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Maker

MKR

Maker Market Stats

Maker Price

$22,014.48

Maker Price Change (24H)

$22,014.48

Maker Price (24H Low)

$22,014.48

Maker Price (24 High)

$22,014.48

Maker Price (All Time High)

$22,014.48

Maker Market Cap

$22,014.48

Maker Volume (24H)

$22,014.48

Maker Circulating Supply

$22,014.48

Maker Price Live Data

The live [Bitcoin] price today is [$20,014.48] with a 24-hour trading volume of [$44.6b]. The [BTC] price is updated in real-time. [Bitcoin] is [up/down] [45.77%] in the last 24 hours. The current [Bitcoin] live market cap is [$189,3B] with a circulating supply of [121.3M] [BTC] coins and a max supply of [21,000,000] [BTC] coins.

Looking to buy [Bitcoin] at the current rate? The best cryptocurrecny exchanges for trading for [Bitcoin] stocks and coins are Bitbuy, CoinSmart, NetCoins, Netwon, and Crypto.com; you can find other [Bitcoin]-[BTC] exchanges on our best crypto exchange, best crypto exchange in Canada and best crypto exchange in the USA pages.

What is Maker (MKR)?

Maker (MKR) is an ERC-20 token representing an investment in the Maker platform. It is the network’s primary utility and governance token.

Maker is an Ethereum-based autonomous organization (DAO) that allows anyone to lend and borrow cryptocurrency without a credit check. The platform uses stablecoin and advanced smart contracts to accomplish this goal on the network.

Maker is one of the most prominent ETH-based platforms and one of the first tradable Ethereum tokens. More than 2.1 million ETH in Maker CDP contracts are currently locked up.

Maker Coin -Comparewise

Who Created Maker (MKR)?

MakerDAO launched the Maker (MKR) token to support the DAI token’s stability and enable the DAI Credit System’s governance. The MKR holders make the most important decisions about the system’s operation and development.

MKR and DAI are two of MakerDAO’s tokens. The DAI is a stablecoin that aims to establish a new financial system and an alternative to volatile cryptocurrencies. The MKR, on the other hand, helps stabilize DAI and functions as the governance token.

How Does Maker (MKR) Work?

Maker tokens serve primarily as a voting tool for the protocol changes and Dai’s leadership. Each ticket equals one vote when MKR tokens are locked in a voting contract. Before developers make any changes in the space, token holders must cast a series of votes in favour of the proposed change.

MKR holders can use Proposal Polling to understand others’ feelings about a proposal before modifying the blockchain’s code. MKR holders are the only ones allowed to vote on ideas submitted by anyone. They then determine the results by the quantity of MKR tokens pledged to the particular proposal. Furthermore, threads in the MakerDAO forum allow non-MKR holders to cast a third form of vote.

For example, if ten token holders support Proposal A with ten tokens while five holders support Proposal B with 15 tokens, the latter wins. This is because there are more MKR tokens in favour of Proposal B. In a vote, only the total number of tokens cast matters, not the number of people who hold a token.

Once they conclude the proposal pool, they carry out a procedure known as Executive Voting. This voting allows anybody who has MKR tokens to vote on important issues. An Executive Vote changes the Maker protocol’s code to reflect the proposal that wins.

Is Maker (MKR) a Good Investment?

MKR is a great asset to add to your portfolio. For one, its protocol is one of the most secure in the DeFi market. The protocol has invested in several internet security infrastructures, such as two-factor authentication. Despite this, the network is constantly working to improve its security.

Furthermore, MKR is one of the protocols that aim to bring complete transparency to the DeFi market. A third-party auditor isn’t going to take care of you as an investor. You can track the whole MKR network on the MKR blockchain without relying on third-party reporting.

Maker is a lending protocol where DAI holders can lend to others and receive interest. It’s possible to earn interest merely by keeping DAI on the platform. MKR holds about 2.14 percent of the Ethereum, and more than $17.9 billion in investment has been made by Maker or MKR in the DeFi ecosystem.

You can convert your DAI into other assets and use the growth of those assets to your advantage. Crypto fans are drawn to this project because of the potential benefits and the fact that the protocol is decentralized. There are several reasons to consider investing in Maker MKR in the current market but be sure to analyze the stock’s performance first.

FAQs about Maker (MKR)

How many Maker (MKR) coins are there?

The total supply of Maker tokens depends on the market conditions. Presently, there are about 1 million MKR in existence. It has a market capitalization of more than $3 Billion.

How Are Maker (MKR) Coins Secured?

The Maker DAO (decentralized autonomous organization) has this cryptocurrency locked up and protected by smart contracts.

What can you use Maker (MKR) Coins for?

Voting on Maker Platform improvements earns you tokens. Maker tokens can be readily exchanged and used for online payments. Maker tokens could also be suitable investments because they’ve shown good returns in the past.

Maker News

Loan Amount

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Loan Amount

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Best Maker Wallets

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Manage multiple wallets in one platform
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IOTA
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Maker Analysis

Maker (MKR) Analysis Summary

Analysis of Maker’s historical price data using deep artificial intelligence-assisted technical analysis indicates a bullish movement in the future. According to PricePredictor.net, the price of one Maker is predicted to be $4,928.60 by 2025. With an average price of $5,107.85, the MKR price can rise to $6,055.72 in 2025.

Analysts at thenewscrypto.com confirm this bullish prediction. According to them, if Maker (MKR) continues to hold critical resistance levels over the next three years, MKR is expected to rise to $6500 on the market.

In 2026, the maker price is expected to rise to a minimum of $7,237.84. According to research by analysts at Pricepredictor.net, the MKR’s price could rise as high as $8,566.14 with an average predicted value of $7,493.23. Analysts at thenewscrypto.com also agree with this prediction as they anticipate the price to hit $7,000.

Maker MKR appears to have another good year ahead of it in 2027. Crypto experts predict this coin will be worth a minimum of $10,587.17. The Maker price can go as high as $12,494.86 in USD, but it usually trades at around $10,886.90. However, analysts at thenewcrypto.com don’t seem so optimistic about MKR’s bullish run in 2027 as they predict the price to appreciate by $700 from their 2026 prediction.

Analysis Q&As

What is Maker price today?

Maker price today is [price] within 24-hour trading volume of [Volume].

What was the highest price for Maker?

Maker hit an all time high of [All High].

What was the lowest price for Maker?

Maker had an all time low of [All Low].

What was the 24 hours trading volume of Maker?

The 24 hour trading volume of Maker is [Volume].

Where can Maker be traded?

You can trade Maker on Crypto.com, Kraken, Binance, and FTX. The popular trading pairs for Maker in the market includes MKR/USD, Maker/CAD, Maker/EUR, Maker/GBP, and Maker/AUD. Maker is a token that is related to the DeFi... categories.

What exchange is Maker on?

Online traders can buy or sell Maker (MKR) on the top crypto exchange, such as Crypto.com, Kraken, Binance, and FTX.

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Maker Technicals

See Comparewise coin rating definitions for more information.

Maker Price Statistics
Maker Price Today

08/16/2022

Maker Price

$22,014.48

Maker Price Change (24H)

$22,014.48

Maker Price (24H Low)

$22,014.48

Maker Price (24H High)

$22,014.48

Maker Price (All Time High)

$22,014.48

Maker Market Cap

$22,014.48

Maker Volume (24H)

$22,014.48

Maker Circulating Supply

$121.3M

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