Maker Price Tops $1,588.81 on Top Exchanges (MKR)

Maker (MKR) traded 7% lower against the U.S. dollar during the twenty-four hour period ending at 13:00 PM Eastern on November 5th. Over the last seven days, Maker has traded down 11.4% against the U.S. dollar. Maker has a market capitalization of $1.35 billion and approximately $4.48 million worth of Maker was traded on exchanges in the last 24 hours. One Maker token can currently be bought for approximately $1,588.81 or 0.01530573 BTC on exchanges.

Here’s how other cryptocurrencies have performed over 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 2.4% against the dollar and now trades at $103,692.29 or 0.99891348 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% lower against the dollar and now trades at $103,434.24 or 0.99546923 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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’s genesis date was 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. 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, “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 buy alternative cryptocurrencies such as Maker directly using US dollars. Investors seeking to acquire Maker should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Maker using one of the aforementioned exchanges.

MKR/USD price chart by TradingView