MakerDAO (MKR)
MakerDAO (MKR) Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token â the Dai â against the IMFâs international currency basket SDR.
1. MKR Basic Info
Symbol | MKR |
Name | MakerDAO |
Web Site | https://makerdao.com/ |
Wallet | -- |
Source | -- |
Explorer | https://etherscan.io/ |
Forum | -- |
Mining | |
Supply | 1005577 |
Available Supply | 852105 |
Market Cap | 949773275.1 |
White Paper | -- |
Is ICO | None |
Raised Funds | - |
Distribution | - |
Algorithm | -- |
Proof | -- |
Total | 1005577 |
Release Date | 2017-01-30 |
2. MKR Technical Info
2.1 MKR Kline Chart Price
2.2 MKR Technical Analysis
The market is likely to experience a period of consolidation in the short term. The price may fluctuate within a defined range, potentially between approximately 1050 and 1150, before a decisive breakout in either direction. Trading volume may remain relatively subdued during this phase.
Over the medium term, a bearish trend is anticipated. The price is expected to gradually decline, with potential targets around 1000 and 950. Volatility might increase, leading to more frequent price swings.
In the long term, the market outlook is bearish. The price is expected to continue its downward trajectory, possibly testing the support levels around 900 and 850. The downtrend might be accompanied by increasing trading volume during periods of accelerated decline.
3. MKR News Info
3.1 MKR News List
- 20250311
Makerâs 65,675 ETH Lending Whale Is Once Again on the Brink of Liquidation đ
The whale with 65,675 ETH borrowed on Maker replenished 2,000 ETH, and the health factor returned to 1.07 đ - 20250310
A whaleâs 65,675 ETH on Maker are facing liquidation, worth about $136 million đ
A whales 65,675 ETH on Maker are facing liquidation, worth about $135.8 million - 20250303
Whale increased their holdings of MKR for two consecutive days, with a single address purchasing $4.89 million đ
Two whales recently hoarded more than $6 million worth of MKR đ
Two whales recently hoarded more than $6 million worth of MKR đ
A whale withdrew 669 MKR from Binance 40 minutes ago, equivalent to about 1.02 million US dollars đ
A certain address increased its holdings by 1,397 MKR at an average price of $1,538, equivalent to approximately $2.15 million đ
Market: CRO increased by 28.11% in the day, while MKR decreased by 6.08% in the day - 20250226
Market: MKR rose 11.67% on the day, while ORDI fell 3.03% on the day
3.2 MKR News Analysis
The cryptocurrency market demonstrates volatility, with significant price swings observed in both MKR and CRO, influenced by whale activity. The recurring threat of liquidation for a large ETH position on Maker indicates potential instability and downward pressure on ETH. However, strategic MKR accumulation by whales suggests a bullish sentiment toward this token, despite short-term price corrections. This dichotomy highlights a period of uncertainty where the market is susceptible to dramatic shifts driven by whale actions and overall market sentiment. While MKR may experience growth in the long run, ETHâs stability seems uncertain.