Is maker (MKR) underperforming the global cryptocurrency market?

With a price decline of -7.30% in the last 7 days, Maker (MKR) is underperforming the global cryptocurrency market which is up 0.60%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

What is the maker price?

The Maker price is $634.67, a change of 0.16% over the past 24 hours as of 1:34 p.m. The recent price action in Maker left the tokens market capitalization at $572,031,522.86. So far this year, Maker has a change of 24.97%. Maker is classified as a DeFi under CoinDesks Digital Asset Classification Standard (DACS).

Why should you read crypto charts?

As a basic part of technical analysis, reading charts should serve as an introduction to understanding the crypto market better through learning more techniques and crypto market factors. Reading candlesticks and charts should not be a participant’s sole basis for forecasting the market. Stay up to date on the market with Crypto.com Price.

How to calculate crypto market cap?

Crypto market cap is calculated by multiplying the total number of coins in circulation by its current price. For instance, to calculate the market cap of Ethereum, all you need to do is multiply the total number of Ethereum in circulation by the current price of one Ethereum and you will get its market cap.