Overview of Maker (MKR)
Maker (MKR) is an Ethereum-based cryptocurrency token launched in 2017. Today's Maker price stands at $1,880 USD** with a **24-hour trading volume of $209,178,181. The current price reflects a -5.57% change over the past day.
Key Highlights:
- Market Cap: $1,677,601,847 (Ranked #50)
- Circulating Supply: 892,234 MKR
- All-Time High: $5,573 (-66.26% from peak)
- 52-Week Range: $848.53 - $3,112
Price Performance Analysis
Comparative Price Data
| VS | 1 Hour | 24 Hours | 1 Week | 1 Month | 1 Year |
|---|---|---|---|---|---|
| USD | -1.26% | -5.57% | +1.48% | +2.13% | -22.14% |
| BTC | -1.49% | -5.20% | +0.30% | -1.24% | -56.64% |
| ETH | -0.57% | -3.68% | -2.81% | +5.32% | +1.79% |
👉 Track real-time MKR price movements
Market Dynamics
- Recent Trend: After rebounding to $1,940, MKR failed to sustain upward momentum
30-Day Performance:
- -17.68% below monthly high
- +14.36% above monthly low
- Trading Activity: Available on 58 exchanges
Wealth Distribution
| Holder Tier | Quantity Held | Percentage |
|---|---|---|
| Top 1-10 | 117,676 MKR | 24.99% |
| 11-100 | 218,094 MKR | 46.31% |
| 101-1000 | 108,469 MKR | 23.03% |
| Others | 26,686 MKR | 5.67% |
Note: Top addresses may include exchange wallets
Blockchain Statistics
| Metric | Value |
|---|---|
| 24-hour Transactions | 1,157 |
| Average Hourly Transactions | 48.21 |
| Token Holders | 81,262 |
| Total Transfers | 1,326,435 |
| Top 100 Holdings | 72% of total supply |
ROI and Volatility Metrics
| Period | ROI | Volatility |
|---|---|---|
| 3 Months | +41.53% | 42.33% |
| 6 Months | +19.10% | 65.42% |
| 12 Months | -17.32% | 91.26% |
| Max Drawdown | -92.01% |
👉 Discover advanced trading strategies for MKR
Technical Analysis Indicators
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 52.06 | Neutral |
| Moving Averages (50-day) | $1,840 | Buy |
| Moving Averages (200-day) | $1,638 | Buy |
| ADX (14) | 51.73 | Sell |
Frequently Asked Questions
What makes Maker (MKR) unique?
MKR serves as the governance token for MakerDAO, the decentralized organization behind the DAI stablecoin. Holders vote on critical protocol parameters.
Where can I buy MKR safely?
👉 Reputable exchanges listing MKR offer secure trading environments with proper liquidity.
How does Maker's performance compare to similar projects?
Among 2017-launched cryptocurrencies, MKR's $209M daily volume significantly exceeds the $6.36M category average.
What factors influence MKR's price?
Key drivers include:
- DAI adoption rates
- Ethereum network conditions
- DeFi sector trends
- Governance proposal outcomes
Is MKR a good long-term investment?
While past performance shows volatility, MakerDAO's established position in decentralized finance suggests ongoing relevance.
How does Maker's tokenomics work?
The dual-token system (MKR governance + DAI stablecoin) creates unique economic dynamics where MKR value correlates with protocol usage.