MKR Coin, despite its post-rebrand dip, continues to show signs of potential resurgence. A notable crypto partner moved a significant amount in MKR and AAVE to Coinbase following a loss, indicating persisting faith in the coin. The coin hit a 2-week high, demonstrating accelerating investor interest. Despite potential pullbacks, the community eagerly awaits the possibility of it extending its rally, speculating about potential 15% gains. Its robust revenue seems to override concerns about its token's lagging. Market trends suggest that MKR is on the verge of a breakout, potentially leading to a bullish rally. The recent crypto whale activities indicate a marked uptick in key altcoin investments. Despite the rebranding of MakerDAO to 'Sky,' the MKR Coin remains buoyant. The coin faces key resistance after a 40% rally and is subject of much speculation. Noteworthy however, is the proposal of a rebrand back to Maker from Sky. Institutions such as Grayscale have shown direct interest by launching an investment fund for MKR. Whales are speculated to have started accumulating the coin. The coin's founder has proposed upgrades to improve the state of the coin, doubling the interest of consumers in the past month. In spite of all this, caution is suggested by many due to potential market volatility.
MKR Coin News Analytics from Wed, 22 Nov 2017 23:55:58 GMT to Wed, 30 Apr 2025 02:01:47 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 4