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RE: NY regulator approves Winklevoss bid to trade digital currency ether

in #beyondbitcoin8 years ago

I am interested to see the trading volume of ETH/USD at Gemini over the next 2-3 days as "The DAO"(https://daohub.org) Ethereum based crowd sales for the DAO that will fund Slock.it (https://slock.it) and other project/proposals will have a price increase of 5% in 3 days time!, for the next 9 days following that the cost of 100 DAO tokens will increase by .05 ETH, before flat lining again at 1.5 ETH / 100 DAO tokens (current price: 1 ETH = 100 DAO tokens). Therefore any USD Investors that need and entry would be better to do so sooner rather than later.

The DAO crowdsale price:


Given the price has been fixed for the last 14 day there has been no rush to get in as price is fixed; i think a lot of people recognised this and have been biding their time waiting for the most competitive price of Ether before diving into the crowd sale.

Gemini doesn't seem to offer volume stats on their website unless you are logged in; but they do have a public API which exposes the volume traded. At the moment this is 6500+ USD in the past 24hours.

ETH/USD Volume and Gemini:

As you can see from the stats below,'The DAO' has been a very large crowd sale raising 36+ Million USD and still 17 days remaining.

'The DAO' Current Stats:

*DAO TOKENS CREATED: 384.33 Million DAO
*TOTAL ETH: 3.84 Million ETH
*USD EQUIVALENT: 36.09 Million USD
*CURRENT RATE: 1 ETH / 100 DAO TOKENS
*UNTIL NEXT PRICE CHANGE: 3 days
*Days Left: 17 days (ENDS 28 MAY 09:00 GMT)

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