- Cryptocurrencies : 20,067
- Markets : 59,667
- Market Cap : $905,273,856,906.45
- 24h Vol : $61,782,457,052.06
- Dominance : BTC:42.77%
- ETH Gas : 124 Gwei
Maker Price - MKR Price in USD with Live Chart
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MKR to USD Price Chart
Maker (MKR) Markets
MKR Price Current Data
Maker price today is $924.63 USD, which is Down by -4.52% over the last 24 hours. There has been an hourly Dip by -0.44%. Maker's market cap currently sits at $903,945,354.97 USD, holding up for a market cap rank at #49. The volume were at $182,555,465.92 USD Maker ranks no 49 in the market capitalization of Maker is at $903,945,354.97 and its volume for 24 hours is $182,555,465.92. Maker are under circulation, with total supply of 977.63K and the Maximum supply of 1.01M.
About Maker
Maker(MKR) is known as the world's first unbiased cryptocurrency that will not be distinguished. Maker(MKR) is an Ethereum(ETH) based MakerDAO (Decentralised Autonomous Organisation) that allows investors to borrow and lead this digital token without any credit checks. In a simple word, MKR is a governance and utility token to handle a decentralized growing and leading platform. Maker is an ERC-20 native token for the maker protocol. This individual token is based on famous blockchain technology and allows international payment with P2P transfer. Here, DAI's digital currency is a stable coin connected to (MKR) Maker. Furthermore, Defi projects which are very well known as the MCD (Multi-Collateral DAI). In this system, you can leverage assets to develop DAI. Maker(MKR) protocol runs on two primary tokens named DAI & MKR. DAI is a stable crypto asset, and MakerDao launched it. The DAI Ethereum (ETH) based crypto aims to keep the token value closed to USD by locking other crypto contracts. DAI is an open-source product called Maker Protocol and a decentralized application that works on Ethereum(ETH).
History of Maker (MKR)?
The Maker protocol came in 2015 by the leader Rune Christensen that allows an investor and borrowers to be part of the Maker Ecosystem. MKR is a demarcated-based network that has converted into a foundation named the Cayman Islands company.
The company made $12 million by selling MKR tokens in the year 2017. In 2018, the worth reached $15 million. In 2019, makers raised around $27.5 million from Dragonfly Capital Partners and venture firms Paradigm to expand Asia.
How to use a maker?
Maker(MKR) token is for voting for management DAI and protocol. One MKR token counts in on a vote when a token is secured in a voting contract.
NKR token also has its value as a source of recapitalization because MKR supply will grow when debt exceeds the overabundance.
How many Maker(MKR) coins are there in Circulation?
MakerDAO(MKR) initially launched with 1 million MKR tokens. Currently, the circulating supply of MKR is 995,239 with a 4,226,665,588 (4.2+ billion) dollar market cap. The supply and value vary depending on the market piece and condition.
The price of MKR went very high on 5th February 2021, when the market cap touched more than 2.8 billion USD. It was around 3,100 USD. The current rank of MKR is #37 among the top #100 digital currency.
What Makes Maker Unique?
Maker(MKR) offers a unique opportunity for its users and MKR holders to participate directly in the presidential DAI. A particular type of token that is used to vote on some lists which has listed down below.
- To change the DAI savings rate.
- Risk parameters to alter cryptocurrencies
- System Upgrading.
- Voting power depends on the MKR staking size.
- To mine more DAI, new crypto to add as collateralized assets.
Benefits of maker token?
- Maker(MKR) maintains the stability of DAI at USD 1.
- MKR is focusing on decentralized exchanges. Many tops and well-known exchanges in the world support MKR.
- The maker has been supported by two cryptos including MKR & DAI that are based on an ERC20.
- Maker focuses and supports progressive projects, which are mainly focused on the decentralization future of crypto.
- MKR holders have voting rights, and holders are very incentivized to operate the network.
- DAI is very well-known for its future projects and best use-cases in the cryptocurrency world.
How to buy and store Maker(MKR) tokens?
MKR is still in demand in the world. The investors are showing interest in buying MKR. MKR is available on top exchanges in fiat and valuable digital currencies as well.
Step:1 - The first thing is to register on any exchange and provide legal and financial details, including each necessary document.
Step:2 - find an option to deposit the fiat currency and try to purchase by fiat currency. If there is no option to buy MKR with Fiat, buy other stable crypto-like USDT and BUSD.
Generally, there are mainly four currency pairs available on every exchange, such as MKR/USDT, MKR/BUSD, MKR/BNB, and MKR/BTC. Find your preferable pairs and purchase MKR.
If you are a long-time holder or investor, you can store your maker in a safe place. You can store them in a hard or soft wallet and keep them safe for a long time.
Choosing a wallet depends on your MKR holding's time and quantity. All hardware and software wallets come with different rules and regulations so try it wisely.
We are listing down some exchanges where you try it yourself and apply the above step to buy maker.
- Binance
- Coinbase Pro
- Poloniex Market
- WazirX
- OKEx
Maker Price Prediction
The current Maker price is $924.63. In the last 24 hours, Maker price has gone up by -4.52%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Maker price prediction.
Portfolio Tracker
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Maker at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging MKR against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Maker can be earned or received in various ways. MKR considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the MKR, including MKR to PHP, MKR to INR, MKR to NGN, MKR to THB, MKR to CAD, MKR to PKR, MKR to IDR , MKR to EUR , MKR to AUD , MKR to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
There are many altcoins in the market, and investors need to clear out how altcoin differs from Maker and what it can offer by comparing all altcoins with Maker(MKR). Some are RocketX exchange vs Maker, Basis Cash vs Maker, Truegame vs Maker, Soy Finance vs Maker, Rbicycle vs Maker, Dapp Token vs Maker, Verve vs Maker, Alpha Pad vs Maker, GombShare vs Maker, NOVA vs Maker.
What coins are trending today?
Some cryptocurrencies go up and down frequently on a daily bases. Today's trending cryptocurrencies are: GMT to MKR, SHIB to MKR, BTC to MKR, SOL to MKR, GST to MKR, ONE to MKR, ETH to MKR, PROM to MKR.MKR Price Statistics
| MKR Price | $924.63 |
| Percentage Change ( 24h ) | ▼4.52% $65.38 |
| 24h High / Low | $969.22 / $903.84 |
| Trading Volume 24h | $182,555,465.92 |
| Volume / Market Cap | 0.20195 |
| Market Dominance | 0.10% |
| Market Rank | 49 |
| Market Cap | $903,945,354.97 |
| Fully Diluted Market Cap | $929,784,984.17 |
| All Time High | $6,339.02 ▲0.00% |
| All Time Low | $21.06 ▲4290.50% |
| Circulating Supply | 977,631 MKR |
| Total Supply | 977,631 MKR |
| Max Supply | 1,005,577 MKR |
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