Maker (MKR) Market Capitalization Achieves $1.82 Billion

Maker (MKR) traded up 1.2% against the U.S. dollar during the 24-hour period ending at 20:00 PM E.T. on August 19th. Maker has a total market capitalization of $1.82 billion and $43.72 million worth of Maker was traded on exchanges in the last day. Over the last seven days, Maker has traded down 2.8% against the U.S. dollar. One Maker token can currently be bought for approximately $1,959.39 or 0.03290782 BTC on major exchanges.

Here’s how other cryptocurrencies have performed over the last day:

• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 5.6% against the dollar and now trades at $0.0144 or 0.00000024 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 11.8% against the dollar and now trades at $0.0467 or 0.00000079 BTC.

About Maker

Maker launched on August 15th, 2015. Maker’s total supply is 977,631 tokens and its circulating supply is 930,366 tokens. The Reddit community for Maker is https://reddit.com/r/makerdao and the currency’s Github account can be viewed here. Maker’s official Twitter account is @makerdao and its Facebook page is accessible here. The official website for Maker is makerdao.com.

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 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, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Maker using one of the exchanges listed above.

MKR/USD price chart by TradingView