Maker (MKR) Trading Up 6.2% This Week

Maker (MKR) traded down 1.9% against the dollar during the 24-hour period ending at 18:00 PM E.T. on September 29th. Maker has a market cap of $1.46 billion and approximately $46.68 million worth of Maker was traded on exchanges in the last 24 hours. One Maker token can currently be bought for $1,655.91 or 0.02513967 BTC on major exchanges. In the last seven days, Maker has traded 6.2% higher against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 13.8% against the dollar and now trades at $0.0525 or 0.00000080 BTC.
• P2P Solutions foundation (P2PS) traded 0.3% lower against the dollar and now trades at $172.44 or 0.00261798 BTC.

Maker Token Profile

Maker was first traded on August 15th, 2015. Maker’s total supply is 924,826 tokens and its circulating supply is 880,503 tokens. Maker’s official website is makerdao.com. Maker’s official Twitter account is @makerdao and its Facebook page is accessible here. The Reddit community for Maker is https://reddit.com/r/makerdao and the currency’s Github account can be viewed here.

According to CryptoCompare, “MakerDAO is a Decentralized Autonomous Organization (DAO) and open-source project on the Ethereum blockchain, created in 2014. Its governance token, MKR, is used by people around the world to manage the Maker Protocol and its financial risks. MKR voting power is proportional to the amount of MKR a voter stakes in the voting contract, DSChief. Maker Protocol enables users to create currency and is governed by MKR holders deciding on key parameters (stability fees, collateral types/rates, etc.) The Maker Protocol is the first DeFi application to earn significant adoption. The Maker Foundation is part of the global Maker community and works towards decentralizing the project.”

Buying and Selling Maker

It is usually not possible to purchase alternative cryptocurrencies such as Maker directly using US dollars. Investors seeking to acquire Maker should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Maker using one of the aforementioned exchanges.

MKR/USD price chart by TradingView