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Dai can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Dai. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Dai. So when is the right time? the following are brief tips.

  • When the price Dai is high, the first moment that could be a good time to sell Dai is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices Dai Rise In the Short Term, Very fast price fluctuations make investors Dai too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Dai experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Dai owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume Dai high, Price increase & decrease chart Dai can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Dai, of course, besides that there are many other indicators that you can use to trade/invest.