Bitcoin
BTC$66 503.40

-0.65%

Ethereum
ETH$3 078.67

-1.28%

Tether
USDT$1.000029

-0.03%

Binance Coin
BNB$573.51

-1.19%

Solana
SOL$170.51

-1.50%

USD Coin
USDC$1.000043

-0.01%

Dai (DAI) Reviews for May 2024

DAI Reviews Joseph October 3, 2019
Interestingly, but even though DAI is a stablecoin pegged to the US Dollar, and with the special automatic mechanisms, in-built in its Ethereum contract, the return on investment of that specific cryptocurrency has been calculated at 9.74%. This mechanism is pretty interesting as it corrects any discrepancies in the price of DAI and USD. It has been listed on numerous crypto exchanges, though only one of them - Bitinka - shows decent trading volumes of $6 million/day. However, there have been numerous facts which suggest that Bitinka impedes the withdrawals in DAI, which cleated a bad rep for this coin.

DAI Reviews Phillip April 28, 2019
Can it be anymore obvious that we need DAI more than ever? The Tether scandal is just another reason why USDT needs to finally become extinct and DAI needs to become a de-facto stable coin for ERC-20 tokens. It no longer makes any sense that we keep falling for the tricks of USDT and Bitfinex, while the rest of us get affected by falling prices. Stable coins are actually necessary in crypto, and DAI is our best bet.

DAI Reviews Bob April 1, 2019
DAI is still the top stable coin. Who needs anything else once you've got DAI? It's obvious that it's going to take over the majority of the market since you can do leverage trades on it. Just wait for the next bull run, it's going to be fun watching DAIs use go through the roof.

DAI Reviews Tim March 16, 2019
MKR and DAI have to be cryptos last hope. Besides bitcoin, what really hold value in this market? Nothing is able to hold consistent value besides stable coin projects like DAI. Bitcoin makes sense because it was first to market, and DAI is a transfer of stable value that never actually fluctuates. It makes no sense to use any other coins because they are really just subcriptions to platforms. This is why we've seen -97% drops in the majority of the market. I'm not saying DAI is invincible, but it does show that it's not going anywhere since huge amounts of money flow in and out of DAI contracts.

DAI Reviews Roger February 28, 2019
Ok, DAI is amazing. I just colaterized ETH to to margin trade and it's been working perfectly. DAI makes much more sense as a stable coin and I hope more people become aware of its use case. I'm in no hurry though, I know a successful project when I see one. DAI is going to become an integral part of the Ethereum ecosystem as it expands.

DAI Reviews AWoods January 8, 2019
The main difference between DAI and Tether is the complete transparency of the system. On the main terminal (dashboard, you need Mist or Chrome / Firefox browser with Metamask extension installed and enabled) dai.makerdao.com you can see all system status in real time: the PETH pool, the amount of issued and deleted DAI, as well as the security level of the system at the moment, expressed in excess of the deposit over the amount of the issued DAI. At the time of this writing, the pledge amounts to 406% of the amount of the issued DAI (this value is a consequence of the collapse, many holders of pledge positions preferred to be safe). The minimum allowable security threshold is 150% over the amount of emitted tokens.

* Crypto Rating accepts no liability for content of the Dai reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 84.8% 19 $66 503.40 -0.65% 8.34% $1 310 162 140 242 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 88.4% 20 $3 078.67 -1.28% 5.59% $369 830 375 839 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.2% 1 $1.000029 -0.03% 0.04% $111 438 173 122 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 89.6% 6 $573.51 -1.19% -3.22% $84 642 569 477 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 75.2% 42 $170.51 -1.50% 19.27% $76 556 546 641 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94% 1 $1.000043 -0.01% 0.01% $33 496 798 629 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 88.8% 8 $0.510333 -2.19% 2.41% $28 215 770 436 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 70.8% 65 $6.28 -2.41% -10.36% $21 813 613 872 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 80% 30 $0.149658 -2.79% 6.73% $21 604 956 344 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 86% 23 $0.465359 -3.02% 6.95% $16 604 076 150 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 80.4% 41 $0.000024 -4.04% 7.28% $13 986 369 705 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 80% 38 $35.58 -4.98% 8.51% $13 620 879 971 AVAX 7 days price change
13 TRON (TRX) TRX TRON predictions 86% 21 $0.121132 -1.02% -4.68% $10 591 997 443 TRX 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 85.6% 18 $0.121054 -1.15% -4.68% $10 585 118 485 WTRX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 89.2% 18 $66 386.79 -0.80% 8.28% $10 322 918 427 WBTC 7 days price change

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