Maker Price Down 12.3% Over Last Week (MKR)

Maker (MKR) traded 3.5% lower against the U.S. dollar during the twenty-four hour period ending at 10:00 AM ET on September 4th. Maker has a total market capitalization of $1.54 billion and $67.10 million worth of Maker was traded on exchanges in the last day. During the last seven days, Maker has traded 12.3% lower against the U.S. dollar. One Maker token can now be bought for approximately $1,655.62 or 0.02938948 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 4.3% lower against the dollar and now trades at $1.37 or 0.00002438 BTC.
• 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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 4.4% lower against the dollar and now trades at $0.0487 or 0.00000086 BTC.

Maker Profile

Maker was first traded on August 15th, 2015. Maker’s total supply is 977,631 tokens and its circulating supply is 930,650 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 currently 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, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Maker using one of the aforementioned exchanges.

MKR/USD price chart by TradingView