Maker (MKR) Reaches Market Capitalization of $644.60 Million

Maker (MKR) traded 0.5% lower against the dollar during the twenty-four hour period ending at 18:00 PM E.T. on November 24th. One Maker token can now be purchased for about $659.35 or 0.03973944 BTC on popular exchanges. In the last seven days, Maker has traded 1.1% higher against the dollar. Maker has a total market cap of $644.60 million and $19.67 million worth of Maker was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded 25.9% lower against the dollar and now trades at $0.31 or 0.00001870 BTC.
  • Aidi Finance (BSC) (AIDI) traded 8.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 1.6% against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 4.1% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 3% higher against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded 1.6% higher against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded 3.1% higher against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded 15.4% lower against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded 1.6% higher against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

Maker Token Profile

Maker was first traded on August 15th, 2015. Maker’s total supply is 977,631 tokens. Maker’s official website is makerdao.com. 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.

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 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Maker using one of the exchanges listed above.

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