Market cap $1.39 B Full cap $1.55 B Volume 24H $131.61 M ATH $6 292
Maker (MKR) is a cryptocurrency and a governance token. Cryptocurrency Maker (MKR) is a digital token created on the Ethereum platform of the project Maker, the main purpose of which is to create a line of decentralized digital assets that would be tied to the value of real instruments such as currency, gold, etc. On the basis of the platform, it is planned to create an exchange where it would be possible to carry out margin trading of tokens on the ERC20 Protocol.
The Federal Reserve Chair, Jerome Powell, recently stated that his institution had no intention of banning cryptocurrencies. While this is a positive sign for the regulatory future of cryptocurrencies, we are still in a hazy area.
DeFi will likely continue to amass more users at the current pace of innovation as systems become scalable and interoperable. This raises the probability of crypto users opting for alternative DeFi environments despite Ethereum’s current market dominance.
