Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It'">

Maker (MKR) decreases -2.69% on April 8-9

Maker (MKR) had a bad 24 hours as the crypto declined $-19.6636 or -2.69% trading at $711.4648. According to Top Crypto Analysts, Maker (MKR) eyes $782.61128 target on the road to $1098.59259366951. MKR last traded at Bibox exchange. It had high of $747.2168 and low of $679.288 for April 8-9. The open was $731.1284. About 557 MKR worth $394,123 traded hands.

Maker (MKR) is up 9.15% in the last 30 days from $651.8 per coin. Its up 48.06% in the last 100 days since when traded at $480.52 and the annual trend is up. 200 days ago MKR traded at $445.84. MKR has 1.00M coins mined giving it $711.46 million market cap. maximum coins available are 1.00 million. MKR uses algorithm and proof type. It was started on 15/08/2015.

Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It’s token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn).

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