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CoinOtag 2024-06-16 12:09:27

DAI Struggles to Maintain Dollar Peg Amidst Volatile Market Conditions

DAI has been experiencing challenges in maintaining its dollar peg, trading within a narrow range as shown by the Bollinger Bands. Indicators have been mixed, revealing the ongoing struggle in stabilizing its value, with no strong trends deviating from the peg. Despite fluctuating between $1.001 and $0.98 over the past month, DAI’s volatility has remained

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