Maker (MKR)What's Maker price? How much potential does it have? How to buy Maker? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how MKR compares to Bitcoin based on its performance!
(Price data last updated about 5 minutes ago)
Data last updated about 5 minutes agoMKR All Time Low/High: €150.74 (+323%) / €5215.61 (-88%)
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Compare MKR and BTC performance
How popular is Maker cryptocurrency?Maker ranks 77th among all cryptocurrencies. It has a market cap of €572542680. The total trading volume within the last 24 hours was €26664800.
How much potential does it have?How much can Maker grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (901,311), it can theoretically grow at least 711x before it would become more popular than Bitcoin. This means that based on MKR maximum potential it could reach €453561 before it would have to overtake Bitcoin.
How to buy Maker?The easiest way to buy MKR is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 68 Maker exchanges available.
Where can you buy it?MKR should be listed in these exchanges:
Where can I find more information about Maker?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
When was MKR created?According to our information MKR was created 25th November 2017.
What is Maker?MKR is a cryptocurrency depicted as a smart contract platform and works alongside the Dai coin and aims to act as a hedge currency that provides traders with a stable alternative to the majority of coins currently available on the market. Maker offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain. Founded almost three years ago, MakerDao is lead by Rune Christensen, its CEO and founder. Maker’s MKR coin is a recent entrant to the market and is not a well known project. However, after today it will be known by many more people after blowing up 40% and it is one of the coins to rise to prominence during the recent peaks and troughs.
After being developed by the MakerDAO team, Maker Dai officially went live on December 18th, 2017. Dai is a price stable coin that is suitable for payments, savings, or collateral and provides cryptocurrency traders with increased options concerning opening and closing positions. Dai lives completely on the blockchain chain with its stability unmediated by the legal system or trusted counterparties and helps facilitate trading while staying entirely in the world of cryptocurrencies. The concept of a stablecoin is fairly straight forward – it’s a token that has its price or value pegged to a particular fiat currency. A stablecoin is a token (like Bitcoin and Ethereum) that exists on a blockchain, but unlike Bitcoin or Ethereum, Dai has no volatility.
MKR is an ERC-20 token on the Ethereum blockchain and can not be mined. It’s instead created/destroyed in response to DAI price fluctuations in order to keep it hovering around $1 USD. MKR is used to pay transaction fees on the Maker system, and it collateralizes the system. Holding MKR comes with voting rights within Maker’s continuous approval voting system. Bad governance devalues MKR tokens, so MKR holders are incentivized to vote for the good of the entire system. It’s a fully decentralized and democratic structure, then, which is an underutilized USP of blockchain tech.
Value volatility is a relative concept among both cryptos and fiat currencies. The US dollar, for example, was worth 110.748 yen on July 9, 2018. On July 4, 2011, $1 was worth 80.64 yen, and on March 18, 1985, $1 was worth 255.65 yen. These are major differences in exchange rates, and inflation within each country makes each currency worth different values even when compared to themselves. One USD in 1913 is worth the equivalent of $25.41 today, and even $1 in 1993 is worth the equivalent of $1.74 today. Stablecoins don’t negate these basic economic principles of value. Instead, both Tether and Dai have values pegged to the U.S. dollar. This is done to stabilize the price.
|Market Cap: €572542680||Rank: #77||Volume: €26664800|
Maker (MKR) live price chart
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How big was Maker coin volume within the last 24h?
Maker (MKR) last recorded volume was € 26664800.
How much has Maker price changed during one year?
MKR price has changed during the last year -67.65 %.
Is MKR coin close to its All Time High price?
MKR all time high price (ath) is €5215.61. Its current price is €637.85. This means that the difference between Maker (MKR) All Time High price and MKR current price is -88%.
What is the maximum price Maker (MKR) could VERY theoretically reach?
MKR has a current circulating supply of 901,311. Based on our calculation MKR could reach up to €453561 before it would have to overtake Bitcoin. So in theory the potential for growth is 711x its current value (€637.85). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Maker and in no way is it a prediction of any kind, far from it.
Where can you buy Maker?
Maker is currently listed on at least these crypto exchanges: Bibox, Uniswap (v3), EXMO, DigiFinex, Binance, Coinbase Exchange, WhiteBIT, Bitget, Crypto.com Exchange, Azbit, BingX, Kraken, Huobi, Bitvavo, MEXC Global, Dcoin, Bitbank, OKX, Bitfinex, Bitstamp, LBank, Rhino.fi, XT.COM, KuCoin, Bitazza, Phemex, Uniswap (v2), CoinEx, Binance US and possibly some others.