Maker (MKR) Market Cap Reaches $2.53 Billion

Maker (MKR) traded 3.9% lower against the US dollar during the 24 hour period ending at 13:00 PM E.T. on May 8th. In the last week, Maker has traded up 5.5% against the US dollar. Maker has a total market capitalization of $2.53 billion and $57.82 million worth of Maker was traded on exchanges in the last day. One Maker token can currently be bought for $2,739.16 or 0.04380295 BTC on exchanges.

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

  • KILT Protocol (KILT) traded down 1.2% against the dollar and now trades at $0.30 or 0.00000472 BTC.
  • 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.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 2.8% higher against the dollar and now trades at $0.0103 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Maker Token Profile

Maker’s genesis date was August 15th, 2015. Maker’s total supply is 977,631 tokens and its circulating supply is 925,426 tokens. Maker’s official Twitter account is @makerdao and its Facebook page is accessible here. Maker’s official website is makerdao.com. The Reddit community for Maker is https://reddit.com/r/makerdao and the currency’s Github account can be viewed 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 U.S. dollars. Investors seeking to trade Maker should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Maker using one of the exchanges listed above.

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