Maker 1-Day Volume Hits $53.70 Million (MKR)

Maker (MKR) traded down 4.8% against the dollar during the one day period ending at 11:00 AM Eastern on March 30th. One Maker token can now be purchased for $1,280.92 or 0.01543351 BTC on cryptocurrency exchanges. Maker has a total market capitalization of $1.16 billion and approximately $53.70 million worth of Maker was traded on exchanges in the last day. In the last week, Maker has traded up 4.2% against the dollar.

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

• 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.
• 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 0.3% against the dollar and now trades at $82,730.57 or 0.99679883 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.3% lower against the dollar and now trades at $82,320.40 or 0.99185678 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.

Maker Profile

Maker’s genesis date was August 15th, 2015. Maker’s total supply is 874,319 tokens and its circulating supply is 907,539 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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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