Maker (MKR) | Buy Maker Now |
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Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token - the Dai - against the U.S. Dollar. | |
CVIX | 63 |
Current price | $3 063.19 |
Change 24h | -5.32% |
Change 7d | -8.59% | Market Cap | $2 832 583 517 |
Available supply | 924 717 MKR |
Volume 24h | $121 801 964 |
Updated | Thursday, April 18, 2024 7:00:07PM UTC |
Nature | Token |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $2 788.00 | -8.98% |
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General MKR facts, technical details and Maker Cryptocurrency information
The Maker project is based on the Ethereum blockchain and aims to create a number of decentralized tokens, tied to the value of fiat money. The cryptocurrency platform was launched in 2015. Its main goal is to create decentralized tokens, the value of which is tied to real assets (in particular, fiat currencies and precious metals). Within the framework of the platform, a corresponding exchange is also being developed, based on smart ether contracts and providing access to margin trading based on collateral positions.
Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token - the Dai - against the U.S. Dollar.
The first stable cryptocurrency launched within the framework of the Maker platform was Dai digital currency. Dai's launch took place in December 2017, the exchange rate is pegged to the US dollar in a 1:1 ratio. At the same time, developers allow deviations in both directions in the range of 5% - this indicator is considered normal in fiat currency trading pairs. MKR has one fundamental difference from other cryptocurrencies - the token can change its value in order to maintain the cryptocurrency parity of the internal stablecoin. It is impossible to mine Maker cryptocurrency.
Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.
The developers themselves issued 1 million tokens and most of them have already been launched into the system. You can buy Maker tokens only on the cryptocurrency exchange. The bulk of trading is conducted on three not-so-well-known venues: KyberNetwork (paired with ETH, 14% of trades), Ethfinex (with USD, 12%) and Bitinka (with EUR, 10%). But the coin is also presented on popular exchanges: OKEx, HitBTC, Gate.io, KuCoin.
MKR tokens are also used to pay transaction fees on the Maker system, and provides holders with voting rights within Maker’s continuous approval voting system.
Maker is a smart contract platform on the Ethereum chain that backs and stabilizes the value of stablecoin DAI through a dynamic system of Collateralized Debt Positions (CDP), autonomous feedback mechanisms, and appropriately incentivized external actors. MKR tokens are created or destroyed in accordance with price fluctuations of the DAI coin in order to keep it as close to $1 USD as possible, and is part of a fully inspectable system on the Ethereum blockchain.
Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
---|---|---|---|---|
Apr 06 | 3 680.48 | 3 680.48 | 3 744.19 | 3 442 568 656 |
Apr 07 | 3 707.60 | 3 592.25 | 3 730.68 | 3 344 006 115 |
Apr 08 | 3 638.99 | 3 553.56 | 3 822.86 | 3 474 042 641 |
Apr 09 | 3 737.62 | 3 411.24 | 3 737.62 | 3 167 623 327 |
Apr 10 | 3 394.79 | 3 325.89 | 3 412.19 | 3 080 433 814 |
Apr 11 | 3 338.38 | 3 334.57 | 3 372.47 | 3 118 552 472 |
Apr 15 | 3 074.71 | 3 035.77 | 3 096.24 | 2 849 990 922 |
Apr 16 | 3 076.92 | 3 024.35 | 3 303.77 | 3 055 024 055 |
Apr 17 | 3 264.79 | 3 140.61 | 3 275.83 | 2 930 609 138 |
Apr 18 | 3 144.13 | 3 063.19 | 3 227.53 | 2 832 583 517 |
* Crypto Rating accepts no liability for any errors in the Maker information, MKR Prices and MKR's Market Cap. For the most up-to-date prices please visit the Maker's official website.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 84.8% | 29 | $63 099.22 | 2.66% | -9.99% | $1 242 187 762 438 | ||
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2 | ETH | Ethereum predictions | 76.4% | 38 | $3 053.21 | 0.86% | -12.89% | $366 605 291 402 | ||
3 | USDT | Tether predictions | 92.8% | 1 | $1.000411 | 0.04% | 0.04% | $109 076 823 345 | ||
4 | BNB | Binance Coin predictions | 85.6% | 26 | $548.44 | 2.63% | -8.99% | $82 010 740 516 | ||
5 | SOL | Solana predictions | 75.6% | 42 | $138.79 | 2.38% | -20.67% | $61 999 363 989 | ||
6 | USDC | USD Coin predictions | 92.8% | 2 | $1.000004 | 0% | 0% | $32 857 095 607 | ||
7 | XRP | XRP predictions | 77.2% | 44 | $0.500321 | -0.03% | -18.00% | $27 577 641 980 | ||
8 | TON | Toncoin predictions | 74.4% | 54 | $6.34 | 2.79% | -12.21% | $21 991 971 723 | ||
9 | DOGE | Dogecoin predictions | 67.2% | 60 | $0.149573 | -0.46% | -22.17% | $21 529 334 369 | ||
10 | ADA | Cardano predictions | 76.4% | 51 | $0.450898 | -0.16% | -22.30% | $16 061 787 148 | ||
11 | SHIB | SHIBA INU predictions | 62.4% | 85 | $0.000023 | 1.57% | -17.57% | $13 312 206 535 | ||
12 | AVAX | Avalanche predictions | 68.4% | 64 | $34.59 | -0.41% | -25.00% | $13 074 834 927 | ||
13 | STETH | Lido stETH predictions | 94% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
14 | WBTC | Wrapped Bitcoin predictions | 82.4% | 29 | $63 081.26 | 2.39% | -10.04% | $9 801 801 086 | ||
15 | DOT | Polkadot predictions | 76.8% | 50 | $6.72 | 0.48% | -18.80% | $9 637 389 287 |
The Maker Foundation has returned 84,000 MKR to the project’s DAO in a major milestone for the protocol’s road to decentralization. The MakerDAO Foundation has returned...
Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized. Stablecoins have become a significant...
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