What currency does DAI belong to? What is the issuance volume and issuance price of DAI coins?

DAI is a decentralized stablecoin on the Ethereum blockchain, pegged to the U.S. dollar 1:1 and governed by MakerDAO. As of February 2023, the circulating supply of DAI is approximately 5 billion, with an issuance price of $1, but its price can deviate slightly from $1 to reflect market demand, inflation, or other factors.

What currency does DAI belong to?

DAI is a decentralized stablecoin pegged 1:1 to the US dollar. It is based on the Ethereum blockchain and is governed by MakerDAO.

What is the issuance volume and issuance price of DAI coins?

DAI’s issuance is constantly changing based on demand. As of February 2023, its circulating supply is approximately 5 billion coins.

DAI’s initial issuance price is $1. However, it is a floating value stablecoin whose price can deviate slightly from $1. This may be due to market demand, inflation or other factors. D The factors behind the rise in AI prices are still Not sure.

Future Trend Analysis

Dai’s price trend is likely to continue to remain stable as it is pegged to the US dollar. However, market sentiment can have an impact on prices.

Action

Investors looking to invest in Dai should pay close attention to market dynamics and conduct price research.

• Short Term Forecast

Based on current information, Dai is likely to remain around its current price in the short term.

Indicator

Trading volume: 183070754.72018 USD

Circulation volume: 5347888595.7464 Dai

Circulation market capitalization: 5348198755.3798 USD

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