Maker (MKR) Market Cap Reaches $1.15 Billion

Maker (MKR) traded 2% lower against the dollar during the one day period ending at 12:00 PM Eastern on January 21st. One Maker token can now be bought for about $1,288.60 or 0.01226972 BTC on popular cryptocurrency exchanges. Maker has a market capitalization of $1.15 billion and $115.51 million worth of Maker was traded on exchanges in the last 24 hours. In the last seven days, Maker has traded down 5.9% against the dollar.

Here’s how other cryptocurrencies have performed in 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 0.7% lower against the dollar and now trades at $104,857.12 or 0.99842604 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.8% lower against the dollar and now trades at $103,891.84 or 0.98923480 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 Token Profile

Maker’s launch date was August 15th, 2015. Maker’s total supply is 918,984 tokens and its circulating supply is 890,391 tokens. The Reddit community for Maker is https://reddit.com/r/makerdao and the currency’s Github account can be viewed here. Maker’s official website is makerdao.com. 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.”

Buying and Selling Maker

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

MKR/USD price chart by TradingView