After A 170% Spike, Is The Maker (MKR) Dream Rally Over?
After rallying over 170% from June 2023 lows, there are signs that Maker (MKR) bulls are losing momentum, looking at price action and decisions by various whales acting via an intermediary. At spot rates, MKR is changing hands at near 2023 highs but is down 16% from October highs. Maker (MKR) Is Selling Off: The Bull Run Is Over? MKR is dumping at an unexpectedly faster pace, reversing gains posted in early Q4 2023, a concern. According to The Data Nerd, Falcon X sent 5,690 MKR worth $8.52 million to multiple exchanges, mainly OKX and Binance, at an average price of $1,497. Typically,....
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A skyrocketing utility statistics coming out of Maker, a peer-to-contract lending platform, has increased its governance token MKR’s bullish appeal among analysts. Chris Burniske, one of the partners at venture capitalist firm Placeholder in New York, highlighted the steadily growing locked value inside the Maker liquidity pool. The fund manager further presented that MKR as an […]
With such a large spike in bitcoin sentiment recently, a bitcoin rally could be underway. Bitcoin has been fluctuating between $30k and $40k for a while now with no real significant movement either up or down. This has come in light of the market crash experienced over a month ago. The asset lost about 50 […]
The Maker token, MKR, has managed to break the $1,500 level with a sharp 15% rally as on-chain data shows MKR has seen high address activity recently. Maker Has Outperformed Top Coins With 15% Rally In Past Week While giants like Bitcoin have struggled recently, MKR has proven to be different as the coin has observed an impressive run of bullish momentum. Following the latest leg up in the asset’s rally, it has surged past the $1,500 level, a feat it hasn’t replicated since May 2022, almost a year and a half ago now. Related Reading: Bitcoin Bearish Signal: Long-Term Holders....
Behold the mighty strength of DAO Maker. After recently celebrating DAO Maker’s 3rd anniversary, we have decided to no longer let you wait. Our loyal community and follower-base anticipated DAO Maker’s token launch for years and we are ready to serve the public demand. Following the smashing success of Orion Protocol, DAO Maker is throwing […]