About WMC and DAI
Wrapped MistCoin is climbing, while Dai is falling this week. The current WMC to DAI conversion rate is 2.50. Inversely, this means that if you convert 1 DAI you will get 0.4003 WMC. The conversion rate of WMC/DAI has decreased by 0.22% in the last hour (DAI/WMC increased by 0.22%). In the last 24 hours, WMC/DAI grew by 3.15%, while DAI/WMC shrunk by the same amount.
The exchange rate of Wrapped MistCoin is increasing. The current value of 1 WMC is 2.50 DAI. In other words, to buy 5 Wrapped MistCoin, it would cost you 12.49 DAI. Inversely, 1 DAI would allow you to trade for 0.4003 WMC while 50 DAI would convert to 20.01 WMC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 13.97%. Meanwhile, in the last 24 hours, the rate has changed by 3.49%, which means that the highest exchange rate of 1 WMC to DAI was 2.50 DAI and the lowest 24 hour value was 1 WMC for 2.41 DAI. Last month, 1 WMC was worth 2.36 DAI. Today, it's up 5.44%. Looking back a year, Wrapped MistCoin has changed by 5.41 DAI. That means that in a single year, the value of Wrapped MistCoin has shrank by 116.59%.
Wrapped MistCoin Market Stats
MistCoin is the prototype or manuscript for ERC-20. Its launch on November 3rd, 2015, coincided with the introduction of a custom token system for the Ethereum Mist Wallet. Ethereum pioneers Fabian Vogelsteller and Alex Van de Sande both lead the project. Following the release of MistCoin, hundreds of token contracts with the same exact code were deployed. Leading to the creation of the ERC-20 standard, designed and proposed by Fabian. In essence, MistCoin is the origin of every ERC-20 token. Wrapped MistCoin (WMC) was created to enable the seamless trading and use of MistCoin(MC) in a manner consistent with standard cryptocurrency protocols. This approach aligns with the conventional method applied when dealing with historical assets on Ethereum. Notably, other well-established digital assets, such as CryptoPunks, CryptoKitties, Etheria Tiles, among others, have undergone a very similar wrapping process to facilitate modern day use. WMC/MC can be freely Unwrapped and Wrapped, 1:1, by anyone at anytime.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
WMC to DAI values from Today at 4:19 pm
0.5 WMC = 1.25 DAI |
1 WMC = 2.50 DAI |
5 WMC = 12.49 DAI |
10 WMC = 24.98 DAI |
50 WMC = 124.91 DAI |
100 WMC = 249.83 DAI |
500 WMC = 1,249.13 DAI |
1,000 WMC = 2,498.27 DAI |
DAI to WMC values from Today at 4:20 pm
0.5 DAI = 0.2001 WMC |
1 DAI = 0.4003 WMC |
5 DAI = 2.00 WMC |
10 DAI = 4.00 WMC |
50 DAI = 20.01 WMC |
100 DAI = 40.03 WMC |
500 DAI = 200.14 WMC |
1,000 DAI = 400.28 WMC |
WMC to DAI over time
WMC | Today | 24H 3.49% | 1M 5.44% | 1Y -116.59% |
|---|---|---|---|---|
0.5 WMC | 1.25 DAI | 1.21 DAI | 1.18 DAI | 2.71 DAI |
1 WMC | 2.50 DAI | 2.41 DAI | 2.36 DAI | 5.41 DAI |
5 WMC | 12.49 DAI | 12.05 DAI | 11.81 DAI | 27.05 DAI |
10 WMC | 24.98 DAI | 24.11 DAI | 23.62 DAI | 54.11 DAI |
50 WMC | 124.91 DAI | 120.55 DAI | 118.12 DAI | 270.55 DAI |
100 WMC | 249.83 DAI | 241.10 DAI | 236.24 DAI | 541.09 DAI |
500 WMC | 1,249.13 DAI | 1,205.49 DAI | 1,181.18 DAI | 2,705.47 DAI |
1,000 WMC | 2,498.27 DAI | 2,410.97 DAI | 2,362.35 DAI | 5,410.95 DAI |
Frequently asked questions
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.