Maker (MKR) is a cryptocurrency and operates on the Ethereum platform. Maker has a current supply of 874,318.96568131 with 848,074.41837467 in circulation. The last known price of Maker is 1,299.61172407 USD and is up 1.08 over the last 24 hours. It is currently trading on 556 active market(s) with $60,481,752.15 traded over the last 24 hours. More information can be found at https://makerdao.com/.
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Two Ethereum whales on MakerDAO are at risk of being liquidated if Ether drops below $1,800. The whales, who borrowed millions in DAI from the DeFi lending protocol and pledged ETH as collateral, are now under pressure due to Ether's continuous decline.
MakerDAO's governance token, MKR, has posted double-digit gains in the past 24 hours, making it the market's top performer. The surge propelled MKR to a seven-day high of $1,485, where it traded briefly during Thursday's early Asian hours.
The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing.
Highlights MKR Coin breaks critical resistance level $1200 last week, signalling a breakout from the downtrend that began back in June. In the near term, MKR's future resistance is at $1500, with a breakout possibility to the $1800 price zone. A key support level is around $1000.