- #42
Maker MKR
MKR Price
Market Cap
$2.73 BRank #42FDV
$2.90 BRank #66Investors
Twitter Followers
Twitter Performance
2032Rank by Twitter #96- 0
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- 1000
- 4000
Detailed Performance
MKR shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
MKR to USD Converter
Price History
- All-Time High
- $6,237.382.11x to ATH
- All-Time Low
- $22.10134.07x to ATL
- Trade Launch Date
- 29 Jan, 2017
2644 days ago
Fundraising
See more- ICO Price
- $499.75
- Funds Raised
- $54.50 M
- Tokens Sold
- 155,000.00 MKR
Exchanges
Exchanges type
About MKR
Maker is a decentralized protocol, also known as the Multi-Collateral Dai system, that enables users to generate a cryptocurrency called Dai. This is done by leveraging collateral assets approved by the community-driven governance process known as Maker Governance. Dai is a cryptocurrency that is soft-pegged to the US Dollar and is backed by collateral. It offers economic freedom and opportunity to individuals anywhere, as it is resistant to hyperinflation due to its low volatility.
What makes Maker unique?
Maker is unique compared to other cryptocurrencies for several reasons:
1. Decentralized Stablecoin: Maker is the creator of Dai, a decentralized stablecoin pegged to the US Dollar. Unlike other cryptocurrencies that experience high volatility, Dai maintains a stable value, making it a reliable medium of exchange and store of value.
2. Collateralized System: Maker operates on a collateralized system, where users can generate Dai by locking up collateral assets approved by Maker Governance. This ensures the stability and security of the Dai system, as each Dai is backed by real-world assets.
3. Maker Governance: Maker Governance is a community-driven and decentralized process that manages the various aspects of the Maker Protocol. It allows MKR token holders to participate in decision-making and propose changes to the protocol, making it truly autonomous and controlled by its users.
4. Economic Freedom: Dai offers economic freedom and opportunity to anyone, anywhere. It is resistant to hyperinflation and provides individuals with access to a stable and reliable currency, regardless of their geographic location or economic circumstances.
Overall, Maker stands out as a unique cryptocurrency due to its focus on stability, collateralization, community governance, and the provision of economic freedom through the Dai stablecoin.
Live Maker Price Data
The current price of Maker (MKR) is approximately $2,963.00, reflecting a increase of 2.74% in the last 24 hours. The MKR trading volume in the last 24 hours stands at $59.10 million. Maker's market cap is currently $2.73 billion, accounting for about 0.12% of the total crypto market cap. The circulating supply of MKR is 925,123.91.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Maker's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on MKR, check out our crypto insights page.
Official Links
MKR to USD Converter
Price History
- All-Time High
- $6,237.382.11x to ATH
- All-Time Low
- $22.10134.07x to ATL
- Trade Launch Date
- 29 Jan, 2017
2644 days ago
Fundraising
See more- ICO Price
- $499.75
- Funds Raised
- $54.50 M
- Tokens Sold
- 155,000.00 MKR