Created by MakerDAO, Dai took flight into the decentralized cryptocurrency exchange in November 2019 for $0.992. Founder and CEO Rune Christen, built Maker Protocol and DAI as a Ethereum-based stablecoin which can maintain one-to-one ratio with the U.S. dollar.
Users of $DAI enjoy most benefits from the transparent transaction procedure where there are minimal restrictions. Such means of permissionless trading has largely helped in the popularization of the token to its present day.
Before we get into what makes DAI different from other stablecoins like USDC and Tether, here is a quick overview of the token:
| Ticker Name | DAI |
| Price | $0.9999 |
| Volume (24h) | $157 million (+39.66%) |
| Market Cap | $5 billion (-038%) |
| Circulating Supply | 4,710,783,311.36 |
| Total Supply | 4,710,783,311.36 |
| Rank | #16 |
| All-time-high | $1.043 |
| Contract address | 0x6b175474e89094c44da98b954eedeac495271d0f |
Now that the basics of $DAI are well within your grasp, let’s check out technical analysis and price predictions of Dai for 2023, 2025, 2030, 2040, and 2050.
Is Dai a Good Investment?
According to the predictions mentioned below, it is quite evident that most indications are towards a growing $DAI price. Fundamental and technical analysis also show the same picture. However, cryptocurrency being volatile (finance) the predicted path might alter any moment.
So, find out more data on the cryptocurrency before investing, as $DAI can be a good investment but you need to choose the right time to do so. Moreover, our predictions of Dai are not to be considered over your research or any professional financial advice.
Dai (DAI) Price History
| Date | Min Price | Max Price |
| Dec 2019 | $0.981 | $1.033 |
| Jan 2020 | $0.950 | $1.035 |
| June 2020 | $0.983 | $1.020 |
| Dec 2020 | $0.998 | $1.008 |
| Jan 2021 | $0.998 | $1.013 |
| June 2021 | $0.998 | $1.011 |
| Dec 2021 | $0.986 | $1.011 |
| Jan 2022 | $0.997 | $1.002 |
| June 2022 | $0.998 | $1.002 |
| Dec 2022 | $0.996 | $1.001 |
| Jan 2023 | $0.997 | $1.002 |
| June 2023 | $0.994 | $1.002 |
Dai Price Predictions 2023 to 2050
| Year | Min Price | Avg Price | Max Price |
| 2023 | $0.989 | $1.001 | $1.008 |
| 2024 | $0.999 | $1.005 | $1.016 |
| 2025 | $0.994 | $1.010 | $1.024 |
| 2030 | $1.001 | $1.015 | $1.107 |
| 2035 | $1.006 | $1.011 | $1.118 |
| 2040 | $1.019 | $1.026 | $1.134 |
| 2045 | $1.065 | $1.143 | $1.168 |
| 2050 | $1.165 | $1.286 | $1.589 |
Dai (DAI) Price Prediction 2023
Price predictions for Dai show that we can witness a high and low of $1.008 and $0.989 before the end of 2023. We have received various talks of a probable bull run during our research which is likely to be delayed due to recent huntdown of crypto firms. Experts also suggest that the bull rally is going to happen very soon and when it does, top cryptocurrencies like $DAI would be the very first ones to be affected.
Our predictions also include that this distribution might change as questions on dollar stability are being raised. There are yet some hints required to have a better say, but our present analysis shows that throughout 2023, we will see average values around $1.001.
Dai (DAI) Price Prediction 2024
Dai prices in 2024 are forecasted to reach a high of $1.016 with a low of $0.999 and average trading around $1.005. Being a stablecoin, we cannot assume that even with good indications, it is going to double in value or so. Investors in stable cryptocurrencies like Tether look for tokens that can stay pegged to the dollar.
Even though the organization is trying to achieve the same as USDT, some things are done differently. For example, instead of fiat assets and U.S Treasury bonds, $DAI is backed by Ethereum-based smart contracts. This method is known as Collateralized Debt Position (CDP) where you deposit a digital asset as a collateral for the money you are borrowing. So, even if the dollar crashes some day, the chances of you losing your investments is slightly lower than USDT or USDC.
Dai (DAI) Price Prediction 2025
By 2025, Dai prices are predicted to be upwards of $0.994 with a maximum limit at $1.024. As DAI makes a shift from single-collateral to multi-collateral, the overall market sentiment is projected to grow massively in coming years. We might see that growth reflect onto $DAI prices between 2025 and 2030.
During this time, forecasting shows an average trading price of $1.010. Moreover, as the organization continues to grow its brand outreach through various competitions and events, prices are expected to rise alongside.
Dai (DAI) Price Prediction 2030
By 2030, forecasting shows that Dai prices are going to between $1.001 (low) and $1.107 (high) with average prices hovering around $1.015. Recent study of the market reveals that long-term investment in $DAI has a positively strong Exponential Moving Average (50) of 0.99799.
With such strong indications of price hike in the long-run, it can be said that investing now can generate profits. However, cryptocurrency exchanges are quite unpredictable, and please seek professional advice if feeling confused.
Dai (DAI) Price Prediction 2040
The ten year period between 2030 and 2040 is predicted to be quite the frenzy market as the Web3 world evolves. Our predictions show that maximum prices can reach $1.134, which is not expected to be stable there and we might mostly see numbers around $1.026.
In the present day, stablecoins have a strong presence on the cryptocurrency exchange, and $DAI differentiates itself by being multi-collateral. We have already discussed the distribution above, and forecasting suggests that massive changes to it might come in 2040 due to the evolution of cryptoverse.
Dai (DAI) Price Prediction 2050
Taking our vision even further, we discovered that prices can reach a new ATH of $1.589, which is unlikely to be beaten anytime later also. For the token to reach such height, multiple factors need to be ticked. For example, the organization would need more use cases of the token or allow USDT and USDC overtake them. Moreover, celebrity endorsements are also helpful, which are assumed to happen by 2050.
In bearish conditions, we can see a low of $1.165, with an average price of $1.286. Most cryptocurrencies are unstable, and have little long-term future. Even though $DAI is much stable, please look carefully before you jump into the token.
Should I Invest in Dai?
Being a stablecoin like Tether and USD Coin, it relies on staying as close as possible to the dollar. Even in the most bullish conditions, prices can go quite high but only for a short period. If you are looking to make profits, $DAI might not be the best option.
Whereas, if you are seeking security from hyperinflation, $DAI can be a good choice. If your research suggests that it has higher potential than $USDT and $USDC, you can invest in Dai ($DAI).
Realistic Dai (DAI) Price Prediction
Price predictions of DAI are made after thorough analysis of fundamental and technical factors with market sentiment. We discovered that Exponential Moving Average (10) has a value of 0.99146 which is a strong indication of buying $DAI. Oscillator analysis shows that Relative Strength Index (14) is neutral at 52.56291. So, realistically, prices can increase shortly and not escalate too much.
We can clearly see that most candles are green which is always what an investor looks for first before making an investment decision. In the past 14-candle cycle, only five are red, so the chances of making a loss on $DAI is much lower than most cryptocurrencies.
Even so, please do not consider our predictions of DAI as a replacement for financial advice.
