Maker (MKR) One Day Trading Volume Tops $5.62 Million

Maker (MKR) traded 0.9% higher against the dollar during the one day period ending at 17:00 PM E.T. on October 31st. Over the last seven days, Maker has traded up 10.1% against the dollar. Maker has a total market cap of $1.10 billion and $5.62 million worth of Maker was traded on exchanges in the last 24 hours. One Maker token can now be purchased for about $1,255.87 or 0.01791512 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.4% lower against the dollar and now trades at $70,309.54 or 1.00297302 BTC.
• SolvBTC (SOLVBTC) traded down 2.6% against the dollar and now trades at $70,188.89 or 1.00125194 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Maker

Maker’s launch date was August 15th, 2015. Maker’s total supply is 902,508 tokens and its circulating supply is 872,074 tokens. The official website for Maker is makerdao.com. The Reddit community for Maker is https://reddit.com/r/makerdao and the currency’s Github account can be viewed here. Maker’s official Twitter account is @makerdao and its Facebook page is accessible here.

According to CryptoCompare, “MakerDAO is a Decentralized Autonomous Organization (DAO) and open-source project on the Ethereum blockchain, created in 2014. Its governance token, MKR, is used by people around the world to manage the Maker Protocol and its financial risks. MKR voting power is proportional to the amount of MKR a voter stakes in the voting contract, DSChief. Maker Protocol enables users to create currency and is governed by MKR holders deciding on key parameters (stability fees, collateral types/rates, etc.) The Maker Protocol is the first DeFi application to earn significant adoption. The Maker Foundation is part of the global Maker community and works towards decentralizing the project.”

Buying and Selling Maker

It is usually not possible to buy alternative cryptocurrencies such as Maker directly using U.S. dollars. Investors seeking to trade Maker should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Maker using one of the exchanges listed above.

MKR/USD price chart by TradingView