Maker Tops 24 Hour Trading Volume of $160.32 Thousand (MKR)

Maker (MKR) traded 9.3% higher against the dollar during the twenty-four hour period ending at 13:00 PM ET on February 25th. One Maker token can currently be purchased for approximately $1,630.31 or 0.02411649 BTC on exchanges. Maker has a market capitalization of $1.38 billion and $160.32 thousand worth of Maker was traded on exchanges in the last day. Over the last seven days, Maker has traded 4.4% higher against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 up 1.2% 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 5.2% higher against the dollar and now trades at $66,829.86 or 0.98858601 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% higher against the dollar and now trades at $64,920.62 or 0.99826276 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Maker Profile

Maker’s launch date was 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. The official website for Maker is makerdao.com. 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 currently possible to buy alternative cryptocurrencies such as Maker directly using U.S. dollars. Investors seeking to trade Maker should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Maker using one of the exchanges listed above.

MKR/USD price chart by TradingView