Bitcoin
BTC$63 099.22

2.66%

Ethereum
ETH$3 053.21

0.86%

Tether
USDT$1.000411

0.04%

Binance Coin
BNB$548.44

2.63%

Solana
SOL$138.79

2.38%

USD Coin
USDC$1.000004

0%

Maker (MKR) Price, Market Cap and Information


Maker (MKR) Buy Maker Now
Maker (MKR) 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

Maker price change 24 hours

Maker Short Term Forecast

After Price Change
1 day $2 788.00 -8.98%

Maker Price Predictions

Maker General Information

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. 

Maker Historical Data – 10 days

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

MKR/USD Price Charts

MKR to USD price chart – 7 days
MKR to USD price chart – 30 days
MKR to USD price chart – 60 days
MKR to USD price chart – 6 months

* 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.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 84.8% 29 $63 099.22 2.66% -9.99% $1 242 187 762 438 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 76.4% 38 $3 053.21 0.86% -12.89% $366 605 291 402 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.8% 1 $1.000411 0.04% 0.04% $109 076 823 345 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 85.6% 26 $548.44 2.63% -8.99% $82 010 740 516 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 75.6% 42 $138.79 2.38% -20.67% $61 999 363 989 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92.8% 2 $1.000004 0% 0% $32 857 095 607 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 77.2% 44 $0.500321 -0.03% -18.00% $27 577 641 980 XRP 7 days price change
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12 Avalanche (AVAX) AVAX Avalanche predictions 68.4% 64 $34.59 -0.41% -25.00% $13 074 834 927 AVAX 7 days price change
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15 Polkadot (DOT) DOT Polkadot predictions 76.8% 50 $6.72 0.48% -18.80% $9 637 389 287 DOT 7 days price change

News, Promo

MKR
Maker Foundation returns dev fund to DAO amid path to decentralization

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...

04 May 2021
MKR
Shift toward full decentralization pushes Maker (MKR) price above $4K

Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized. Stablecoins have become a significant...

16 Apr 2021

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