Maker (MKR) Achieves Self Reported Market Cap of $1.40 Billion

Maker (MKR) traded 6.6% higher against the US dollar during the 1-day period ending at 14:00 PM Eastern on February 13th. One Maker token can now be purchased for approximately $1,656.60 or 0.02396120 BTC on exchanges. Maker has a market cap of $1.40 billion and approximately $28.21 thousand worth of Maker was traded on exchanges in the last day. During the last week, Maker has traded 13.1% higher against the US dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 3.7% higher against the dollar and now trades at $67,648.45 or 0.97847392 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. 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, “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 Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Maker using one of the aforementioned exchanges.

MKR/USD price chart by TradingView