Cryptocurrency Maker's Price Increased More Than 9% Within 24 hours
Portfolio Pulse from Benzinga Insights
Maker's cryptocurrency (MKR) has seen a significant price increase of 9.54% in the last 24 hours, reaching $2,063.89. Over the past week, MKR has gained 5.0%, with the trading volume rising by 32.0%. The circulating supply slightly decreased, while the market cap ranks at #46, valued at $1.90 billion. The volatility of MKR is depicted through Bollinger Bands in the provided chart.
January 24, 2024 | 7:03 pm
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Maker (MKR) has experienced a 9.54% price increase over the last 24 hours and a 5% increase over the past week, with a significant rise in trading volume and a slight decrease in circulating supply.
The substantial price increase and rising trading volume indicate strong market interest in Maker (MKR), which could lead to continued short-term bullish behavior. However, the cryptocurrency market is known for its volatility, and such trends can reverse quickly.
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