DOLA
DOLA#361 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
DOLA is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9972, #356 of all coins by size, 47% below its highest ever price.
This week Nothing changed on its record.
No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #9 of 39 crypto-backed stablecoins. Nothing to be careful of on the record.
Is it real?
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0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
No named backer
- Origin13 November 2021about about 4 yearsinverse.finance, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorNot on a big exchange we track
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in Crypto-backed Stablecoin ($10.42M). To match the leader, Dai ($4.59B), its price would need to rise 6443%, to about $65.25.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Listed on fewer than two big exchanges
- No named investor among its tags
- Only 0 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
A stable digital dollar
194 coins tagged Stablecoins, worth $309.33B together. #52 of 194 by worth.
Crypto-backed Stablecoin: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
DOLA$70.1Mthis coin−0.0%no maxno record
Dai$4.59B65.4× bigger, +$4.52B−0.0%, gap +0.0no maxnone dated
USDD$1.51B21.5× bigger, +$1.44B−0.0%, gap −0.0no maxnone dated
Falcon USD$1.34B19.1× bigger, +$1.27B−0.0%, gap −0.0no maxno record
GHO$698.14M10.0× bigger, +$628.04M+0.0%, gap +0.0no maxnone dated
crvUSD$203.52M2.9× bigger, +$133.42M+0.0%, gap +0.0no maxnone dated
f(x) Protocol fxUSD$83.46M1.2× bigger, +$13.35M+0.0%, gap +0.0no maxnone dated
Lista USD$75.1M1.1× bigger, +$5M+0.0%, gap +0.0no maxno record
Crypto-backed Stablecoin: this coin next to Dai, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- DOLA says
- DOLA is the asset and debt backed decentralized stablecoin of Inverse Finance.
- Dai says
- The project describes Dai as a currency that keeps a steady value, is not run by one central company, and can be used by anyone.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
DOLA is the asset and debt backed decentralized stablecoin of Inverse Finance
Problem it says it solves: a stable digital dollar. 194 coins are working on it and together they are worth $309,327,253,815. This coin is 0% of that.
Where it trades: Uniswap V4, Curve, Uniswap V2, Uniswap V3, Velodrome Finance
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Crypto-backed Stablecoin: this coin next to the group's largest, Dai.
| DOLA | Dai | |
|---|---|---|
| Years trading | 5 years | 7 years |
| Major exchanges | 0 | 2 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 2 |
| Promises delivered | no record | no record |
What it says is different: DOLA is the asset and debt backed decentralized stablecoin of Inverse Finance
It is 1.5% the size of Dai. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $1.87 on 13 November 2021. Today is 53% of that.
68%
of all DOLA that will ever exist is already out in public hands: 70.3M coins.
32% (33.57M coins) is not yet created or held by the project. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- 70.3Min circulation of 103.87M total. No hard maximum is set, so more can be created.
- 1.5×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $1.87 on 13 November 2021. That is −46.7% from the top.
- #356by market cap, $70,103,107.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Nothing in the news this month.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy