Dia Crypto: Good Investment Or Not?

DIA is a cryptocurrency that powers Multi-Chain Oracles for Web3. It is built on the DeSo blockchain and supported by industry giants like Sequoia, Andreessen Horowitz, and Coinbase. DIA's price is currently 0.396 USD and Wallet Investor predicts a long-term increase, expecting the price to reach 0.547 US dollars by 2029. However, Wallet Investor also states that DIA is a bad long-term investment due to its low market cap, which makes it easily manipulated.

DIA's long-term investment potential

DIA is a cryptocurrency with a current price of 0.396 USD. It is built on the DeSo blockchain and supported by industry giants like Sequoia, Andreessen Horowitz, and Coinbase. DIA has a low market cap, which means its price can be easily manipulated. Its price is predicted to rise in the long term, with a 5-year investment expected to yield returns of around +38.13%. With a $100 investment today, you may get up to $138.13 in 2029.

DIA also has a strong community focus, with a decentralised governance structure that allows token holders to vote on proposals and improvements to the platform. The DIA Token is listed on various centralised and decentralised exchanges, and the team generally recommends holding tokens in a self-custodial wallet like MetaMask for added security.

While DIA has positive long-term investment potential, it is important to remember that cryptocurrency investments are volatile and subject to high risk. It is always advisable to do your own research and consult multiple sources before investing.

DIA's market cap and liquidity

DIA (Decentralised Information Asset) is an open-source, data and oracle platform for the DeFi ecosystem. It is a governance token that claims to provide financial institutions with a single source of verified financial market data.

DIA's price today is $0.3477, with a 24-hour trading volume of $4.62 million. It has a circulating supply of 110.62 million DIA and a maximum supply of 200 million DIA. Its market cap is $58.65 million, and its market dominance is 0.00%. DIA's price has increased by 103% in the last year, and its yearly supply inflation rate is 17.32%.

DIA's liquidity is ±2%$369.53K. Its low market cap makes it more vulnerable to price manipulation. Its price prediction for the next 14 days is $0.417 on the upside and $0.353 on the downside.

DIA's all-time high was $5.77 on May 5, 2021, and its all-time low was $0.209246 on September 11, 2023. Its performance varies by quarter, with the best performance in Q1, gaining 75.65% on average, and the worst in Q2, losing 56.67% on average.

In summary, DIA has a low market cap and liquidity compared to other cryptocurrencies, and its price is easily manipulated. However, its price has increased in the last year, and it has a bullish price prediction sentiment.

DIA's price predictions

DIA price predictions vary depending on the source. According to WalletInvestor.com, DIA is not a good long-term (1-year) investment. The website predicts that the DIA price will drop from its current value of 0.396 USD to 0.389 USD. However, the website also predicts that with a 5-year investment, the revenue is expected to be around +38.13%. This means that your current $100 investment may be up to $138.13 in 2029.

On the other hand, SPDR Dow Jones Industrial Average ETF Trust (DIA) is expected to be a profitable investment option, according to the same website. The DIA fund price is predicted to increase from its current value of 390.230 USD to 481.307 USD in five years. This translates to a long-term earning potential of +23.34%.

It is important to note that these predictions are generated by Machine Learning and AI and should not be solely relied on for making financial decisions.

DIA's NFT price oracles

DIA's NFT Floor Price Oracle, known as DIA xFloor, is highly customizable and transparent. It supports over 18,000 NFT collections and offers multiple methodologies for NFT asset pricing to ensure the most reliable floor prices. These include the Moving Average of Floor Price, which calculates the average floor price over a selected period, and the Max Weekly Drawdown, which identifies the largest weekly negative price movement in the last 90 days.

The xFloor oracle determines NFT floor prices by leveraging large amounts of on-chain trade data directly from multiple NFT marketplace contracts, ensuring data accuracy and transparency. DIA's direct data sourcing architecture eliminates the need for third-party providers, making the process fully transparent and allowing for tailor-made oracle solutions.

The broad asset coverage of DIA's NFT price oracles is another notable feature. By tracking data from multiple NFT marketplaces on various chains, DIA's xFloor currently offers support for 18,000+ NFT collections, with continuous expansion to include new sources. This extensive coverage empowers users with valuable market insights and enables them to make informed decisions.

In addition to the standard features, DIA also allows users to request custom NFT floor oracles with tailor-made parameters. These custom oracles can be deployed with specific methodologies, update frequencies, and other user-defined parameters to best match the unique needs of their projects. DIA's NFT price oracles are available across 40+ leading blockchain networks and can be integrated into new ones as per user requirements.

DIA's use cases

DIA is a cryptocurrency that can be a profitable investment option. Here are some of its use cases:

Token Price Feeds:

DIA provides token market price feeds sourced from multiple high-volume markets. This includes NFT floor price feeds, which offer multi-source and trade-based accurate pricing for NFT collections.

Random Number Generation:

DIA's multi-chain randomness feature enables the development of DeFi and GameFi dApps.

Fair Value Price Feeds:

DIA provides fair-value pricing feeds for assets that account for the collateral ratio.

NFT Market Data:

DIA offers NFT market data API endpoints, providing information such as NFT floor prices, top NFT collections by volume, and NFT moving average of floor price.

NFT Advanced Analytics:

DIA provides advanced analytics on NFTs, including volatility of floor price, volume statistics, and raw trade data by collection.

NFT WebSockets:

DIA allows users to listen to live NFT sales, deploy, and mint events through NFT WebSocket endpoints.

DIA Oracles:

DIA's price oracles provide price information for various assets, including cryptocurrencies and NFTs. The DIA community can also contribute to the development and improvement of the DIA platform through its decentralized governance structure.

Long-Term Investment:

According to predictions, a long-term increase in DIA's price is expected. With a 5-year investment, the revenue is projected to be around +38.13%.

While DIA has several use cases and potential for growth, it's important to remember that cryptocurrency investments carry inherent risks due to market volatility. It's always recommended to do your own research and consult multiple sources before making any investment decisions.

Frequently asked questions