MKR coin, known as
MakerDAO, has exerted significant impact on the cryptocurrency market. There are projections made about its price hitting a high from
2025 through 2031. An important subject is the possibility of the coin reaching
$2000. Notably,
Binance has indicated support for the token in its
swap, redenomination, and rebranding to
Sky (SKY). A major restructuring of
MakerDAO has happened, including the optional upgrade of its
DAI stablecoin to
USDS. The
MKR token is now replaced by the
SKY token, for governance purpose. Significant movements in price, like a
2-week high and a
23% spike, followed by signs of a trend reversal have also been reported. Maker's future looks promising despite past volatility and a possible rebranding reverse. Contemplations about abandoning the
Sky brand have also been sparked by
MakerDAO. There's a notable
Grayscale investment fund specifically for MKR token. The
MakerDAO underwent rebranding to
Sky and considered launching a new
stablecoin and
governance token. Despite these developments, MKR is lagging behind other tokens in countenance of the protocol's robust revenue. There was also a talk about dropping the use of wrapped Bitcoin after a governance vote. Additional discussions involve MKR's future, signalizing at potential price upside and strategic shifts.
MKR Coin News Analytics from Sun, 29 Jan 2017 19:38:31 GMT to Fri, 18 Jul 2025 07:00:00 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor 4
