Maker (MKR) Hits Market Capitalization of $612.07 Million

Maker (MKR) traded 0.4% higher against the U.S. dollar during the one day period ending at 23:00 PM E.T. on May 26th. One Maker token can currently be bought for about $626.08 or 0.02341922 BTC on cryptocurrency exchanges. Maker has a total market cap of $612.07 million and approximately $12.07 million worth of Maker was traded on exchanges in the last 24 hours. In the last seven days, Maker has traded down 0.2% against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded up 2.5% against the dollar and now trades at $0.35 or 0.00001292 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 2.2% lower 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.
• OmniaVerse (OMNIA) traded 0% higher against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.3% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded down 7.3% against the dollar and now trades at $0.0147 or 0.00000055 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 down 2.2% against the dollar and now trades at $0.0088 or 0.00000033 BTC.

Maker Token Profile

Maker launched on August 15th, 2015. Maker’s total supply is 977,631 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.”

Buying and Selling Maker

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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