Maker Price Tops $1,717.38 on Major Exchanges (MKR)

Maker (MKR) traded up 16.1% against the US dollar during the 24-hour period ending at 12:00 PM Eastern on November 25th. Maker has a total market capitalization of $1.46 billion and approximately $3.28 million worth of Maker was traded on exchanges in the last 24 hours. Over the last week, Maker has traded down 1.3% against the US dollar. One Maker token can currently be purchased for approximately $1,717.38 or 0.01972450 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 0.4% higher against the dollar and now trades at $86,907.40 or 0.99815248 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Maker

Maker launched on August 15th, 2015. Maker’s total supply is 870,827 tokens and its circulating supply is 847,225 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 currently possible to purchase alternative cryptocurrencies such as Maker directly using US dollars. Investors seeking to trade Maker should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Maker using one of the aforementioned exchanges.

MKR/USD price chart by TradingView