Grayscale has introduced an investment fund specifically for MakerDAO's MKR token. Despite experiencing a post-rebrand dip, market predictions indicate that the MKR coin could rise again by 2025. Meanwhile, Maker (MKR) is set for a 20% rally despite current market headwinds. MakerDAO has rebranded as Sky and unveiled a new stablecoin, USDS, on Solana. However, there is ongoing debate regarding the dropping of the Sky brand due to the negative performance in crypto markets post-rebrand.
Analysts predict another 2X run for the Maker coin in Q4, despite lagging behind competing tokens. Rumors circulate that Wintermute could become the market maker for the ACT meme coin. Conversely, three others, including meme coin 'market maker' Gotbit, have been charged with crypto market manipulation. Sky's recent launch of the USDS Stablecoin has invited criticism surrounding a possible remote freeze function.
SEC approval has been granted to crypto wallet Maker Exodus to list on NYSE American following a previous denial in May. Amid this action, MakerDAO reconsiders their rebranding to Sky. A crypto market maker, Cumberland DRW, faces a lawsuit from the SEC. MakerDAO plans to offer optional MKR conversions for the new governance token. Analysts consider various tokens as potential millionaire-maker coins for 2025 while the identity of Bitcoin’s creator Satoshi Nakamoto remains under speculation.
Maker Coin News Analytics from Tue, 23 Apr 2024 07:00:00 GMT to Mon, 30 Dec 2024 22:52:54 GMT -
Rating 4
- Innovation 2
- Information 8
- Rumor -2
