Maker (MKR) Market Capitalization Achieves $1.23 Billion

Maker (MKR) traded 4.5% higher against the dollar during the 1 day period ending at 9:00 AM E.T. on October 15th. Maker has a total market cap of $1.23 billion and approximately $112.57 million worth of Maker was traded on exchanges in the last day. In the last week, Maker has traded 0.5% lower against the dollar. One Maker token can now be purchased for $1,408.48 or 0.02139725 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in 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 2.2% lower 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 2.2% lower 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 $0.0477 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 2.1% higher against the dollar and now trades at $168.77 or 0.00256394 BTC.

Maker Profile

Maker’s genesis date was August 15th, 2015. Maker’s total supply is 902,292 tokens and its circulating supply is 871,859 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.”

Maker Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Maker directly using U.S. dollars. Investors seeking to acquire Maker should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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