Bitcoin
BTC$56 268.54

9.76%

Ethereum
ETH$3 221.29

4.16%

Tether
USDT$1.000545

0.05%

Binance Coin
BNB$397.98

2.31%

Solana
SOL$111.02

7.09%

XRP
XRP$0.554224

2.86%

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 13
Current price $2 125.44
Change 24h 2.63%
Change 7d 0.33%
Market Cap $1 962 377 972
Available supply 923 281 MKR
Volume 24h $66 115 601
Updated Tuesday, February 27, 2024 9:00:09AM UTC
Nature Token
Mineable No
Discussion
WWW Website

Maker price change 24 hours

Maker Short Term Forecast

After Price Change
1 day $2 091.19 -1.61%

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, $
Feb 18 2 130.67 2 102.44 2 182.02 2 014 590 292
Feb 19 2 172.97 2 171.05 2 222.85 2 014 760 327
Feb 20 2 159.69 2 081.84 2 159.69 1 963 501 530
Feb 21 2 129.17 2 004.94 2 129.17 1 872 116 583
Feb 22 2 051.05 2 017.26 2 066.63 1 880 141 835
Feb 23 2 025.02 1 962.57 2 032.39 1 828 308 502
Feb 24 1 987.96 1 985.57 2 074.61 1 875 780 304
Feb 25 2 042.20 2 023.18 2 050.60 1 887 921 193
Feb 26 2 050.57 2 040.79 2 092.90 1 931 861 608
Feb 27 2 103.95 2 097.15 2 155.15 1 962 377 972

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 60.4% 79 $56 268.54 9.76% 8.70% $1 105 056 355 581 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 59.6% 81 $3 221.29 4.16% 10.49% $387 050 238 819 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $1.000545 0.05% 0.12% $98 117 032 200 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 64% 69 $397.98 2.31% 11.72% $59 515 671 450 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 75.6% 44 $111.02 7.09% 1.69% $49 106 979 986 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 84% 22 $0.554224 2.86% -1.61% $30 257 460 569 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 92.8% 1 $1.000039 0.01% 0.02% $28 537 011 026 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 68.8% 67 $0.619217 6.09% -0.60% $21 964 701 688 ADA 7 days price change
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11 TRON (TRX) TRX TRON predictions 71.6% 61 $0.140867 2.15% 2.73% $12 396 268 852 TRX 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 70.4% 61 $0.140599 2.12% 2.89% $12 372 755 252 WTRX 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 72.8% 46 $19.04 3.04% -2.39% $11 175 771 568 LINK 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 74.4% 52 $8.10 4.73% 4.17% $10 398 739 367 DOT 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 93.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 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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