It’s true that Maker was a great disappointment for investors in 2018. MKR price went down from $0.000000 on January 1st 2018 to $458.700 on December 31 2018. However, it is worth monitoring our Maker price prediction algorithm: Maker might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, MKR might be the coin to watch closely now.
The current Maker price is $606.90, its circulating supply is 1 000 000 MKR. Our algorithm predicts that based on historical data Maker price will be at $705.69 in 1 week and $951.61 in 1 month. Our deep learning algorithm predicts the MKR price will be at $949.32 in 6 months. Analysis of the cryptocurrency market shows that Maker price may reach $1 683.84 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that MKR will stay around $1 518.55 in 2019, $1 683.84 in 2020, $1 777.66 in 2021, $2 039.52 in 2022 and $2 268.36 in 2023.
While creating the Maker prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $949.32 and lowest possible predicted price is $716.38.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Maker has the potential to stay within "survivors" team. Our Maker short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Maker Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Maker forecast updated daily. You can also check other cryptocurrency price prediction here.
|1 year||$1 518.55||150.21%|
|1 year||$1 518.55||150.21%|
|2 years||$1 683.84||177.45%|
|3 years||$1 777.66||192.91%|
|4 years||$2 039.52||236.05%|
|5 years||$2 268.36||273.76%|
What is the current price of Maker (MKR)?
The current price of Maker is $606.90.
What is the current market capitalization of Maker (MKR)?
The current market capitalization of Maker is $606 904 457.
What will be the price of Maker (MKR) Tomorrow?
Our algorithm forecasts that the price of Maker will reach $625.40 tomorrow.
In 1 year from now what will 1 Maker be worth?
As per the forecast and algorithmic analysis, the the price of 1 Maker will be around $1 518.55.
Is it profitable to invest in Maker (MKR)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Maker (MKR) as a short term investment. Maker can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Maker be growing in the Future?
Maker is potentially one of the most profitable among digital coins.
How high can the Price of Maker go?
Our algorithm forecasts that the price of Maker will reach $2 268.36 by 2023.
Is Maker (MKR) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Maker now.
MKR is about to pull the biggest coupe in crypto history. This coin is going to take all the business from Tether in due time. The main reason for this is because as ETH continues to grow, more people will begin realizing that they can take out collateral on MKR and DAI. This is going to drive so much demand that the price of MKR might even rise, considering it's stayed put for so long now. MKR is in an excellent position and only needs to gain a bit more awareness.
I don't understand the point of MKR at the moment. If it's a stable coin why does the price fluctuate so much. I feel like it defeats the purpose of a stable coin that you can use as a bridge when crossing digital currencies. MKR is down 5% on the weekly, so I just don't get how anyone would trust the as a storage point for their fiat or crypto.
MKR DAI offers something that no other stable coin can. It offers Ethereum users to put up ETH as collateral to margin trade on the MKR network. Not many people know about this function, let alone even know what the MKR network is. Crypto needs a legitimate stablecoin besides Tether. There are other stablecoins out there like USDC and Gemini Dollar, but MKR is actually built by the community for the community.
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