DAI Historical Price and Return Analysis: Should I Buy DAI Now?

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Abstract

This article provides a comprehensive review of DAI’s historical prices and market fluctuations since its inception, combining data from bull and bear market phases to assess the potential returns for investors purchasing 10 DAI coins. It aims to answer the key question “Should I buy DAI now?” to help both newcomers and long-term investors understand market timing and growth potential.

Bull Market Starting Point and Early Market Cycles: Historical Price Review (2017 to 2019)

DAI was created by MakerDAO around 2017, and according to CoinMarketCap records, its early trading price was approximately $1.0.

Here’s the price change of DAI during the initial bull market phase:

2017

  • Opening price: $1.0
  • Closing price: $0.9779
  • Highest price: $1.0
  • Lowest price: $0.9779
  • Annual return: -2.21%

2018

  • Opening price: $0.9751
  • Closing price: $0.99
  • Highest price: $1.03
  • Lowest price: $0.964
  • Annual return: 1.53%

2019

  • Opening price: $0.9701
  • Closing price: $0.998
  • Highest price: $1.03
  • Lowest price: $0.9423
  • Annual return: 2.88%

An investor who purchased 10 DAI during the early bull market phase in 2017 would have a potential return of -$0.0149 if sold today.

Bear Market Adjustment and Mid-Term Market Cycles: Return and Risk Analysis (2020 to 2022)

During this period, DAI’s price experienced relatively stable fluctuations, maintaining its peg to the US dollar.

Here are the potential returns for investors who purchased 10 DAI during the bear market or consolidation phase:

  • 2020: -$0.0149
  • 2021: -$0.0458
  • 2022: -$0.0149

Recent Market Cycles: Should I Buy DAI Now? (2023 to present)

In recent years, DAI has maintained its stability, continuing to trade close to its $1 peg.

2023

  • Opening price: $0.9971
  • Closing price: $0.9967
  • Highest price: $1.0
  • Lowest price: $0.9833
  • Annual return: -0.04%

2024

  • Opening price: $0.9944
  • Closing price: $1.0
  • Highest price: $1.0
  • Lowest price: $0.9944
  • Annual return: 0.6%

2025

  • Opening price: $0.9999
  • Closing price: $0.99851
  • Highest price: $1.0
  • Lowest price: $0.9975
  • Annual return: -0.14%

The potential returns for investors who purchased 10 DAI during this period are as follows:

  • 2023: $0.0141
  • 2024: $0.0411
  • 2025-present: -$0.0139

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

Through the analysis of DAI’s historical prices and potential returns, we can see a long-term stability trend, helping investors assess whether the current phase is still suitable for positioning and answering the key question “Should I buy DAI now?”. DAI’s primary function as a stablecoin means it’s designed to maintain a steady value rather than appreciate significantly over time.

DAI-0.1%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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