Over the past week, Maker DAO’s native token, $MKR, has encountered a marginal decrease of up to 3%. This decline coincides with notable on-chain activity involving a prominent whale investor, identified as 0xa09. Recent data reveals that Whale 0xa09 recently deposited the remaining 1,488 MKR tokens, valued at $5.43 million, […]
Tag: Maker DAO
MakerDAO Token Sees Surge Amidst Onchain Activity
The Maker DAO governance token MKR has witnessed a notable surge in recent days, with gains of 15% recorded over the past week. However, recent onchain activity has brought some volatility to the market. In a significant move, a whale recently offloaded 4,753 MKR tokens in exchange for 17.3M DAI, […]
MakerDAO’s $MKR Continues Steady Growth Amidst Bullish Market Sentiment
MakerDAO, a decentralized organization and software platform built on the Ethereum blockchain, has demonstrated consistent growth over the years, reflected in the bullish performance of its native token, $MKR. $MKR has exhibited positive momentum across all time frames, with impressive gains of 120% in the past 90 days, 61% in […]
MakerDAO’s Endgame Launch Sparks $MKR Price Surge And Whale Activity
The unveiling of MakerDAO’s Endgame Launch has sent the price of $MKR soaring, with the cryptocurrency experiencing a notable surge of over 10% in value today. The rollout of MakerDAO’s Endgame marks a pivotal milestone for the platform, signaling the commencement of an ambitious endeavor aimed at bolstering Maker’s SubDAOs […]
MakerDAO, $MKR Faces Price Decline Following On-Chain Activity And Protocol Changes
MakerDAO ($MKR), known for its significant contribution to real-world asset (RWA) transactions within decentralized finance (DeFi), has experienced a slight price decline in recent hours, influenced by on-chain activity and protocol adjustments. According to reports from on-chain analytics firm Spotonchain, Wallet 0xa58, associated with RuneKek, a MakerDAO co-founder, has sold […]
Examining DAI’s Dominance In The CDP Ecosystem
Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]
Maker (MKR) Witnesses Notable Whales Accumulation Amidst 70% Price Surge
In the last month, Maker (MKR), the governance token linked to MakerDAO and the Maker Protocol, has seen an impressive 70% surge in its price. A recent analysis by LookOnChain, a prominent on-chain expert, suggests that during this period, significant crypto whales have been actively accumulating MKR. The report highlights […]