Maker Price Reaches $1,182.93 on Exchanges (MKR)

Maker (MKR) traded 2.9% higher against the US dollar during the 1 day period ending at 0:00 AM E.T. on May 28th. Maker has a market capitalization of $1.16 billion and approximately $114.76 million worth of Maker was traded on exchanges in the last day. Over the last seven days, Maker has traded down 15% against the US dollar. One Maker coin can now be purchased for $1,182.93 or 0.04088969 BTC on popular cryptocurrency exchanges.

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

  • BITCOIN ADDITIONAL (BTCA) traded 0.4% higher against the dollar and now trades at $28,932.76 or 1.00010540 BTC.
  • Binance USD (BUSD) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00003458 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00003458 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded down 0.8% against the dollar and now trades at $0.58 or 0.00001995 BTC.
  • yOUcash (YOUC) traded 0% higher against the dollar and now trades at $0.50 or 0.00001729 BTC.

Maker Profile

Maker (MKR) is a coin. Its genesis date was August 15th, 2015. Maker’s total supply is 977,631 coins. The official website for Maker is makerdao.com. Maker’s official Twitter account is @MakerDAO and its Facebook page is accessible here. The Reddit community for Maker is /r/MakerDAO and the currency’s Github account can be viewed here.

According to CryptoCompare, “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). “

Buying and Selling Maker

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

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