Could you please clarify for me the current standing of MKR crypto in the overall cryptocurrency market? I'm particularly interested in understanding how it compares to other major cryptocurrencies in terms of market capitalization, trading volume, and perhaps even adoption rates or use cases. Would you mind providing a brief overview of its ranking and any significant factors that might be influencing its position? I'm eager to gain a deeper understanding of MKR's place within the crypto ecosystem. Thank you for your assistance.
7 answers
CharmedVoyager
Sun Jun 16 2024
Maker Price Live Data is a crucial metric for cryptocurrency investors and traders alike. The current CoinMarketCap ranking for Maker stands at #49, indicating its solid position within the vast cryptocurrency ecosystem.
EnchantedSky
Sun Jun 16 2024
With a live market capitalization of $2,510,200,251 USD, Maker demonstrates significant market presence and liquidity. This figure represents the total value of all Maker coins currently in circulation.
CryptoConqueror
Sun Jun 16 2024
The circulating supply of Maker coins stands at 927,770 MKR. This refers to the number of coins that are currently available for trading and use within the Maker ecosystem.
Andrea
Sat Jun 15 2024
It's worth noting that Maker also has a maximum supply of 1,005,577 MKR coins. This figure represents the upper limit on the total number of Maker coins that will ever be created.
CryptoVisionary
Sat Jun 15 2024
Maker's position within the crypto market, combined with its impressive market capitalization and circulating supply, makes it a compelling option for investors seeking exposure to decentralized finance (DeFi) protocols.