Maker Hits Market Capitalization of $1.34 Billion (MKR)

Maker (MKR) traded down 1.2% against the US dollar during the 1 day period ending at 11:00 AM ET on January 1st. Maker has a total market cap of $1.34 billion and $123.25 million worth of Maker was traded on exchanges in the last 24 hours. During the last week, Maker has traded 7.1% lower against the US dollar. One Maker token can now be purchased for approximately $1,504.00 or 0.01598025 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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 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.
• SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $93,509.82 or 0.99355768 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.9% lower against the dollar and now trades at $93,281.08 or 0.99112727 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 Profile

Maker’s genesis date was August 15th, 2015. Maker’s total supply is 920,932 tokens and its circulating supply is 892,175 tokens. Maker’s official Twitter account is @makerdao and its Facebook page is accessible here. 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.

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 presently possible to buy alternative cryptocurrencies such as Maker directly using US dollars. Investors seeking to trade Maker should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Maker using one of the aforementioned exchanges.

MKR/USD price chart by TradingView