| 
| Maker 
| #MKR
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| MKR Price: | $701 | | Volume: | $14.4 M | | All Time High: | $6,299 | | Market Cap: | $0.7 B |
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| Circulating Supply: | 977,631 |
| Exchanges: | 47
| | Total Supply: | 977,631 |
| Markets: | 76
| | Max Supply: | 1,000,000 |
| Pairs: | 62
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The price of #MKR today is $701 USD.
The lowest MKR price for this period was $0, the highest was $701, and the current live price for one MKR coin is $700.94938.
The all-time high MKR coin price was $6,299.
Use our custom price calculator to see the hypothetical price of MKR with market cap of ETH or other crypto coins. |
The code for Maker is #MKR.
Maker is 6 years old. |
The current market capitalization for Maker is $685,269,841.
Maker is ranked #68 out of all coins, by market cap (and other factors). |
The trading volume is large today for #MKR.
Today's 24-hour trading volume across all exchanges for Maker is $14,442,231. |
The circulating supply of MKR is 977,631 coins, which is 98% of the maximum coin supply.
A highlight of Maker is it's unusually low supply of coins, as this supports higher prices due to supply and demand in the market. |
MKR is well integrated with many pairings with other cryptocurrencies and is listed on at least 47 crypto exchanges.
View #MKR trading pairs and crypto exchanges that currently support #MKR purchase. |
 | MEXC's Changing for You | The 1st Exchange to Launch a Zero Maker Fee Ev...
PRESS RELEASE. In September of this year, blockchain media outlet, Cointelegraph, reported that cryptocurrency trading platform MEXC has ranked as the world's top liquidity provider. Recently, MEXC announced the growth of its contract business, and its average daily trading volume has reached an increase of 1,200%.
?Users first, MEXC's Changing for you?has always been the service philosophy that MEXC adheres to. The 'Zero Maker Fee' Event is set to launch to give back to MEXC's futures users. The activity starts on December 1st.
It is understood that to date, among the mainstream cryptocurrency trading platforms, MEXC is the only platform in the world that offers zero maker fee for futures pending orders. Andrew Weiner, VP of MEXC, said: 'In 2022, we will focus on optimizing futures products and basic liquidity according to users' needs. Presently, our liquidity has reached rank 1 globally amongst the top 50 trading platforms by market value.'
Since Q4 of 2018, MEXC has consistently launched and upgraded their futures products. In October 2022, MEXC upgraded the futures products and launched the second-level K-line function. These upgrades not only gave users a better trading experience but also met users' needs for more timely and intuitive transaction information - allowing users to experience real-time prices, trading volume, order depth, and more exciting and technical features.
In terms of consistently engaging with MEXC users, MEXC regularly launches Futures M-Day, Supe...
|  | MEXC Global Becomes 1st Exchange to Launch a Zero Maker Fee Event for Fu...
[PRESS RELEASE - Please Read Disclaimer]
In September of this year, blockchain media outlet, Cointelegraph reported that cryptocurrency trading platform MEXC has ranked as the world's top liquidity provider. Recently, MEXC announced the growth of its contract businesses, and its average daily trading volume has reached an increase of 1,200%.
MEXC
[Users first, MEXC's Changing for you] has always been the service philosophy that MEXC adheres to. The 'Zero Maker Fee' Event is set to launch to give back to MEXC's futures users. The activity starts on December 1st.
It is understood that to date, among the mainstream cryptocurrency trading platforms, MEXC is the only platform in the world that offers zero maker fee for futures pending orders. Andrew Weiner, VP of MEXC, said: 'In 2022, we will focus on optimizing futures products and basic liquidity according to users' needs. Presently, our liquidity has reached rank 1 globally amongst the top 50 trading platforms by market value.'
Since Q4 of 2018, MEXC has consistently launched and upgraded their futures products. In October 2022, MEXC upgraded the futures products and launched the second-level K-line function. These upgrades not only gave users a better trading experience but also met users' needs for more timely and intuitive transaction information - allowing users to experience real-time prices, trading volume, order depth, and more exciting and technical features.
In terms of consistently engaging with MEXC users, MEXC regul...
|  | Maker (MKR) Records 13% Gains Undeterred By Market Downtrends
MKR, the native token of the Maker Protocol, has recorded substantial gains despite the most recent market downturn. After news of FTX’s liquidity crisis rocked the crypto market, several coins have struggled to bag daily gains to no avail. However, MakerDAO’s governance token has experienced an impressive surge today. Specifically, MKR trades at $873 press time, gaining over 26% on the day.
Despite the huge jump in the day, Maker still hasn’t recovered its weekly losses. However, if its bullish trend continues, it might fully recover in a short time.
MKR Surges As Bullish Momentum Kicks In
After a steep drop and sell-off over the last day, bulls have succeeded in turning around the Maker's (MKR) negative trend. MKR's price increased by $177.40, or 13.64 percent, to $840 during this recovery. The main catalyst for the price surge is an increase in 1-day trading activities and market cap. Specifically, MKR saw a 27.26% increase in its market capitalization and a 15.37% surge in trading volume.
MKR’s gains were most felt in the DeFi sector of the Maker Protocol. According to a Token Terminal Intern on Twitter, the DeFi sector lost around 20% of its total value locked in the last 24 hours. This is unsurprising and expected due to FTX’s controversy. However, despite the downturn, Maker recorded an increase in its TVL. Precisely, Maker saw a TVL increase of 28% over the same period.
This increase results from the recent surge in borrowing activ...
|  | Playing Card Maker Bicycle to Feature Bored Ape #1,227 in Upcoming Colle...
Last year, when the non-fungible token (NFT) industry was frothing over, the 137-year-old playing card manufacturer Bicycle issued NFTs called the Genesis Collection and in June, Bicycle purchased Bored Ape Yacht Club #1,227. Bicycle and parent company Cartamundi Group announced on Tuesday that the playing card firm plans to launch a classic Bicycle card deck featuring the company's Bored Ape. Bicycle Plans to Create a Bored Ape-Themed Playing Card Deck and a Physical Deck for the Genesis Collection
The company that started making playing cards in 1885, Bicycle, has plans to release a new playing card deck that features one of the Bored Ape Yacht Club (BAYC) NFTs. Bitcoin.com News reported on Bicycle getting into NFTs with the Genesis Collection, a compilation of futuristic playing cards created by the artist Adrian Valenzuela. While the Genesis Collection sold out, Bicycle revealed on Tuesday that people can still acquire the Main Genesis Collection.
Bicycle also plans to release a Genesis Collection-centric physical collectible deck that will be distributed to NFT holders. In June, Bicycle purchased BAYC #1,227, an NFT that was sold to the company for 103 ETH. Ethereum (ETH) at the time, was trading hands for $1,858 per coin on June 6, 2022, the day it was purchased. 103 ETH today is valued at $135K and the current highest bid for BAYC #1,227 today, according to Opensea, is 73.85 ether or $96,550.
'Bored Ape #1227 will also be featured on a classic Bicycle card deck launchi...
|  | Maker DAO Trends Higher As 50 EMA Holds As Support, Can The Price Breach...
MKR's price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1,200.
MKR bounced from a low of $600 as the price rallied to a high of $1,000, preparing for a rally as the price eyes $1,200 key resistance. The price of MKR continues to trade above 50 Exponential Moving Average (EMA) on the daily timeframe.
The price actions shown by Bitcoin (BTC) have affected most altcoins negatively as some have lost their key support, but Maker Dao (MKR) continues to show immersed strength as price breaks out of a long downtrend movement. The Consumer Price Index (CPI) news released recently had a great deal of effect on the crypto market as the price of BTC declined to a low of $18,200 before a bounce to $19,300, with many altcoins like Trust Wallet Token showing bullish strength regardless.
|  | Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak
Tron rose to a one-month high in today's session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX)
Tron (TRX) surged to a four-week high to start the week, hitting a key resistance point in the process.
Following a low of $0.06234 on Monday, TRX/USD climbed to a peak of $0.06492 earlier in the day.
This saw prices near a collision with a key resistance point of $0.06500, hitting their strongest point since September 11 in the process.
As can be seen from the chart, earlier gains have somewhat eased, as traders liquidated their positions at this point of resistance.
Currently tron is trading at $0.06369, despite the day's slippage, remaining nearly 2% higher than yesterday's low.
As of writing, the 14-day relative strength index (RSI) is tracking at 61.65, which is its highest point in over five months, and could potentially give way to the reemergence of bears later in the week.
Maker (MKR)
Maker (MKR) was also in the green on Monday, as the token was trading close to a two-month high.
Following a high of $1,111.14 on Sunday, MKR/USD slipped to an intraday low of $882.56 earlier today.
Prices of the token have been climbing over the past week, since hitting a floor of $815.00 last Friday.
As of writing, maker is currently trading at $940.45, with the RSI tracking above 70, which is in overb...
|  | TOP 5 Cryptocurrencies To Watch This Week – BNB, BTC, ETH, MATIC, ...
The crypto market saw prices move from key support across all boards, with the crypto marketcap finding some relief recently as it aims to reclaim its resistance of $1.2 trillion. This has led to market sentiments returning bullish, with many crypto assets rallying from the key support and producing double-digit gains. Let us focus on the top 5 cryptocurrencies you should pay attention to this week.
Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose.
TOP 5 Cryptocurrencies - Bitcoin (BTC) Price Analysis
Daily BTC Price Chart | Source: BTCUSDT On Tradingview.com
Daily BTC Price Chart | Source: BTCUSDT On Tradingview.comFrom the chart, the price of BTC was rejected from $20,400, with bulls trying to push the price above this region, acting as resistance for BTC price.
BTC is currently trading at $19,200 at the point of writing this article. The price of BTC could not break out of the ascending triangle it formed as the price continued to range in the triangle with the hopes of breaking out to the upside. The price of BTC at $18,800 continues to act as support for BTC price; a break below this price could see BTC retesting lower support of $17,700-$17,000.
A breakout above the ascending triangle could see the price rally to a high of $21,500-$22,000.
Price Analysis Of Ethereum (ETH) On The Daily (1D) Chart
Daily ETH Price Chart | Source: ETHUSDT On Trad...
|  | Maker (MKR) Continues Its Positive Moves, Neglecting Weekly Market Trend...
Despite the general bearish trend in the cryptocurrency market at the moment, the Maker token continues to thrive. Maker is currently trading at $811.28 today. It also currently ranks at number 55 on CoinMarketCap.
The price change in 24 hours is over $50. Currently: the 24-hour low stands at $752.01 while the high is $816.50.
What Is Boosting The Price Of Maker Despite The General Bearish Sentiments? After the Ethereum merge, numerous predictions failed since the price of ETH decreased rather than increased. Miners were dumped for validators and lost out on profits. It led to many miners trading in their ETH just before the merge date.
The maker token is built on the Ethereum blockchain, a stablecoin that is soft-pegged to the US dollar.
The peg to the US dollar helped stabilize the token more in a volatile market. Maker is one of the pioneers in Decentralized Finance (DeFi). Users opt for decentralized exchanges because they are easy to use.
Also, users can partake in the governance of their tokens directly through voting. The flexibility on the platform is making more people adopt the token since Bitcoin and Ethereum prices are plummeting.
The high trading volume of Maker makes it ideal for day traders to make profits on it. The trading volume currently stands at $48,101,071.
MKR's price is currently trading above $805. | Source: MKRUSD price chart from TradingView.com
MKR Predicted To Go Bearish Shortly
Market sentiments for MKR are strongly tipping the coin t...
|  | Maker DAO Shows Bullish Sentiment After A While, Eyes $800?
MKR trades below 50 and 200 EMA on the daily timeframe.
Price breaks out of a falling wedge with eyes set on key resistance of $800. The price looks strong on low and high timeframes. Maker DAO (MKR) price has had a rough time recently as price beaks out of falling wedge on the daily timeframe against tether (USDT). Despite being a major player in the crypto industry, the price of Maker DAO (MKR) has struggled to replicate its run to a high of $8,000. (Data from Binance)
Maker DAO (MKR) Price Analysis On The Weekly Chart
The price of MKR has had a fantastic run, with such movement from a low of $750 to a high of $8,000 in a matter of weeks, creating a sense of surrealism in the hearts of traders and major crypto players.
Despite such a run, the bear market has had an impact on MKR's price, which has fallen from $8,000 to $600, a drop of more than 70% from its all-time high.
The price of MKR rallied from its weekly low of $600 to a high of $1,100 before failing to break above that region to higher heights and falling to a low of $650.
MKR's price must break and close above $1,100 in order to have a better chance of trading higher. The price of MKR has formed a downtrend line, which is acting as resistance; flipping the area of $1,100, which is acting as weekly resistance, into support will signal a more relief bounce for the price of MKR.
If the price of MKR fails to break through this key resistance region, the price of MKR may retest the $600 support and demand ...
|  | Crypto Market Maker Wintermute Hackers Drain $160M, Profanity Bug Suspec...
UK-based crypto market maker Wintermute suffered a loss of approximately $160 million.
In a series of tweets, the company's founder and chief executive, Evgeny Gaevoy, revealed that the decentralized finance operations had been compromised. The centralized finance and over-the-counter verticals have not been affected.
Blockchain security expert Certik recorded that $162,509,665 had been stolen over 13 transactions and speculated that the exploit could have resulted from a brute force attack on the Profanity wallet.
The attacker took advantage of a leaked private key which they were able to utilize to set their malicious contract as the swap contract.
Notably, the private key compromise stemmed from a vulnerability in the Profanity wallet reported last week by 1inch in a security disclosure report.
After it was detected by the decentralized exchange aggregator, a hacker stole over $3 million worth of cryptocurrencies from several Ethereum addresses generated with the Profanity tool.
Despite the hack, Gaevoy has assured that Wintermute, whose backers include Lightspeed Venture Partners, Pantera Capital, as well as Fidelity's Avon, has 'twice over that amount in equity left.'
“If you have a MM agreement with Wintermute, your funds are safe. There will be a disruption in our services today and potentially for the next few days and will get back to normal after. Out of 90 assets that have been hacked only two have been for notional over $1 million (and none more than $2.5M...
|  | 500,000 DAI From DAO Maker Exploit Was Sent Through Tornado Cash, Securi...
On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The digital assets originally stemmed from the DAO Maker breach that saw the loss of more than $7 million in ERC20 tokens and stablecoins.Address Directly Connected to DAO Maker Hack Sends 500,000 DAI Through Tornado Cash
Despite the U.S. government banning the Ethereum-based mixing application Tornado Cash, the application is still used regularly. On Thursday, the crypto security company Certik tweeted at 7:30 p.m. (ET) about the movement of DAI. 'We are seeing a movement of 500,000 DAI to Tornado Cash from EOA 0x0B789,' Certik said. 'The address is directly connected to the DAO Maker exploiter who stole funds from [the DAO Maker]. Stay safe out there.'
DAO Maker is a crowdfunding decentralized finance (defi) application and is not the same project as Makerdao, the issuer of the stablecoin DAI. The crypto-fueled fundraising protocol DAO Maker was hacked in August 2021, according to an ask-me-anything (AMA) event featuring DAO Maker's CEO Christoph Zaknun. The hackers were able to siphon $7 million in ERC20 tokens and stablecoins from 5,251 user accounts. At the time, the blockchain firm Cipherblade detailed it was conducting an investigation into the DAO Maker exploit.
In addition to Certik, the crypto security firm Peckshield confirmed that 500,000 DAI stemming from the August 202...
|  | MEXC Firstly Announces ZERO Maker Fee Promotion for All Spot Trades
[PR – Please read disclaimer]
The leading digital asset and cryptocurrency trading platform MEXC firstly introduces 0 maker fee rate offering for all spot trading users from since August 31st. The 0 maker fee policy applies to all spot trading pairs on MEXC. This marks a ground-breaking level of user experience that has been brought to the crypto space for all traders.
For now, reports show that MEXC reaches a spot daily trading volume of $1.6B, and more than 1,500 trading pairs are listed on MEXC, according to CoinMarketCap. While the zero maker fee policy is introduced, more than 7 million users worldwide will benefit from the promotion in every single spot trading activity.
With the value of “Users first, Service foremost”, MEXC keeps making efforts and remains competitive regarding the user experience in the ever-changing cryptocurrency market, since founded in 2018. Especially over the past months, MEXC team has successfully pushed the boundaries forward. In April, MEXC firstly introduced the NFT Index product to help people around the world take part in NFTs more affordably. In August, MEXC introduced MX/USDT perpetual trading, and then launched trade mining feature on the platform, and more to come.
MEXC’s VP Andrew Weiner commented, “As the first exchange in the industry to announce zero maker fee for all spot trading pairs, MEXC continues to win supports and trust from our user community in every timing the market changes. We are dedicat...
|  | TradeStation Crypto lists 6 new coins: AAVE, COMP, LINK, MATIC, MKR, and...
TradeStation Crypto, a self-clearing online brokerage for trading cryptocurrencies, today announced adding trading support for six additional coins to its trading platform.
The coins below are now available to TradeStation Crypto clients:
Aave (AAVE
Compound (COMP
Chainlink (LINK)
Polygon (MATIC)
Maker (MKR)
Shiba Inu (SHIB)
“We are thrilled to expand the number of coins we support. Each coin was chosen for our platform following a rigorous selection process, weighing customer demand and market sentiment. We are continuing to assess additional coins to further expand our services and serve our clients.”
- James Putra, Vice President, Product Strategy of TradeStation Crypto
In addition to the six newly added coins, clients will continue to have access to trade Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and USD Coin (USDC).
All six tokens are now available for trading on our crypto web and mobile applications alongside our suite of APIs that include both REST and FIX API.
For each trading pair, TradeStation Crypto aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system designed to give its clients enhanced visibility and trade execution.
Beyond trading, TradeStation Crypto clients have access to knowledgeable client services and technical support teams, and helpful educational tools for investors and traders with varying levels of experience.
Clients can also own cryptocurr...
|  | Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Contin...
MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed by over 10% on Monday, after hitting a ten-month low during the weekend.
Maker (MKR)
MKR was a notable mover to start the week, as prices climbed nearly 20% on Monday, following recent declines.
Following an intraday bottom of $789.20 on Sunday, MKR/USD raced to a peak of $948.50, as prices neared a key resistance point.
This level is the $1,000 mark, which was broken last week, for the first time since December 2020.
However, bulls seem to have re-entered following this multi-year low, and using this as an opportunity to 'buy the dip'.
As of writing, earlier gains have somewhat eased, with MKR trading around $40 lower than today's previous peak.
This comes as the 14-day RSI hit a resistance point of its own, at the 43 level, which likely triggered bulls into selling.
Avalanche (AVAX)
AVAX was also higher for a second consecutive session, moving away from a ten-month low in the process.
Following a drop to $13.91, which is its lowest point since August 2021 over the weekend, AVAX/USD rebounded to start the week.
This surge saw prices hit an intraday high of $17.82, which is over 15% higher than the low during the weekend.
Bulls now seem set on taking prices back towards a key resistance level of $22, and this might be a realistic target, following another breakout.
This breakout is of the ceiling on the 14-day RSI of 34.75, which was b...
|  | Firstrade Lists ENJ, MKR, BNT & COMP
Just weeks after launching its cryptocurrency trading platform, online brokerage Firstrade Securities has already begun expanding its available crypto listings. The most recent additions to the tradeable crypto coins on Firstrade are ENJ (Enjin), Maker (MKR), Bancor Network Token (BNT) and Compound (COMP). The latest 4 coins now make a total of 41 available cryptocurrencies on the Firstrade crypto platform.
Enjin (ENJ) is a decentralized network on Ethereum which enables Developers to create and manage digital assets like NFTs, for game developments. The Maker (MKR) is a decentralized network, also on the Ethereum network, which primarily functions as a governance token for MakerDAO and as a fully functioning DeFi ecosystem.
Compound (COMP) is similar, also a decentralized finance ecosystem on ETH, and Bancor Network Token (BNT), operates pools which bring Ethereum and other blockchains together.
Why Trade Crypto on Firstrade?
Traders and investors can get started trading fractional amounts of cryptocurrency on Firstrade. The minimum allowable cryptocurrency trade that can be executed on Firstrade crypto is $1.
Customers can trade positions on coins through either limit or market orders, breaking down barriers to entry when trading cryptocurrencies such as custody and storage.
Advanced Trading Suite for Firstrade Customers
The addition of more cryptocurrencies is happening less than a month since the initial launch of the Firstrade crypto trading platform. Firstrade has a pub...
|  | DAO Maker Gears Up to Release Maradona D10S NFT, This April 2022
PRESS RELEASE. GREENSBORO, April 11, 2022 - DAO Maker, a leading launchpad for cryptocurrency projects, is launching an NFT collection celebrating the late Argentinian football hero Diego Maradona this month. It is the first official Maradona-licensed NFT project and has the backing of all five of the athlete's heirs. The football legend's daughter Jana Maradona stated, 'Maradona D10S NFTs is the first time all heirs have come together in a creative collaboration since Diego's passing.'
The collection comprises 5,000 profile pictures of Maradona, which fans can use as avatars and support nearly any blockchain. The token is Ethereum-based and launches with the opening of the 2022 FIFA season to memorize the global icon.
It is also an opportunity for DAO Maker to impact the industry positively. Per CEO Christoph Zaknun, 'The NFT space quickly became toxic and full of fraudulent activity. We are entering this market with an aim to fix these problems while offering a venue for celebrities & founders that want legit NFT drops.'
Diego Maradona had millions of fans worldwide. DAO Maker realizes that and wants to offer them a unique way to remember their hero. At the same time, they see the enormous potential in this industry and are taking the first step to look for innovations that could make a significant impact in the vast world of cryptocurrency.
The Maradona D10S project will offer the infrastructure needed to further the growth and adaptation of NFTs. It is entering this land...
|  | DAO Maker New NFT Launchpad to Host First-Ever Licensed Maradona Collect...
[PRESS RELEASE - Prague, Czech Republic, 6th April 2022]
DAO Maker, the leading IDO and IGO launchpad for cryptocurrency projects, ventures into the world of NFTs. More specifically, the team is launching an NFT launchpad, with the first project being the Maradona D10S NFT collection. It is the first-ever Maradona-licensed collection to come to market, supported by all five of the soccer star’s heirs.
DAO Maker has built up a strong market position through its multiple launchpad solutions. The platform primarily facilitates Initial DEX Offering (IDO) and Initial Gaming Offering (IGO) solutions and will now explore similar opportunities in the non-fungible token space. NFTs have seen a tremendous popularity surge in 2021 and the demand for NFT-related launchpad solutions rises quickly.
The DAO Maker launchpad has yielded dozens of projects exploring IDO and IGO approaches. But, more importantly, DAO Maker was the first major launchpad to facilitate these approaches and the first incubation hub to explore new opportunities in the space.
That approach allowed DAO Maker to become one of the largest networks in 2021, with over 135,000 KYC-verified users and over 270,000 followers on Twitter.
The next crucial venture for DAO Maker revolves around its upcoming Maradona D10S NFT drop. The NFT collection features various profile pictures of the late and great Diego Maradona and celebrates the upcoming launch of FIFA 2022. Moreover, the legend's fans can use the profile pictures ...
|  | Biggest Movers: SAND Surges on HSBC Partnership — MKR, WAVES Both ...
SAND was higher on Wednesday, as it was announced that HSBC was set to enter the Metaverse via The Sandbox. While up nearly 10% on the news, MKR and WAVES were also some of today's leading gainers.
The Sandbox (SAND)
On Wednesday, it was confirmed that The Sandbox and the British financial institution HSBC agreed to a partnership that would see the bank enter the metaverse.
The news saw the project's native token SAND surge in today's session, climbing by over 9% as of writing this, moving away from its recent support level in the process.
Following its rally from support of $2.65, SAND/USD hit an intraday high of $3.01, which is its highest level since March 9.
This move came as the 14-day Relative Strength Index (RSI) rose past its ceiling of 42.5, which took place for the first time since the end of February.
Now tracking at 45.4, the RSI is approaching yet another resistance point, this time at 46.25, a level which hasn't been in almost four weeks.
Should this happen, the first price target will be the $3.15 level, which has acted as resistance in the past.
WAVES
Although SAND/USD was today's biggest gainer, WAVES was a close second, with MKR flanking in third place.
WAVES once again broke past recent resistance of $29.10, on its way to its highest level since October 27, when price peaked at $33.86.
As of writing this, WAVES/USD rose to an intraday high of $30.98, which is over 8% higher than yesterday's low of $26.06.
WAVES lost momentum following today's breakou...
|  | DAO Maker Launches Public SHOs For Investing In Crypto Startups
DAO Maker, a platform for retail venture investing in equity and tokens, has launched Public Strong Holder Offering (SHO) as its latest service to facilitate fundraising for blockchain and cryptocurrency startups. Through this Public SHO, DAO Maker has opened the floodgates to access an unprecedented volume of market liquidity.
SHOs are a mechanism or service which utilizes certain procedures to choose genuine investors for funding crypto projects. For example, SHOs analyze on-chain data, user activity, liquidity provider (LP) status, and interaction with previous projects. These data sets help in choosing the right kind of investors for a particular startup, building a community around the project. Investors too can apply for a refund if the projects perform poorly and the developer team fails to deliver.
The Public SHO model from DAO Maker is a first-of-its-kind innovation in the crypto investing space.
Facilitating Fundraising With DAO Maker’s Public SHO
DAO Maker makes participation in fundraising procedures accessible and open to a diverse set of crypto holders. Any user who has completed the KYC process and has $2500 worth of crypto in their wallet on EVM-compatible networks can participate. The platform creates a profile on the basis of the user’s wallet activity. Thus, projects can choose investors from designated groups like DeFi, NFTs, GameFi, depending on wallet usage.
The DAO Maker Public SHO is divided into two segments: the ‘Freemium’ and...
|  | Huobi Global Becomes First Exchange to Offer Maker Fee Rebates for All U...
[PRESS RELEASE - Please Read Disclaimer]
Huobi Global, one of the world's leading digital asset exchanges, today announced the launch of a trading fee rebate campaign for USDT-margined futures, becoming the first cryptocurrency exchange to offer maker fee rebates (as high as 0.015%) for all users. The platform also offers amongst the lowest taker fees in the market: even normal users can receive 0.02% taker fees for trading USDT-margined futures.
Commonplace amongst digital asset trading platforms, the maker and taker model is a method to separate orders that provide liquidity (maker orders) and those that take liquidity (taker orders). In contrast to a taker order, which gets the fee when the order is matched instantly against an order already on the order book, a maker order gets the fee when the order is placed to the order book and is waiting for others to match with it. This particular campaign is unique in that it incentivizes all individual users who trade as a maker by offering them an additional 0.015% of their USDT-margined futures’ trading volumes.
USDT-margined futures play a vital role as derivatives by enabling investors to hedge a position, speculate on an underlying asset, or leverage their positions. With stablecoin USDT as the margin asset, users can trade multiple contracts without needing to purchase various assets. When people trade USDT-margined futures, the profits are calculated in USDT, making it easier for investors to benchmark and calculate p...
|  | Timechain DEX Introduces Liquidity Pools & Farming Features on Its Autom...
Decentralized financial ecosystem, Timechain announced the launch of new features to its decentralized exchange (DEX), this Monday, bringing the world of decentralized finance (DeFi) to its users. The new DeFi features include staking, liquidity pools, yield farming, and permissionless lending and borrowing. Additionally, users will be able to swap thousands of cryptocurrencies on multiple blockchains including assets on Binance Smart Chain, Ethereum, and Fantom ecosystems.
Since the start of 2020, the DeFi ecosystem has soared exponentially in value as developers introduced new ways for users to make their capital work. In 2021, the industry further blossomed as Layer 1 scalability solutions such as Solana and Layer 2 solutions including Polygon, Fantom, and Avalanche were built on Etherum, reducing the gas costs and transaction times greatly.
According to DeFi Pulse data, the total locked value (TVL) DeFi ecosystem has grown from $10.5 billion in January 2020 to a high of $112 billion in November 2021, representing almost 10X growth during the period. One of the leading applications of DeFi supporting the gargantuan growth is the rise of automated market makers, or AMMs. They allow investors and token holders to use their tokens to provide liquidity, earn returns and concurrently increase demand for the native token exchange.
The latest upgrades on Timechain’s DEX are set to improve the efficiency of its AMM while offering an industry-spread aggregator to enable users...
|  | Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Ze...
Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra's dollar-pegged stablecoin, and MIM, another collateralized stablecoin, were 'solid ponzis' and that the bear market would eventually lead their prices to zero.
Maker Co-Founder Calls Out Competitors
Rune Christensen, one of the co-founders of the organization behind the creation and development of DAI, a decentralized stablecoin, has called out two competitors. Christensen indicated that he got tired of being nagged by UST and MIM 'reply guys' on Twitter, and indicated his opinion about these two relatively new stablecoins, comparing them with DAI. Christensen stated:
Look, UST and MIM are solid ponzis and I respect that. You can make good money off them for sure. But they are not built for resilience and they are going to 0 once the market turns for real.
Christensen elaborated by indicating that DAI was built for resilience while noting that the project is the most trustable when it comes to smart contracts and collateral security. However, UST flipped DAI as the most valuable stablecoin project back in December. Still, DAI is ranked second amongst decentralized stablecoin projects by market capitalization.
Engineered Differently
While MIM, UST, and DAI are all decentralized stablecoins in name, each one of them is engineered differ...
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