Maker coin (MKR), amidst various market signals, displays an exciting trajectory. The MKR indicates future highs by 2025. MKR, currently engaging with massive resistance levels, has hit a two-week high. The coin has demonstrated promising performance with price surges flashing signs of trend reversals. Interestingly, MKR is set for a 20% rally regardless of present market headwinds. Key market participants speculate MKR could reach an explosive $6,500 milestone per unit.
MakerDAO has undergone a rebranding to 'Sky', proceeding with the launch of its stablecoin, USDS, on the Solana platform. However, the community is considering reverting back to Maker. The platform's primary token, MKR, might be rendered unusable under Sky, pushing for the implementation of subDAOs. Amid these changes, Sky/Maker comes under scrutiny for potential security flaws worth $756M.
Controversially,
Movement Network undertakes to buy back $38M of tokens recovered from a rogue market maker. With implications of market manipulation, authorities charged Meme Coin's 'Market Maker' Gotbit, and movement Lab's co-founder was suspended following market controversies.
Coinbase is set to delist the Movement's MOVE token in the aftermath of these events.
Crypto exchanges offering lowest fees and zero fee services remain top-pick platforms for investors eyeing MKR and other thriving altcoins.
Maker Coin News Analytics from Fri, 26 Jul 2024 07:00:00 GMT to Mon, 09 Jun 2025 11:07:00 GMT -
Rating 6
- Innovation -3
- Information 8
- Rumor -3
