It’s true that Dai was a great disappointment for investors in 2018. DAI price went down from $0.000000 on January 1st 2018 to $1.007 on December 31 2018. However, it is worth monitoring our Dai price prediction algorithm: Dai might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, DAI might be the coin to watch closely now.
The current Dai price is $1.02, its circulating supply is 81 331 626 DAI. Our algorithm predicts that based on historical data Dai price will be at $1.16 in 1 week and $1.34 in 1 month. Our deep learning algorithm predicts the DAI price will be at $1.44 in 6 months. Analysis of the cryptocurrency market shows that Dai price may reach $1.94 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that DAI will stay around $1.75 in 2019, $1.94 in 2020, $2.05 in 2021, $2.35 in 2022 and $2.62 in 2023.
While creating the Dai prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $1.44 and lowest possible predicted price is $1.09.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Dai has the potential to stay within "survivors" team. Our Dai short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Dai Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Dai forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Dai (DAI)?
The current price of Dai is $1.02.
What is the current market capitalization of Dai (DAI)?
The current market capitalization of Dai is $82 577 554.
What will be the price of Dai (DAI) Tomorrow?
Our algorithm forecasts that the price of Dai will reach $1.04 tomorrow.
In 1 year from now what will 1 Dai be worth?
As per the forecast and algorithmic analysis, the the price of 1 Dai will be around $1.75.
Is it profitable to invest in Dai (DAI)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Dai (DAI) as a short term investment. Dai can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Dai be growing in the Future?
Dai is potentially one of the most profitable among digital coins.
How high can the Price of Dai go?
Our algorithm forecasts that the price of Dai will reach $2.62 by 2023.
Is Dai (DAI) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Dai now.
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.
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