Maker's (MKR) Price Increases 11.96% to $1,974.90, Bucking Weekly Trend

Maker's MKR/USD price has increased 11.96% over the past 24 hours to $1,974.90, which is in the opposite direction of its trend over the past week

The price of Maker (CRYPTO: MKR) experienced a surge of 11.96% over the last 24 hours and was trading at $1,974.90 at the time of writing. This recent movement was in the opposite direction of the coin’s trend over the past week, during which it had declined 26.0%, moving from $2,677.79 to its current price.

The coin’s all-time high price stood at $6,292.31.

The following chart shows MKR’s price movement and volatility over the past 24 hours (left) and the past week (right). The gray bands are Bollinger Bands, a measure of volatility that adjusts to the price over time. The wider the bands, or the larger the gray area at any given moment, the greater the volatility.

The trading volume for the coin had decreased by 0.0% over the last week.

The total circulating supply of the coin had increased by 0.18% and was over 930 thousand at the time of writing. This placed the current circulating supply at an estimated 92.52% of the coin’s max supply, which was 1.01 million.

According to CoinGecko, MKR’s market cap was $1.84 billion, ranking it 47th among all cryptocurrencies. Continue Reading on Benzinga Crypto

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