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 for Maker price predictions for 2023, there are divergent opinions. WalletInvestor expects a downturn towards $439.9362, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from PricePrediction.net, are more enthusiastic about Maker’s future price, citing upwards of $846.5439 in December.
In their Maker price predictions for 2024, WalletInvestor’s forecasts the coin’s price to go above $826.5468 by December. Forecasting Maker's future, PricePrediction.net expects further growth, too, saying the Maker price will reach ~$906.5352 by that time. On the contrary, TradingBeast keeps predicting Maker price decline, quoting prices around ~$0 in 2024.
Maker price predictions for 2025 are still predominantly negative, with some analysts promising prices in the $0–$606.5787 range (TradingBeast, WalletInvestor), while PricePrediction.net takes a different view and cites the possibility of the price reaching $1113.1719 in December 2025.
WalletInvestor has only pessimism in store for the 2026 Maker price prediction, valuing Maker at $579.9159 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0 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 $999.855.
Speaking of long-term Maker price predictions for 2030, experts present two polar opinions. WalletInvestor expresses the view that Maker price won’t grow further and, opposedly, will decline to $539.9217. TradingBeast’s price prediction for Maker echoes with the projection of a downtrend to $0. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $893.2038.
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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