Maker (MKR) is the eponymous token of the platform behind DAI. DAI is a stablecoin anchored at the price of the dollar (1 USD equals 1 DAI) while the function of the MKR is to create or destroy tokens to keep the price around $1 if it rises or falls. The MKR token functions as a pillar of the platform to pay fees to and vote on the DAI risk parameters. The biggest difference between Maker and other stablecoins is transparency. It uses smart contracts on the Ethereum blockchain to secure assets and is backed by ETH instead of fiat currency. Both the cryptocurrency and the backup are under the security and effectiveness of the blockchain, allowing the user quick access to information. These coins have a stable character. They are less volatile and therefore easier for long-term financial planning. The uptrend and the growing confidence of investors and users in Dai suggest that the price of Maker will continue to grow.
Despite the fact that 100% accurate technical analysis for Maker cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated MKR buy-and-sell rating for selected timeframe. The summary for MKR/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Below we have collected the most reliable price projections for Maker (MKR) from popular forecast platforms.
Maker Price Prediction for 2023
As of the beginning of 2023, Maker price predictions remain predominantly positive, with some analytics promising the price at about $1917.616, while PricePrediction.net even cites the possibility of the price reaching $2016.317 by the end of the year.
In their Maker price predictions for 2024, PricePrediction.net’s forecasts the coin’s price to go above $2086.817 by December. Forecasting Maker's future, TradingBeast expects further growth, too, saying the Maker price will reach ~$2991.481 by that time. On the contrary, WalletInvestor keeps predicting Maker price decline, quoting prices around ~$155.6653 in 2024.
Maker price predictions for 2025 are still predominantly negative, with some analysts promising prices in the $177.4584–$1017.103 range (WalletInvestor, TradingBeast), while PricePrediction.net takes a different view and cites the possibility of the price reaching $2608.522 in December 2025.
TradingBeast has only pessimism in store for the 2026 Maker price prediction, valuing Maker at $1291.721 by the end of 2026. WalletInvestor agrees with a negative forecast and predicts, in turn, $19.52043 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their Maker price prediction for December of this year is just $2608.522.
Speaking of long-term Maker price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Maker price will grow further and eventually reach $2144.258 by the end of the decade. PricePrediction.net’s price prediction for Maker echoes with the projection of an uptrend to $2650.822. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $11.71226.
As it can be clear from the analysis cited above, Maker (MKR) projections are rather contradictory. There is no universal consensus either about positive or negative future MKR price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Maker projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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