Maker (MKR) soars 2.59% on December 7-8

December 8, 2017 - By Max Morgan

Maker (MKR) had a good 24 hours as the cryptocurrency jumped $9.14 or 2.59% trading at $362.31. According to Global Crypto Analysts, Maker (MKR) eyes $398.54 target on the road to $883.30. MKR last traded at EtherDelta exchange. It had high of $363.47 and low of $353.17 for December 7-8. The open was $353.17.

Maker (MKR) is up 52.10% in the last 30 days from $238.20 per coin. Its up 0.00% in the last 100 days since when traded at $0.00 (non existent) and the annual trend is up. 200 days ago MKR traded at $206.90. Maker maximum coins available are 1.00 million. MKR uses algorithm and proof type. It was started on 01/01/0001.

Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF s currency basket SDR. It’s token MKR is a speculative Ethereum based asset that backs the value of the dai a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker s income is funnelled to MKR owners through BuyBack program (Buy&Burn).

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