|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Genesis Date||25th November 2017|
|Max Coin Supply||977,631|
Maker (mkr) is a digital asset ranked as #57 in BitCourier Cryptocurrency List with market capitalisation of £702.12 M. Pound Sterling. In the last 24 hours Maker's trading volume exceeded £51.35 M.
Current price - £780.09 GBP. Exchange rate mkr to USD is $948.16 for one coin.
During the last calendar year Maker price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -4.47%. (mkr)'s peak price (All-time high) was £4,523.10 per coin, this point was reached on 3rd May 2021 . From that moment till today Maker has lost -82.77% in value.
Ratings by crypto community, developers and liquidity are 42.536, 75.607, 57.353.
Maker (MKR) is a governance token used by Maker Decentralized Autonomous Organization which is known as MakerDAO. The project is aimed to support the first Ethereum-powered stable coin that can be used to represent collateral.
To create this DAI stablecoin, users had to deposit cryptocurrency tokens ETH or BAT into a collateralized debt position and received DAI in return. The system charges a "Stability Fee" to open up a collateralized debt position, which essentially works as an interest rate to control DAI supply and keep it at its $1 peg.
The Maker protocol is an essential part of the Ethereum DeFi movement.