Maker Achieves Self Reported Market Cap of $1.27 Billion (MKR)

Maker (MKR) traded up 7.2% against the US dollar during the 24-hour period ending at 13:00 PM ET on January 16th. During the last seven days, Maker has traded up 13% against the US dollar. Maker has a market capitalization of $1.27 billion and $75.63 thousand worth of Maker was traded on exchanges in the last 24 hours. One Maker token can currently be bought for approximately $1,500.91 or 0.01578714 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 1.3% lower against the dollar and now trades at $94,857.02 or 0.99773880 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.5% lower against the dollar and now trades at $94,719.44 or 0.99629173 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Maker

Maker launched on August 15th, 2015. Maker’s total supply is 870,827 tokens and its circulating supply is 847,225 tokens. Maker’s official Twitter account is @makerdao and its Facebook page is accessible here. The Reddit community for Maker is https://reddit.com/r/makerdao and the currency’s Github account can be viewed here. The official website for Maker is makerdao.com.

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).”

Maker Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Maker directly using U.S. dollars. Investors seeking to acquire Maker should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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