What is MAKER(MKR)?

Basic information about MKR

Coin name:

Maker

Coin symbol:

Coin introduction:

Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin.

Current Price:

$1.33KMore coin details

All-time high:

$6.29K

All-time low:

$168.36

MKR Supply Info and Tokenomics

Circulating supply:

521,180

Total supply:

90,356

Max supply:

1,005,577

Market cap:

$695.05M

Fully diluted valuation:

$1.34B

What is the outlook and future value of MKR?

The current market cap of MKR is $695.05M, ranked 99 in the market, showing that the market already recognizes the value of MKR. When a bull market arrives, the market cap of MKR may continue to grow.

Moreover, if MKR can play a greater role in real-world applications—such as if the Monero developers can fully empower MKR and establish partnerships with more business partners to expand its user base—then the long-term value of MKR will be further enhanced.

What is the price of MKR in 2027?

According to the historical price performance prediction model of MKR, the price of MKR is expected to reach $1.40K at 2027.

Note: As with any crypto investment, investors should closely monitor MKR’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get MKR?

Purchasing MKR with cash is not the only way to obtain MKR. If you have enough time, you can get MKR for free.

Learn how to get Hot rewards for free with MKR.

Earn free MKR by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get MKR airdrops for free.

All crypto airdrops and rewards can be exchanged for MKR through LBank spot trading.

Buy MKR starting from $1

What is MKR used for and how to use it?

The use cases for MKR may grow with the development of the crypto market and project progress. Currently, you can use MKR to:

Arbitrage trading of MKR

MKR is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many MKR trading pairs to suit your needs.

Earn yield with MKR

You can also lend out MKR or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your MKR gains.

Send or pay with MKR

If you want to pay someone with MKR, you can easily and quickly send MKR to them using their receiving address.

You can also visit the official website of Maker to learn more use cases of MKR, such as whether the Maker project supports community/eco apps or buying physical or virtual goods with MKR.