Maker Price Tops $1,255.06 on Exchanges (MKR)

Maker (MKR) traded 4.1% higher against the US dollar during the 1 day period ending at 11:00 AM ET on March 22nd. One Maker token can now be purchased for about $1,255.06 or 0.01494134 BTC on popular exchanges. Maker has a market cap of $1.14 billion and $47.79 million worth of Maker was traded on exchanges in the last 24 hours. Over the last week, Maker has traded 6.5% higher against the US dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• 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 down 2.2% 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.
• SolvBTC (SOLVBTC) traded up 0.2% against the dollar and now trades at $83,944.09 or 0.99934366 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.9% against the dollar and now trades at $83,385.11 or 0.99073598 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.

Maker Profile

Maker launched on August 15th, 2015. Maker’s total supply is 874,319 tokens and its circulating supply is 909,819 tokens. The official website for Maker is makerdao.com. 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.

According to CryptoCompare, “Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It's token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn).”

Maker Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Maker directly using US dollars. Investors seeking to trade Maker should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Maker using one of the aforementioned exchanges.

MKR/USD price chart by TradingView