Compound Dai Price Up 0% This Week (CDAI)

Compound Dai (CDAI) traded down 0% against the US dollar during the 1 day period ending at 23:00 PM ET on November 24th. During the last week, Compound Dai has traded 0% higher against the US dollar. One Compound Dai token can currently be purchased for $0.0221 or 0.00000134 BTC on popular exchanges. Compound Dai has a total market cap of $557.23 million and $4.24 million worth of Compound Dai was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 11.6% lower against the dollar and now trades at $0.37 or 0.00002264 BTC.
  • Aidi Finance (BSC) (AIDI) traded 7.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded up 3.8% against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 3% higher against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded up 3.1% against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded down 15.4% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded 1.6% higher against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

About Compound Dai

Compound Dai launched on November 19th, 2019. Compound Dai’s total supply is 2,025,596,474 tokens and its circulating supply is 25,204,924,416 tokens. Compound Dai’s official Twitter account is @compoundfinance and its Facebook page is accessible here. The official website for Compound Dai is compound.finance. The Reddit community for Compound Dai is https://reddit.com/r/compound and the currency’s Github account can be viewed here.

According to CryptoCompare, “Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.cDAI is the Compound's wrapped version of┬áMulticollateral DAI and it's available on the Compound platform.”

Compound Dai Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Compound Dai directly using US dollars. Investors seeking to trade Compound Dai should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Compound Dai using one of the exchanges listed above.

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