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 | 42 |
| Current price | $2 699.13 |
| Change 24h | -0.80% |
| Change 7d | -5.12% | Market Cap | $2 497 844 871 |
| Available supply | 925 426 MKR |
| Volume 24h | $59 147 038 |
| Updated | Tuesday, May 14, 2024 4:01:42PM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
Maker price change 24 hours
Maker Short Term Forecast
| After | Price | Change |
| 1 day | $2 613.35 | -3.18% |
|---|
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 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 | 2 503 098 252 |
| May 13 | 2 692.38 | 2 650.09 | 2 744.79 | 2 493 499 751 |
| May 14 | 2 682.82 | 2 673.86 | 2 702.82 | 2 497 844 871 |
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 | 91.6% | 13 | $61 763.08 | -1.94% | -3.08% | $1 216 622 294 811 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 84.4% | 18 | $2 899.43 | -2.13% | -5.59% | $348 264 650 153 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $0.999351 | -0.06% | -0.06% | $110 774 972 596 |  |
|
| 4 |  BNB |
Binance Coin predictions | 89.6% | 15 | $569.43 | -4.41% | -4.20% | $84 039 737 101 |  |
|
| 5 |  SOL |
Solana predictions | 84.8% | 28 | $143.09 | -3.28% | -7.52% | $64 196 444 845 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 1 | $0.999968 | -0.03% | 0% | $33 096 529 614 |  |
|
| 7 |  XRP |
XRP predictions | 86.8% | 14 | $0.507895 | -0.38% | -6.05% | $28 116 646 891 |  |
|
| 8 |  TON |
Toncoin predictions | 68.8% | 59 | $6.59 | -9.13% | 11.70% | $22 897 109 256 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 78% | 34 | $0.148390 | -2.91% | -5.24% | $21 410 811 071 |  |
|
| 10 |  ADA |
Cardano predictions | 84.4% | 19 | $0.435340 | -2.37% | -3.88% | $15 528 979 325 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 74.8% | 45 | $0.000023 | -2.98% | -2.03% | $13 737 416 981 |  |
|
| 12 |  AVAX |
Avalanche predictions | 80% | 34 | $32.13 | -3.67% | -12.87% | $12 264 188 209 |  |
|
| 13 |  TRX |
TRON predictions | 76.8% | 37 | $0.125149 | -0.76% | 3.83% | $10 946 982 038 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 78.8% | 37 | $0.124969 | -1.02% | 3.34% | $10 931 210 592 |  |
|
| 15 |  STETH |
Lido stETH predictions | 90.8% | 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...
