Maker (MKR) Hits Market Cap of $2.74 Billion

Maker (MKR) traded down 6% against the U.S. dollar during the 1-day period ending at 12:00 PM E.T. on April 19th. One Maker token can currently be purchased for approximately $2,960.71 or 0.04612754 BTC on popular cryptocurrency exchanges. Maker has a total market cap of $2.74 billion and approximately $135.33 million worth of Maker was traded on exchanges in the last day. Over the last week, Maker has traded down 7.6% against the U.S. dollar.

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

  • KILT Protocol (KILT) traded down 0% against the dollar and now trades at $0.33 or 0.00000518 BTC.
  • 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 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.
  • 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 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.9% higher against the dollar and now trades at $0.0087 or 0.00000013 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Maker Token Profile

Maker launched on August 15th, 2015. Maker’s total supply is 977,631 tokens and its circulating supply is 924,717 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.”

Maker Token Trading

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

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