Maker (MKR) Tops 1-Day Trading Volume of $222.02 Million

Maker (CURRENCY:MKR) traded 3.6% higher against the dollar during the 1 day period ending at 23:00 PM Eastern on November 25th. One Maker coin can now be bought for about $3,370.76 or 0.05817115 BTC on exchanges. Maker has a market capitalization of $3.34 billion and $222.02 million worth of Maker was traded on exchanges in the last day. During the last week, Maker has traded up 19.7% against the dollar.

Here’s how related cryptocurrencies have performed during the last day:

  • Crypto.com Coin (CRO) traded 15% lower against the dollar and now trades at $0.74 or 0.00001284 BTC.
  • Polygon (MATIC) traded 0.1% higher against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Polygon (MATIC) traded 3.4% higher against the dollar and now trades at $1.86 or 0.00003213 BTC.
  • Binance USD (BUSD) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001726 BTC.
  • Chainlink (LINK) traded down 1.2% against the dollar and now trades at $26.20 or 0.00045207 BTC.
  • Decentraland (MANA) traded 4.2% higher against the dollar and now trades at $5.03 or 0.00008686 BTC.
  • Axie Infinity (AXS) traded down 2.8% against the dollar and now trades at $135.29 or 0.00233484 BTC.
  • Parkgene (GENE) traded 2,618,096.3% higher against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • FTX Token (FTT) traded 2% higher against the dollar and now trades at $51.90 or 0.00089566 BTC.
  • THETA (THETA) traded up 4.2% against the dollar and now trades at $7.18 or 0.00012393 BTC.

Maker Profile

Maker (MKR) is a coin. Its launch date was August 15th, 2015. Maker’s total supply is 989,935 coins. Maker’s official Twitter account is @MakerDAO and its Facebook page is accessible here. The Reddit community for Maker is /r/MakerDAO and the currency’s Github account can be viewed here. The official website for Maker is makerdao.com.

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 presently possible to buy alternative cryptocurrencies such as Maker directly using U.S. dollars. Investors seeking to trade Maker should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Maker using one of the aforementioned exchanges.

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