Maker Price PredictionsMaker(MKR) opened trading today at $685.24. It achieved a Market high of $704.45 and a subsequent Market low of $625.47, Representing a change of $-42.69 and price percentage change of -6.23% . Its current Price is $642.54 representing a market share of 0.21% only.
A total volumn of $84,116 worth of Maker traded hands today, achieving a Maximum Mkt Cap of $642,544,704 for the day.
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Many people are looking to invest in digital assets (including Maker) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Maker as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Maker has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Maker is currently trading around $642.54. The forecast for the Maker cryptocurrency by the end of year 2018 is around $704.45 x 4. This is because following the previous highs of the Crypto market, a 4x bullrun is expected for the cryptomarket in 2018 according to our Technoical analysis. A bullrun crypto market lifts all boats and is likely to produce good returns especially for strong coins. (Read our information below on Maker to know its strength).
Furthermore, the five-year forecast for Maker is around $704.45 x 10 at the minimum. Thus, even if you’re just looking to invest for a one-year period, you would be able to make a significant amount of return. On the other hand, even if you’re looking to invest for 5 years, the investment return which you can get from these levels is enormous.
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Detailed MKR Price Predictions Videos:
Maker Fundamental Analysis
Maker FA Videos
Watch someone smart explain what Maker is and the problem it aims to solve. This should help you make an informed decision to invest or not..
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(MKR) Daily Trading
|Current Supply||1,000,000 MKR|
|Total Supply||1,000,000 MKR|
|24h Volume (coin)||130 MKR|
|24h Volume (currency)||$84,116|
|Last updated||2018-10-16 07:00:45 +01:00 BST|
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Common MKR Price Prediction Questions
What is Maker’s potential future value?
MKR's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Maker is and what it does. This is because Maker's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can MKR make you one?
What is going on with Maker's price?
In order not to be too rattled, read our Fundamental analysis above on Maker to know if it’s a good hodl.
How high will Maker go?
No one really knows for sure. We however predict MKR will be 4x by end of 2018.
Why is Maker(MKR) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Maker to see its expected value. You can also visit Maker's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Maker website page will quickly provide you with that value.
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Why is Maker's price going down?
It’s difficult to tell right now as the daily MKR candle hasn’t closed. Hopefully it closes above its 200EMA and signifies a reversal. However a quick way to know the reason for any sudden disruption in Maker's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Maker, Simple click the Social Button on this page, located immediately below the Price Charts.
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