Maker Coin is evidently undergoing notable changes and significant interventions. A change is experienced as Maker DeFi lending protocol switches to
Sky, arranging for the launch of USDS stablecoin.
MKR price has recently hit a 2-week high, approached massive resistance while also witnessing impressive growth. However, in a contrasting event,
Maker dropped to a 12-month low, targeting $511. Despite this,
MKR attracted confidence portraying positive indications for trend reversal while showing chances of a $2,500 move. The involvement of
Grayscale offering investment in
MakerDAO token amplifies its value. Rumours around Wintermute acting as a market maker for ACT Meme Coin also surfaced. Controversially, accusations of Market manipulation and fraud against
crypto market makers made news. In a surprising event,
MKR holders swapped votes on Sky brand, however, plans to rebrand DeFi protocol Sky back to Maker subdued due to whale voters.
MKR is having a tumultuous journey filled with highs and lows, supported by robust revenue yet lagging behind other coins. Despite all, the cryptocurrency is consistently eyed for exponential gains and position as a millionaire-making stock.
Maker Coin News Analytics from Fri, 09 Aug 2024 07:00:00 GMT to Wed, 16 Apr 2025 16:03:17 GMT -
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