Maker (MKR) Hits Market Cap of $1.37 Billion

Maker (MKR) traded 0.6% higher against the U.S. dollar during the 24 hour period ending at 13:00 PM ET on September 17th. Maker has a total market capitalization of $1.37 billion and approximately $33.65 million worth of Maker was traded on exchanges in the last day. Over the last week, Maker has traded down 2.5% against the U.S. dollar. One Maker token can now be purchased for approximately $1,540.63 or 0.02533494 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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.
• MVP Coin (MVP) traded 3.4% higher against the dollar and now trades at $0.0458 or 0.00000075 BTC.
• P2P Solutions foundation (P2PS) traded 3.7% higher against the dollar and now trades at $153.52 or 0.00252451 BTC.

About Maker

Maker’s launch date was August 15th, 2015. Maker’s total supply is 932,528 tokens and its circulating supply is 888,195 tokens. Maker’s official website is makerdao.com. 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.

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 presently 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Maker using one of the exchanges listed above.

MKR/USD price chart by TradingView