• Cryptocurrencies
  • MakerDAO Price
  • MakerDAO Logo

    MakerDAO

    MKR

    Rank #55

    $2820.76

    -11.56%
    24H Low$2863.26
    $3287.1824H High
    24H Volume
    $206.46 M
    All-Time High(ATH)
    $6292.31
    All-Time Low(ATL)
    $168.36
    Market Cap
    $2.67 B
    Fully Diluted Valuation
    $2.82 B
    Market Cap/FDV
    94.55%
    Circulating Supply
    924360 MKR
    Total Supply
    977631.04 MKR
    Max Supply
    1.01 M MKR
    Market Sentiment
    Negative
    * Data from 3rd parties

    MakerDAO (MKR) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+10.72
    +0.38%
    24H
    $-326.08
    -11.56%
    7D
    $+337.08
    +11.95%
    30D
    $+1025.35
    +36.35%
    1Y
    $+8737.87
    +309.77%

    Credibility Indicators

    90.46

    Reliability Score

    Rank #1

    # 71

    Percentile

    TOP 5%

    Team Members

    Rune Christensen

    Rune Christensen

    Founder

    Investors

    Andreessen Horowitz (a16z)

    Andreessen Horowitz (a16z)

    Polychain Capital

    Polychain Capital

    DragonFly Capital

    DragonFly Capital

    Paradigm

    Paradigm

    Fenbushi Capital

    Fenbushi Capital

    FBG Capital

    FBG Capital

    Walden Bridge Capital

    Walden Bridge Capital

    Distributed Capital Partners

    Distributed Capital Partners

    Live MakerDAO (MKR) Price Update

    MakerDAO price today is $2820.76 with a 24-hour trading volume of $206.46 M, and as such MakerDAO has a market cap of $2.67 B, giving it a market dominance of 0.10%. The MakerDAO price moved -11.56% in the last 24 hours.

    MakerDAO reached its highest price on 2021-05-03 when it was trading at its all-time high of $6292.31, while its lowest price was recorded on 2020-03-16 when it was trading at its all-time low of $168.36. The current lowest price since the last cycle high was $168.36, and the highest price since the last cycle low was $6292.31. The social sentiment of MakerDAO is currently Positive.

    The current circulating supply of MakerDAO is $924360 MKR. In terms of market cap, MakerDAO is currently ranked 55.

    About MakerDAO (MKR)

    Makerdao is a decentralized autonomous organization and smart contract system in Ethereum, providing the first decentralized stable currency Dai in Ethereum. Dai is a hard currency with digital asset mortgage endorsement, which is anchored 1:1 with the US dollar. MKR is the management token and utility token of the maker system, which is used to pay the stable cost of borrowing Dai and participate in the management system. Unlike Dai's stable currency, the value of MKR is closely related to the performance of the whole system due to its unique supply mechanism and its role on the maker platform. Dai, a decentralized stable currency, has key applications in mortgage loans, leveraged transactions, hedging, international remittances, supply chains and government open bookkeeping.

    FAQs

    1. What determines the price movement of MakerDAO?

    There are two schools of thought in determining the price of MakerDAO.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of MakerDAO, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of MakerDAO from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of MakerDAO on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for MakerDAO as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for MakerDAO and the cryptocurrency market as a whole.

    MakerDAO Tokenomics

    Next Unlock Events

    Next Unlock Events

    MKR --

    (--% Total Supply)

    $--

    (--% Market Cap)

    Unlock Rounds --

    --

    D

    0

    --

    Unlock Rounds --

    --

    D

    0

    --

    MKR --

    (--% Total Supply)

    $--

    (--% Market Cap)

    Allocations

    Name
    Total
    Unlocked
    Locked
    No record

    Vesting Schedule

    Round
    Token Allocation
    TGE Unlock
    Cliff

    Unlocked

    Locked

    Next Unlock
    Summary
    No record
    Total
    Token Allocation
    Next Unlock
    Summary
    Total
    MKR 0

    MakerDAO Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-03-19
    $2.82 B
    161.67 M MKR
    $3046.65
    N/A
    2024-03-18
    $3.03 B
    286.27 M MKR
    $3279.57
    $3046.65
    2024-03-17
    $2.81 B
    197.06 M MKR
    $3037.39
    $3279.57
    2024-03-16
    $2.64 B
    1.44 MKR
    $2859.98
    $3037.39
    2024-03-15
    $2.68 B
    179.43 M MKR
    $2903.02
    $2859.98
    2024-03-14
    $2.66 B
    208.38 M MKR
    $2885.26
    $2903.02
    2024-03-13
    $2.67 B
    230.8 M MKR
    $2894.4
    $2885.26
    2024-03-12
    $2.41 B
    141.32 M MKR
    $2613.07
    $2894.4