Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Maker (MKR): attracted investments contribute to the growth of cryptocurrency

    Maker (MKR): attracted investments contribute to the growth of cryptocurrency

    0
    By BlockchainJournal on October 6, 2018 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The price of cryptocurrency Maker (MKR) increased by 16% in the last 24 hours, at the moment it is $ 632.64.

    Recall that MakerDAO is a decentralized autonomous organization that has two tokens:

    • Maker (MKR) performing control function
    • DAI is a stablecoin, i.e. the value of this token relative to the US dollar remains constant.

    At the end of September, it was announced that Maker had unilaterally sold 6% of the total amount of MKR to the Andreessen Horowitz venture capital fund for $ 15 million. Investments were made at about a 25% discount to the current price, and the money will be used to finance the organization over the next three years.  

    After this statement, Maker (MKR) shows significant growth. Earlier this month, the price of MKR was above $ 500, and over the past two days it increased by another $ 100. At the moment, the MKR cryptocurrency has a market capitalization of $ 460 million, making it the 23rd largest coin in AltDex 100 Cryptocurrency Index (ALT100).

    And what do you think about this cryptocurrency?

    Featured Finance MakerDAO
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    ARK Invest Unloads Coinbase and GBTC Shares by Millions Amid Market Boom

    December 6, 20232 Mins Read

    GBTC Discount Shrinks as Bitcoin Price Surges

    December 6, 20232 Mins Read

    IBM Introduces OSO, Designed for Cold Storage of Digital Assets

    December 6, 20232 Mins Read

    Marathon Digital Produced 1,187 Bitcoins in November and Held 14,025 Unrestricted BTC

    December 5, 20232 Mins Read

    Volume Counterfeiting Allegations Rock RATS Token on Gate Exchange

    December 5, 20232 Mins Read

    A New Era for Cryptocurrency: Zodia Custody’s Integration with Harmonize

    December 4, 20232 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.