|Maker (MKR)||Buy Maker Now|
|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.|
|Change 7d||0.58%||Market Cap||$670 703 072|
|Available supply||977 631 MKR|
|Volume 24h||$19 634 527|
|Updated||Sunday, September 25, 2022 7:00:05AM UTC|
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.
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Sep 16||659.82||658.19||671.63||652 222 181|
|Sep 17||667.85||667.85||685.34||669 684 514|
|Sep 18||687.06||628.71||687.06||617 722 361|
|Sep 19||630.96||612.56||640.03||620 289 156|
|Sep 20||631.42||602.59||631.42||589 110 147|
|Sep 21||607.49||591.39||642.09||578 157 797|
|Sep 22||594.81||593.35||644.37||627 469 473|
|Sep 23||649.10||643.21||675.40||660 287 815|
|Sep 24||670.70||670.70||686.73||661 773 835|
|Sep 25||679.47||679.47||686.74||670 703 072|
* 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.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||82%||28||$19 030.21||-0.32%||-5.10%||$364 618 489 584|
|2||ETH||Ethereum predictions||74.4%||56||$1 326.48||0.13%||-8.81%||$162 515 564 561|
|3||USDT||Tether predictions||91.6%||1||$1.000084||0%||0%||$67 960 431 405|
|4||USDC||USD Coin predictions||94.8%||1||$0.999981||-0.01%||-0.01%||$49 713 550 202|
|5||BNB||Binance Coin predictions||85.2%||17||$276.61||-2.41%||-0.50%||$44 627 031 173|
|6||XRP||XRP predictions||64.8%||72||$0.486640||-3.42%||30.75%||$24 258 385 474|
|7||BUSD||Binance USD predictions||91.2%||1||$1.000205||0.02%||0.07%||$20 521 449 661|
|8||ADA||Cardano predictions||82%||32||$0.454931||-1.45%||-5.80%||$15 571 509 175|
|9||SOL||Solana predictions||84%||31||$33.80||0.27%||0.09%||$11 987 371 735|
|10||STETH||Lido stETH predictions||90.8%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||DOGE||Dogecoin predictions||86.8%||14||$0.063036||-4.59%||2.47%||$8 363 011 604|
|12||DOT||Polkadot predictions||78.8%||43||$6.31||-2.20%||-9.86%||$7 073 245 562|
|13||DAI||Dai predictions||91.2%||1||$1.000136||0.03%||0.02%||$6 930 359 263|
|14||MATIC||Polygon predictions||73.2%||54||$0.761561||-1.51%||-7.49%||$6 651 718 356|
|15||SHIB||SHIBA INU predictions||74.4%||42||$0.000011||1.38%||-3.89%||$6 272 885 542|
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...
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2022 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.