In 2024, Maker price is expected to reach $1978.5174919329731, according to some experts
2025 promises to be turbulent, with prices ranging from $1674.0955960151045 to $3094.5812226097096, with TradingBeast predicting a breakthrough leading to a price rise to $3094.5812226097096
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.
As of the beginning of 2024, Maker price predictions remain predominantly positive, with some analytics promising the price at about $1723.708, while WalletInvestor even cites the possibility of the price reaching $1816.049 by the end of the year.
According to WalletInvestor, in 2025 Maker investors should expect price growth to $3216.194, which seems a good reason to consider Maker as an investment option. PricePrediction.net, in turn, predicts the price increasing to $2293.282, and TradingBeast agrees with a predicted growth to $2787.911.
The experts are unanimous in their Maker price forecasts for 2026 — everybody expects Maker’s price to grow by the end of that year. PricePrediction.net predicts the price growth reaching $2608.046. According to WalletInvestor’s research, Maker’s price can go up to $5255. TradingBeast’s forecast is also positive: its analysts hold the view that by 2024 Maker’s price will be about $2757.933.
Both PricePrediction.net and WalletInvestor predict the Maker market to grow in 2027, resulting in $1963.529 and $7547.219 by the end of the year respectively. Other Maker price forecasts support the idea: TradingBeast forecasts Maker to reach $2877.844 by December 2027.
Speaking of long-term Maker price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Maker price will grow further and eventually reach $2473.147 by the end of the decade. WalletInvestor’s price prediction for Maker echoes with the projection of an uptrend to $5660.414. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $1468.899.
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Author
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.
Summary
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).
Disclaimer:
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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