Current Maker (MKR) Market Overview
The live price of Maker (MKR) stands at **$1,928.95**, with a 24-hour trading volume of $161,753. Key metrics:
- 24h Change: -1.84%
- 7d Change: +4.27%
- Circulating Supply: 847,225 MKR
- Market Cap: $1.64B USD
Price Performance Snapshot
| Period | Price Change | Change (%) |
|---|---|---|
| Today | -$40.47 | -2.05% |
| 7 Days | +$99.07 | +5.42% |
| 30 Days | +$45.73 | +2.43% |
| 3 Months | +$385.92 | +25.04% |
👉 Track real-time MKR price movements
Core Features of Maker (MKR)
Governance & Protocol
- Governance Token: MKR holders vote on MakerDAO proposals (collateral types, policy adjustments).
- Recapitalization: MKR supply adjusts dynamically to balance DAI stability.
Investment Utility
- Trade/HODL: Ranked among top 50 cryptocurrencies by market cap.
- Passive Income: Stake or lend MKR via platforms like KuCoin for interest.
Maker (MKR) Use Cases Explained
- Decentralized Governance
Influence decisions in the Maker Protocol through voting. - DAI Stability Mechanism
MKR tokens are minted/burned to maintain DAI’s peg. - DeFi Trading
High demand among traders due to MakerDAO’s established reputation.
FAQ: Maker Token Essentials
Is MKR a good investment?
MKR’s value ties to DAI adoption and DeFi growth. Its long-term potential makes it a portfolio candidate, though market volatility persists.
What’s MKR’s max supply?
1,000,000 MKR (current circulation: ~847,225).
How to store MKR securely?
Options include:
- KuCoin custodial wallets
- Hardware wallets (e.g., Ledger)
- Self-custody tools like MetaMask.
What’s MKR’s all-time high?
$6,339.02 (current price is ~69.58% below ATH).
Strategic Insights for MKR Investors
- Trade Wisely: Monitor DAI adoption trends and DeFi sentiment.
- Earn Passively: Leverage staking/lending for yield.
- Governance Participation: Active voting can enhance ecosystem value.
👉 Explore advanced MKR trading strategies
Data as of latest update. Prices subject to market conditions.
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