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What currency is DAI? How much DAI currency is in circulation?

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Jul 26, 2024 pm 02:58 PM

Stablecoin

DAI is a decentralized stablecoin governed by MakerDAO and pegged to the U.S. dollar; as of February 22, 2023, its circulating supply is 6.97 billion.

What currency is DAI? How much DAI currency is in circulation?

What currency is DAI?

DAI is a decentralized stablecoin governed by MakerDAO and pegged to the US dollar.

DAI coin circulation

As of February 22, 2023, the circulation of DAI coins is 6.97 billion. 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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