The **cryptocurrency MKR** continues to make headlines with **multiple developments** impacting the coin's outlook. **MakerDAO**, the platform behind MKR, has announced a rebranding to 'Sky' and plans to release a new stablecoin and governance token. Further, an **optional conversion** opportunity for MKR holders into the new governance token raises curiosity. Continued **positive movement** in MKR price amidst market volatility signals robust investor interest. The **Grayscale Trust expansion** into MakerDAO asserts the coin's growing institutional acceptance. Recent **upgrades in MKR and DAI tokens** have been rolled out, although with certain catches. MKR's role in decentralized finance is gaining traction, hinting **possibility of significant growth**. In terms of price predictions, there is optimism that **MKR could touch the $3000 mark**. However, short-term pressure is also evident due to MKR-related wallets depositing a substantial amount into Binance. The **MKR token** nears 16-month high as heavenly accumulation continues in spite of a phishing attack affecting MakerDAO. With continual developments and adaptations, MKR appears well poised for future growth while offering investment interest for crypto traders.
MKR Coin News Analytics from Sat, 23 Dec 2017 13:59:55 GMT to Wed, 28 Aug 2024 07:00:00 GMT -
Rating 7
- Innovation 7
- Information 7
- Rumor 3