Maker Trading Up 35.7% Over Last 7 Days (MKR)

Maker (MKR) traded up 0.5% against the dollar during the 1-day period ending at 12:00 PM Eastern on November 29th. Maker has a market cap of $1.48 billion and $3.59 million worth of Maker was traded on exchanges in the last 24 hours. One Maker token can now be bought for approximately $1,745.75 or 0.01924295 BTC on major exchanges. Over the last week, Maker has traded 35.7% higher against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• 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.
• SolvBTC (SOLVBTC) traded down 0.9% against the dollar and now trades at $90,816.17 or 1.00104442 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Maker Token Profile

Maker was first traded on August 15th, 2015. Maker’s total supply is 870,827 tokens and its circulating supply is 847,225 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. Maker’s official website is makerdao.com.

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).”

Maker Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Maker directly using US dollars. Investors seeking to acquire Maker should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Maker using one of the aforementioned exchanges.

MKR/USD price chart by TradingView