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What Is the Maker price prediction today
AT A GLANCE
- In 2024, Maker price is expected to reach $2275.3379733412135, according to some experts
- 2025 promises to be turbulent, with prices ranging from $55.10832539065805 to $2617.6454560562634, with TradingBeast predicting a breakthrough leading to a price rise to $2617.6454560562634
- By 2030, MKR price can hit $2275.3379733412135
Maker fundamental analysis
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.
Maker live price chart
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Maker technical analysis
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Maker price prediction
Maker price predictions summary
Maker price prediction for 2024
Maker price prediction for 2025
Maker price prediction for 2026
Maker price prediction for 2027
Maker price prediction for 2030
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