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 | 75 |
| Current price | $1 486.60 |
| Change 24h | 5.51% |
| Change 7d | 10.83% | Market Cap | $1 453 343 375 |
| Available supply | 977 631 MKR |
| Volume 24h | $123 729 124 |
| Updated | Thursday, September 28, 2023 3:00:04AM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
Maker price change 24 hours
Maker Short Term Forecast
| After | Price | Change |
| 1 day | $1 627.91 | 9.51% |
|---|
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, $ |
|---|---|---|---|---|
| Sep 19 | 1 238.26 | 1 237.01 | 1 274.02 | 1 245 521 830 |
| Sep 20 | 1 288.85 | 1 281.80 | 1 348.18 | 1 313 214 562 |
| Sep 21 | 1 345.29 | 1 300.59 | 1 359.32 | 1 276 972 372 |
| Sep 22 | 1 305.82 | 1 275.70 | 1 305.82 | 1 249 848 388 |
| Sep 23 | 1 273.19 | 1 270.35 | 1 286.77 | 1 256 598 568 |
| Sep 24 | 1 288.52 | 1 269.61 | 1 291.45 | 1 246 646 089 |
| Sep 25 | 1 271.68 | 1 271.68 | 1 311.85 | 1 282 502 126 |
| Sep 26 | 1 316.48 | 1 315.82 | 1 421.88 | 1 386 002 234 |
| Sep 27 | 1 425.87 | 1 408.95 | 1 512.94 | 1 479 099 453 |
| Sep 28 | 1 496.18 | 1 486.60 | 1 516.30 | 1 453 343 375 |
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 | 92% | 4 | $26 369.00 | 0.56% | -2.24% | $514 139 107 500 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 94% | 6 | $1 605.70 | 0.98% | -0.76% | $193 061 640 768 |  |
|
| 3 |  USDT |
Tether predictions | 94% | 1 | $0.999243 | -0.03% | -0.08% | $83 208 140 396 |  |
|
| 4 |  BNB |
Binance Coin predictions | 90.4% | 4 | $212.12 | -0.04% | -0.98% | $32 634 766 460 |  |
|
| 5 |  XRP |
XRP predictions | 89.6% | 8 | $0.499643 | -0.38% | -3.01% | $26 637 136 198 |  |
|
| 6 |  USDC |
USD Coin predictions | 92% | 1 | $1.000070 | 0.01% | 0.01% | $25 484 391 434 |  |
|
| 7 |  STETH |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 8 |  WTRX |
Wrapped TRON predictions | 88.8% | 20 | $0.085255 | 1.04% | 0.78% | $8 668 426 443 |  |
|
| 9 |  ADA |
Cardano predictions | 92.4% | 8 | $0.244488 | -0.17% | -2.71% | $8 588 498 037 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 93.6% | 6 | $0.060603 | -0.04% | -3.05% | $8 556 370 845 |  |
|
| 11 |  SOL |
Solana predictions | 88% | 22 | $19.27 | 1.43% | -3.80% | $7 951 021 232 |  |
|
| 12 |  TRX |
TRON predictions | 86% | 18 | $0.085514 | 0.55% | 1.15% | $7 618 867 556 |  |
|
| 13 |  TON |
Toncoin predictions | 59.2% | 84 | $2.15 | 1.29% | -10.03% | $7 364 651 373 |  |
|
| 14 |  DAI |
Dai predictions | 92.4% | 1 | $0.999758 | 0.03% | 0.06% | $5 346 596 495 |  |
|
| 15 |  DOT |
Polkadot predictions | 88.8% | 11 | $4.00 | -0.05% | -3.40% | $4 930 596 420 |  |
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...
