↗ Maker Coin's Transition and Controversy Amid Rebranding and Decentralization
Maker coin, the native token of the decentralized lending platform, MakerDAO , is going through a transformative period. Maker price had a risk of...
The latest data reveals multiple trends and pieces of news revolving around Maker Coin (MKR). A future price prediction suggests that MKR could reach the $3000 mark this June. There's a noteworthy shift of MKR investors transitioning to BDAG as its presale hits $60M against the backdrop of Bitcoin's decline, meanwhile, MKR slumped by 3% after MKR-related wallets deposited $16M into Binance. MakerDAO has announced ambitious plans to introduce 2 new stablecoins and a $1B tokenized treasury investment plan that drew interest from Blackrock's BUIDL, Ondo, and Superstate. MKR whales seem to be playing their cards confidently and accumulated $6M MKR amid a 6% price jump. Cryptocurrency veterans are replacing their Jupiter and Maker holdings with a new meme coin. In terms of DeFi coins predicted for a rise, AAVE, MKR, and OM are at the top. The MakerDAO platform recently faced a challenge when a Bitcoin trading frenzy almost depleted a vault. MakerDAO is also making significant strides, launching a $1B competition for tokenizing real-world assets, and announcing PureDai, a fully decentralized stablecoin, to replace DAI. Amid these developments, MakerDAO and Aave's DeFi conflict has resurfaced over a perceived risk growth in DAI. In the aftermath of a MakerDAO delegate's token theft amounting to $11M in a phishing scam, MakerDAO is teaming up with the Sherlock team for an unprecedented $1.35M security audit contest. Finally, MakerDAO is providing an attractive strategy to bring back the 'DeFi summer', according to its founder, Rune Christensen.
Maker Coin News Analytics from Wed, 13 Sep 2023 07:00:00 GMT to Fri, 19 Jul 2024 06:05:38 GMT - Rating 3 - Innovation 7 - Information 8 - Rumor 5
