Maker (MKR) Price, Market Cap and Information
| 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. |
| CVIX | 36 |
| Current price | $2 699.74 |
| Change 24h | -0.98% |
| Change 7d | -7.83% | Market Cap | $2 498 415 249 |
| Available supply | 925 426 MKR |
| Volume 24h | $41 768 636 |
| Updated | Sunday, May 12, 2024 8:00:06PM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
Maker price change 24 hours
Maker Short Term Forecast
| After | Price | Change |
| 1 day | $2 526.10 | -6.40% |
|---|
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, $ |
|---|---|---|---|---|
| May 03 | 2 769.06 | 2 712.70 | 2 965.83 | 2 744 335 513 |
| May 04 | 2 961.42 | 2 876.63 | 2 961.42 | 2 661 805 120 |
| May 05 | 2 871.62 | 2 861.53 | 2 939.65 | 2 697 321 748 |
| May 06 | 2 916.31 | 2 796.17 | 2 961.27 | 2 589 280 882 |
| May 07 | 2 784.91 | 2 784.91 | 2 847.08 | 2 620 146 169 |
| May 08 | 2 813.71 | 2 681.11 | 2 813.71 | 2 481 171 503 |
| May 09 | 2 694.64 | 2 675.70 | 2 758.10 | 2 552 420 813 |
| May 10 | 2 749.05 | 2 643.13 | 2 749.05 | 2 459 520 740 |
| May 11 | 2 673.43 | 2 660.51 | 2 726.39 | 2 499 496 457 |
| May 12 | 2 704.91 | 2 686.00 | 2 715.79 | 2 498 415 249 |
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 | 89.2% | 13 | $61 372.42 | 0.43% | -3.93% | $1 208 879 386 597 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 86% | 18 | $2 928.56 | 0.04% | -6.85% | $351 752 317 709 |  |
|
| 3 |  USDT |
Tether predictions | 92.8% | 1 | $0.999794 | 0.02% | -0.03% | $110 817 126 110 |  |
|
| 4 |  BNB |
Binance Coin predictions | 85.2% | 15 | $597.80 | 0.73% | 0.88% | $88 227 768 337 |  |
|
| 5 |  SOL |
Solana predictions | 84.4% | 29 | $144.93 | -0.94% | -0.80% | $65 008 015 414 |  |
|
| 6 |  USDC |
USD Coin predictions | 95.6% | 1 | $1.000074 | 0.01% | 0% | $33 130 841 095 |  |
|
| 7 |  XRP |
XRP predictions | 91.6% | 13 | $0.501352 | -1.01% | -5.45% | $27 754 438 188 |  |
|
| 8 |  TON |
Toncoin predictions | 76.4% | 50 | $7.00 | 1.24% | 19.42% | $24 326 143 633 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 83.2% | 32 | $0.140955 | -2.56% | -13.23% | $20 334 781 770 |  |
|
| 10 |  ADA |
Cardano predictions | 86% | 16 | $0.438287 | -0.63% | -4.83% | $15 631 233 689 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 78.8% | 44 | $0.000022 | -1.14% | -9.29% | $13 213 799 023 |  |
|
| 12 |  AVAX |
Avalanche predictions | 83.2% | 31 | $33.44 | -1.00% | -10.20% | $12 759 809 769 |  |
|
| 13 |  TRX |
TRON predictions | 80.4% | 31 | $0.126997 | 0.17% | 4.97% | $11 109 809 933 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 80.8% | 31 | $0.126735 | 0.32% | 4.45% | $11 086 871 787 |  |
|
| 15 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
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...
