Maker (MKR) Price, Market Cap and Information
| 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 | 44 |
| Current price | $702.18 |
| Change 24h | -2.42% |
| Change 7d | 4.38% | Market Cap | $686 470 906 |
| Available supply | 977 631 MKR |
| Volume 24h | $25 444 019 |
| Updated | Sunday, February 5, 2023 1:00:03PM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
Maker price change 24 hours
Maker Short Term Forecast
| After | Price | Change |
| 1 day | $750.12 | 6.83% |
|---|
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, $ |
|---|---|---|---|---|
| Jan 27 | 658.15 | 646.34 | 668.60 | 650 908 019 |
| Jan 28 | 670.89 | 649.81 | 684.46 | 636 738 214 |
| Jan 29 | 654.24 | 654.24 | 674.20 | 657 212 880 |
| Jan 30 | 674.95 | 628.82 | 676.91 | 615 399 197 |
| Jan 31 | 634.41 | 634.41 | 657.02 | 637 482 802 |
| Feb 01 | 653.98 | 627.41 | 667.94 | 652 994 800 |
| Feb 02 | 668.69 | 668.69 | 704.03 | 662 931 389 |
| Feb 03 | 671.52 | 670.71 | 694.67 | 679 133 508 |
| Feb 04 | 696.47 | 691.86 | 722.90 | 693 091 758 |
| Feb 05 | 701.05 | 699.86 | 713.68 | 686 470 906 |
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 |  BTC |
Bitcoin predictions | 62% | 76 | $23 245.06 | -0.67% | -1.07% | $448 215 363 984 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 70.4% | 57 | $1 649.98 | -0.90% | 2.45% | $201 913 823 772 |  |
|
| 3 |  USDT |
Tether predictions | 94.8% | 1 | $1.000242 | 0.01% | 0% | $68 081 088 023 |  |
|
| 4 |  BNB |
Binance Coin predictions | 78.8% | 38 | $330.03 | 0.12% | 4.56% | $52 111 151 986 |  |
|
| 5 |  USDC |
USD Coin predictions | 93.6% | 1 | $0.999630 | -0.04% | -0.04% | $41 975 476 278 |  |
|
| 6 |  XRP |
XRP predictions | 75.2% | 42 | $0.407147 | -1.05% | -1.24% | $20 682 712 207 |  |
|
| 7 |  BUSD |
Binance USD predictions | 94.4% | 1 | $1.000002 | -0.02% | -0.02% | $16 258 300 058 |  |
|
| 8 |  ADA |
Cardano predictions | 70% | 64 | $0.395468 | -1.61% | 1.39% | $13 686 825 295 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 71.6% | 51 | $0.093562 | -0.49% | 4.31% | $12 412 982 136 |  |
|
| 10 |  MATIC |
Polygon predictions | 68.4% | 67 | $1.22 | -0.49% | 4.26% | $10 662 953 667 |  |
|
| 11 |  STETH |
Lido stETH predictions | 94% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 12 |  SOL |
Solana predictions | 59.2% | 86 | $23.86 | -3.04% | -2.86% | $8 889 364 349 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 64.8% | 73 | $0.000015 | 4.49% | 21.57% | $8 029 262 331 |  |
|
| 14 |  DOT |
Polkadot predictions | 67.6% | 66 | $6.74 | -2.85% | 2.41% | $7 777 843 515 |  |
|
| 15 |  HEX |
HEX predictions | 68% | 60 | $0.041057 | -9.25% | 52.42% | $7 119 677 926 |  |
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...
