MKRMaker
$1,176.66
$63.44
(5.12%)
Vol142,521.00
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Chainlink and Global Banks Launch Project Pangea to Rebuild Cross-Border FX Settlement
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Blockonomi
Lucid (LCID) Stock Tumbles as EV Maker Slashes Workforce by 18% in Latest Restructuring
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Blockonomi
Top 10 NFT Performers by Trading Volume, Courtyard Outshines
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This Was Overlooked: Investment Bank Reveals One of the Most Significant Events for Cryptocurrencies This Year
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Arthur Hayes-Linked Wallet Receives $5.4 Million in ETH from Market Maker Flowdesk
BitcoinWorld Arthur Hayes-Linked Wallet Receives $5.4 Million in ETH from Market Maker Flowdesk A cryptocurrency address linked to BitMEX co-founder Arthur Hayes has received 3,000 Ether (ETH), valued at approximately $5.42 million, from the crypto market-making firm Flowdesk. Th...
BitcoinWorld
XRP’s Role in Reshaping Asian Payment Networks
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Blockonomi
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Bullish/Bearish Forum Sentiment
Indicates whether most users posting on a crypto’s stream over the last 24 hours are bearish or bullish.
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Message Board Activity
Measures the total amount of chatter on a stream over the last 24 hours.
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Discussion Diversity
Measures the number of unique accounts posting on a stream relative to the number of total messages on that stream.
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AboutMKR is a cryptocurrency depicted as a smart contract platform and works alongside the Dai coin and aims to act as a hedge currency that provides traders with a stable alternative to the majority of coins currently available on the market. Maker offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain. Founded almost three years ago, MakerDao is lead by Rune Christensen, its CEO and founder. Maker’s MKR coin is a recent entrant to the market and is not a well known project. However, after today it will be known by many more people after blowing up 40% and it is one of the coins to rise to prominence during the recent peaks and troughs. After being developed by the MakerDAO team, Maker Dai officially went live on December 18th, 2017. Dai is a price stable coin that is suitable for payments, savings, or collateral and provides cryptocurrency traders with increased options concerning opening and closing positions. Dai lives completely on the blockchain chain with its stability unmediated by the legal system or trusted counterparties and helps facilitate trading while staying entirely in the world of cryptocurrencies. The concept of a stablecoin is fairly straight forward – it’s a token that has its price or value pegged to a particular fiat currency. A stablecoin is a token (like Bitcoin and Ethereum) that exists on a blockchain, but unlike Bitcoin or Ethereum, Dai has no volatility. MKR is an ERC-20 token on the Ethereum blockchain and can not be mined. It’s instead created/destroyed in response to DAI price fluctuations in order to keep it hovering around $1 USD. MKR is used to pay transaction fees on the Maker system, and it collateralizes the system. Holding MKR comes with voting rights within Maker’s continuous approval voting system. Bad governance devalues MKR tokens, so MKR holders are incentivized to vote for the good of the entire system. It’s a fully decentralized and democratic structure, then, which is an underutilized USP of blockchain tech. Value volatility is a relative concept among both cryptos and fiat currencies. The US dollar, for example, was worth 110.748 yen on July 9, 2018. On July 4, 2011, $1 was worth 80.64 yen, and on March 18, 1985, $1 was worth 255.65 yen. These are major differences in exchange rates, and inflation within each country makes each currency worth different values even when compared to themselves. One USD in 1913 is worth the equivalent of $25.41 today, and even $1 in 1993 is worth the equivalent of $1.74 today. Stablecoins don’t negate these basic economic principles of value. Instead, both Tether and Dai have values pegged to the U.S. dollar. This is done to stabilize the price.
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Categories
Andreessen Horowitz (a16z) PortfolioAvalanche EcosystemCoinbase 50 IndexDecentralized Finance (DeFi)DragonFly Capital PortfolioEnergi EcosystemEthereum EcosystemGMCI DeFi IndexGMCI IndexGovernanceIndex Coop Defi IndexMade in USAParadigm PortfolioPolychain Capital PortfolioPolygon EcosystemRWA ProtocolReal World Assets (RWA)Sora EcosystemStablecoin Issuer
Date
Market Cap
Volume
Close
June 26, 2026
$0.00
$142,520.86
---
June 26, 2026
$0.00
$125,762.13
---
June 25, 2026
$0.00
$130,486.85
$1,234.83
June 24, 2026
$0.00
$91,388.77
$1,299.84
June 23, 2026
$0.00
$62,886.03
$1,357.84
June 22, 2026
$0.00
$29,300.96
$1,350.87
June 21, 2026
$0.00
$76,458.64
$1,341.30
June 20, 2026
$0.00
$139,516.00
$1,346.44
June 19, 2026
$0.00
$82,888.92
$1,333.10
June 18, 2026
$0.00
$147,412.83
$1,329.45
Fundamentals
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