MakerDAO has launched Multi-collateral DAI (MCD). This token refers to the new DAI that is collaterized by multiple assets.
The current live price of Dai (DAI) is $0.9999 USD as of the most recent market update. This price is aggregated from major cryptocurrency exchanges and reflects the global market consensus for Dai tokens. The cryptocurrency market operates 24/7, meaning DAI prices update continuously throughout the day, unlike traditional stock markets that have defined trading hours.
Key Market Metrics for DAI:
The market capitalization of $4.59B places Dai among significant digital assets in the cryptocurrency ecosystem. The 24-hour trading volume of $119.61M indicates moderate trading activity and market participation. The volume-to-market-cap ratio provides insights into the token's liquidity profile and trading efficiency.
For investors tracking DAI, the price data shown on Pricify is sourced from CoinGecko's detailed API, providing reliable and up-to-date market information. The positive price momentum with a gain of 0.00% in the last 24 hours offers a snapshot of recent market dynamics affecting Dai.
The all-time high price of Dai was $1.22, reached on March 12, 2020. The current price of $0.9999 represents a 18.0% decline from the all-time high, which is a common metric used by investors to gauge potential upside relative to historical price levels.
Indian investors have several options to purchase Dai (DAI) through registered cryptocurrency exchanges. The process involves creating an account on a crypto exchange, completing KYC verification, depositing Indian Rupees (INR), and placing a buy order for DAI. Below are the most popular and trusted platforms for buying cryptocurrencies in India.
Coinbase is the largest publicly traded cryptocurrency exchange in the world, offering a secure and regulated platform to buy, sell, and store Dai and 200+ other cryptocurrencies. With advanced security features, FDIC insurance on USD balances, and an intuitive interface, Coinbase is ideal for both beginners and experienced traders. Indian users can sign up, complete verification, and start trading DAI with INR deposits via P2P or USDT pairs. Join Coinbase today to buy Dai and earn rewards.
Binance is the world's largest cryptocurrency exchange by trading volume, offering deep liquidity for DAI trading pairs including DAI/USDT, DAI/BUSD, and more. Binance provides advanced trading features including spot trading, futures, margin trading, staking, and earn products. Indian users can access Binance through its global platform and use P2P trading to buy Dai with INR. Register on Binance to trade DAI with one of the lowest fee structures in the industry.
WazirX is one of India's most popular cryptocurrency exchanges, offering direct INR deposits via UPI, net banking, and bank transfers. The platform is fully compliant with Indian regulations and provides a seamless experience for buying Dai with Indian Rupees. With the WazirX auto-buy feature, you can set up recurring purchases of DAI to average your entry price over time. Sign up on WazirX to start investing in Dai with INR directly.
Steps to Buy DAI in India:
Disclaimer: Cryptocurrency investments are subject to high market risk and price volatility. Past performance does not guarantee future returns. Please do your own research and consider consulting a financial advisor before investing in digital assets. The Indian government has imposed a 30% tax on crypto gains and 1% TDS on transactions.
Understanding the price history of Dai (DAI) is crucial for making informed investment decisions in the cryptocurrency market. Dai\'s price journey reflects the broader trends in the Stablecoins sector as well as project-specific developments, market sentiment shifts, and the evolving regulatory landscape for digital assets.
The current price of $0.9999 shows a positive trend over the last 24 hours with a change of 0.00%. Looking at broader timeframes, the 7-day change of 0.02% (up) and 30-day change of 0.00% and 1-year change of 0.04% provide context for medium to long-term price trends.
Key Price Levels for DAI:
The interactive chart above allows you to analyze Dai\'s price action across multiple timeframes — from intraday 1D charts for short-term traders to all-time charts for long-term investors. Use the chart tabs to switch between 1-day, 7-day, 1-month, 3-month, 1-year, and all-time views. The chart includes price data points and trend visualization to help identify support and resistance levels, trendlines, and potential breakout patterns for DAI.
Technical analysis of Dai should be combined with fundamental factors such as network activity, development updates, partnership announcements, and overall market conditions in the Stablecoins sector. The volume data of $119.61M in the last 24 hours provides insight into the level of market participation and liquidity available for DAI traders.
Here are other popular cryptocurrencies that investors tracking Dai (DAI) may also be interested in. These coins represent different categories and market cap ranges within the cryptocurrency ecosystem, providing diversification opportunities for crypto portfolios.
The current live price of Dai is $0.9999 USD. The price is updated in real-time from CoinGecko's aggregated market data across multiple cryptocurrency exchanges. In the last 24 hours, DAI has traded between $0.9997 and $1.00, with a 24-hour change of 0.00%.
Indian users can buy Dai through popular cryptocurrency exchanges like Coinbase, Binance, or WazirX. The process involves creating an account, completing KYC verification with Aadhaar/PAN, depositing INR through UPI or bank transfer, and placing a buy order for DAI on the exchange.
The current market capitalization of Dai is approximately $4.59B. Market cap is calculated by multiplying the current price ($0.9999) by the circulating supply (4,587,859,276 DAI tokens). This metric ranks Dai among other digital assets in the cryptocurrency ecosystem.
Dai is classified under the Stablecoins category. The Stablecoins sector of the cryptocurrency market includes projects that share similar technological characteristics, use cases, and market dynamics. Investors often use category classification to build diversified crypto portfolios and compare project performance within the same sector.
Whether Dai (DAI) is a good investment depends on your individual risk tolerance, investment goals, and market outlook. The cryptocurrency market, including the Stablecoins sector, is known for high volatility. The current price of $0.9999 is 18.0% below its all-time high of $1.22. We recommend conducting thorough research, diversifying your portfolio, and consulting a financial advisor before investing in cryptocurrencies. Use our interactive chart and market data above to conduct your own analysis of Dai.