Maker Price Up 33.3% Over Last Week (MKR)

Maker (MKR) traded 8.3% higher against the U.S. dollar during the 1 day period ending at 21:00 PM ET on June 23rd. One Maker coin can now be purchased for approximately $983.20 or 0.04676008 BTC on major cryptocurrency exchanges. Maker has a total market cap of $961.21 million and approximately $127.14 million worth of Maker was traded on exchanges in the last day. During the last seven days, Maker has traded up 33.3% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • Binance USD (BUSD) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00004758 BTC.
  • BITCOIN ADDITIONAL (BTCA) traded 1.7% lower against the dollar and now trades at $19,983.28 or 0.95038668 BTC.
  • Mammoth (MMT) traded down 0.1% against the dollar and now trades at $1.78 or 0.00008486 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00004758 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded 22.1% higher against the dollar and now trades at $0.59 or 0.00002809 BTC.

About Maker

Maker is a coin. Its launch date was August 15th, 2015. Maker’s total supply is 977,631 coins. Maker’s official Twitter account is @MakerDAO and its Facebook page is accessible here. The official website for Maker is makerdao.com. The Reddit community for Maker is /r/MakerDAO and the currency’s Github account can be viewed here.

According to CryptoCompare, “Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It's token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn). “

Buying and Selling Maker

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

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