Maker (MKR), an Ethereum-based decentralized finance (DeFi) project, has been under the spotlight due to several substantial shifts and controversial moves. It is speculated that MKR could reach highs of $2000 by 2025 or 2031.
Binance is facilitating a token swap where MKR is being rebranded to
Sky (SKY), which has caused the price to
sprint upward by 23% in one instance. MKR even drew attention from
crypto whales, resulting in price spikes. Also, the Sky rebranding was met with some contention, leading to discussions about reverting to the original name. Other noteworthy news includes MKR hitting a 12-month low and looking to reach $511, risks around $1500 amid network milestones, and Grayscale launching an
investment fund for the MKR token. Founder of Ethereum,
Vitalik Buterin, sold his remaining MKR holdings, triggering speculations about his views on MakerDAO's future. MakerDAO, irrespective of the branding controversy, has demonstrated robust revenue, and itβs looking into increased
network activity.
MKR Coin News Analytics from Sun, 29 Jan 2017 19:38:31 GMT to Fri, 18 Jul 2025 07:00:00 GMT -
Rating -1
- Innovation 3
- Information 7
- Rumor 6