Bitcoin
BTC$26 369.00

0.56%

Ethereum
ETH$1 605.70

0.98%

Tether
USDT$0.999243

-0.03%

Binance Coin
BNB$212.12

-0.04%

XRP
XRP$0.499643

-0.38%

USD Coin
USDC$1.000070

0.01%

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 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 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, $
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 Bitcoin (BTC) BTC Bitcoin predictions 92% 4 $26 369.00 0.56% -2.24% $514 139 107 500 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 94% 6 $1 605.70 0.98% -0.76% $193 061 640 768 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $0.999243 -0.03% -0.08% $83 208 140 396 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 90.4% 4 $212.12 -0.04% -0.98% $32 634 766 460 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 89.6% 8 $0.499643 -0.38% -3.01% $26 637 136 198 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92% 1 $1.000070 0.01% 0.01% $25 484 391 434 USDC 7 days price change
7 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
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 88.8% 20 $0.085255 1.04% 0.78% $8 668 426 443 WTRX 7 days price change
9 Cardano (ADA) ADA Cardano predictions 92.4% 8 $0.244488 -0.17% -2.71% $8 588 498 037 ADA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 93.6% 6 $0.060603 -0.04% -3.05% $8 556 370 845 DOGE 7 days price change
11 Solana (SOL) SOL Solana predictions 88% 22 $19.27 1.43% -3.80% $7 951 021 232 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 86% 18 $0.085514 0.55% 1.15% $7 618 867 556 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 59.2% 84 $2.15 1.29% -10.03% $7 364 651 373 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 92.4% 1 $0.999758 0.03% 0.06% $5 346 596 495 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 88.8% 11 $4.00 -0.05% -3.40% $4 930 596 420 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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