MakerDAO is considering offboarding
WBTC due to the recent Wrapped Bitcoin structure changes. Additionally, Asset Manager
Grayscale has launched a cryptocurrency fund for MakerDAO's
MKR, boosting its price by approximately 3%. The fund is part of Grayscale's continuous expansion spree and redemption service for MKR, which promises big gains for crypto investors.
Furthermore, the
Maker coin has recorded positive moves while majority of other coins are in a bearish trend. They are also preparing to launch their 'Endgame', aiming for 100B
DAI to compete with
Tether. There are also numerous other milestones and announcements from MakerDAO such as the
$1B Tokenized Treasury Investment Plan, the debut of
YOURAI token, the
PureDai stablecoin, along with several challenges faced by the blockchain.
However, MakerDAO is not without its problems, events like a phishing scam and a hack that victimized its users cast shadows over its potential rise. As of today,
Maker Whales have been accumulating $6 Million MKR leading to a 6% price jump.
Maker Coin News Analytics from Wed, 13 Sep 2023 07:00:00 GMT to Wed, 14 Aug 2024 18:15:38 GMT -
Rating -5
- Innovation 7
- Information 8
- Rumor 2
