Maker Price Prediction
Best advise? Study these charts 📖
Today's ForecastsMaker(MKR) opened trading today at $595.41. It achieved a Market high of $595.41 and a subsequent Market low of $559.61, Representing a change of $-27.57 and price percentage change of -4.63% . Its current Price is $567.84 representing a market share of 0.15% only.
A total volumn of $97,925 worth of Maker traded hands today, achieving a Maximum Market Cap of $561,054,848 for the day.
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The Bull Case 🐃 for Maker
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 $567.84.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of Maker
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).
MKR Trading Stats for Today - 2020-02-06 06:10:22 +00:00 GMT
|Current Supply||988,047 MKR|
|Total Supply||1,000,000 MKR|
|24h Volume (coin)||172 MKR|
|24h Volume (currency)||$97,925|
|Last updated||2020-02-06 06:10:22 +00:00 GMT|
Other Price Forecasts similar to Maker(MKR) :
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 might be 4x by end of 2020. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
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. 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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MKR Live Prices Data
Maker Daily Price History
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