Maker (MKR) Market Cap Hits $1.04 Billion

Maker (MKR) traded down 2.5% against the dollar during the 1-day period ending at 14:00 PM Eastern on October 21st. Maker has a total market cap of $1.04 billion and $79.58 million worth of Maker was traded on exchanges in the last 24 hours. Over the last seven days, Maker has traded 12.2% lower against the dollar. One Maker token can currently be bought for approximately $1,192.33 or 0.01767963 BTC on major exchanges.

Here is how related 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 2.2% lower 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.
• 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.
• MVP Coin (MVP) traded 17.8% higher against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 1% against the dollar and now trades at $172.70 or 0.00256077 BTC.

About Maker

Maker launched on August 15th, 2015. Maker’s total supply is 899,322 tokens and its circulating supply is 868,889 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. Maker’s official website is makerdao.com.

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 currently possible to purchase alternative cryptocurrencies such as Maker directly using U.S. dollars. Investors seeking to trade 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 exchanges listed above.

MKR/USD price chart by TradingView