Maker Self Reported Market Cap Reaches $1.03 Billion (MKR)

Maker (MKR) traded 12.8% lower against the dollar during the 24-hour period ending at 12:00 PM Eastern on March 10th. In the last seven days, Maker has traded down 23.1% against the dollar. One Maker token can currently be bought for approximately $1,122.61 or 0.01415127 BTC on major cryptocurrency exchanges. Maker has a market cap of $1.03 billion and approximately $108.79 million worth of Maker was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded down 1.1% against the dollar and now trades at $0.74 or 0.00000938 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 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.
• SolvBTC (SOLVBTC) traded down 3.8% against the dollar and now trades at $79,807.06 or 1.00602190 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.6% against the dollar and now trades at $79,599.28 or 1.00340270 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Maker

Maker’s launch date was August 15th, 2015. Maker’s total supply is 878,846 tokens and its circulating supply is 913,247 tokens. Maker’s official website is makerdao.com. 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.

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.”

Maker Token Trading

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

MKR/USD price chart by TradingView