Staking

There are two perspectives on how the price of DAG is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of DAG. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect DAG's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of DAG based on past trends, based on the principle that 'history tends to repeat itself.' Price action of DAG is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of DAG.

DAG reached an all-time high of $0.4517 in 2021-08-25, while its current trading price is $0.04219.

DAG reached its historical low of $0.001101 in 2021-08-25.